We’re excited to announce the upcoming launch of ZEUS USDT-margined perpetual futures, margin trading, and Simple Earn on OKX. Here’s everything you need to know:
Key Dates and Features
1. Perpetual Futures Trading
- Launch Time: 8:30 am UTC on April 5, 2024
- Trading Pair: ZEUS/USDT
ZEUSUSDT Perpetual Futures Details:
| Feature | Details |
|---|---|
| Underlying | ZEUS/USDT index |
| Settlement Crypto | USDT |
| Face Value | 10 |
| Price Quotation | 1 ZEUS value calculated in USDT equivalent |
| Tick Size | 0.0001 |
| Leverage | 0.01–50x |
| Funding Fee Formula | Clamp(MA([(Best bid + Best offer)/2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0 |
| Trading Hours | 24/7 |
📌 Note:
- Initial funding fee cap: 0.03% until 4:00 pm UTC on April 5, 2024.
- Post-4:00 pm UTC, the cap reverts to 1.50%.
👉 Learn more about perpetual futures trading strategies
2. Margin Trading & Simple Earn
- Launch Time: 4:00 am UTC on April 8, 2024
- Spot Margin Pair: ZEUS/USDT
Highlights:
- Tiered margin levels apply (check OKX’s official guide post-listing).
- Simple Earn limits will be detailed upon launch.
Trading Rules and Tips
- Price limits for ZEUS perpetual futures align with OKX’s standard rules.
- For advanced guidance, refer to OKX’s perpetual futures trading guides.
FAQ
❓ What is the tick size for ZEUS perpetual futures?
The minimum price movement is 0.0001 USDT.
❓ Can I trade ZEUS perpetual futures 24/7?
Yes, trading is available 24/7 after launch.
❓ When will margin trading for ZEUS go live?
Margin trading and Simple Earn begin at 4:00 am UTC on April 8, 2024.
❓ Where can I check tiered margin details?
Visit OKX’s official announcements after the listing goes live.
🚀 Why Trade ZEUS on OKX?
- Low fees, high liquidity, and robust security.
- Flexible leverage options (up to 50x).
👉 Start trading ZEUS on OKX today
Last Updated: April 2024
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