To enhance market liquidity and index stability across leverage, futures, and perpetual swap products while mitigating risks, OKEx has announced adjustments to the DOGE/USD index composition. These changes will take effect on May 13, 2021, at 18:00 (HKT).
Key Adjustments
Previous Configuration
| Index | Exchange | Trading Pair | Weight |
|-------------|------------|--------------|---------|
| DOGE/USD | Bittrex | DOGE/BTC | 33.3% |
| Binance | DOGE/BTC | 33.3% | |
| Huobi | DOGE/BTC | 33.3% | |
Updated Configuration
| Index | Exchange | Trading Pair | Weight |
|-------------|------------|--------------|---------|
| DOGE/USD | OKEx | DOGE/USDT | 33.3% |
| Binance | DOGE/USDT | 33.3% | |
| Huobi | DOGE/USDT | 33.3% | |
Risk Advisory
Given recent market volatility, the index adjustment may cause temporary price fluctuations in mark prices for leveraged and derivative markets. Users are advised to:
- Monitor maintenance margin requirements, which may increase post-adjustment.
- Reduce leverage via partial closing, position downsizing, or additional margin to avoid forced liquidation.
👉 Explore OKEx’s risk management tools for seamless trading.
FAQs
Why did OKEx modify the DOGE/USD index?
The update aims to improve liquidity by incorporating USDT-based pairs and refining exchange weightings for accurate price representation.
How does this affect my existing positions?
Your maintenance margin may rise temporarily. Adjust leverage proactively to prevent liquidation risks.
Which exchanges now contribute to the index?
OKEx, Binance, and Huobi—all using DOGE/USDT pairs—form the revised sample.
OKEx remains committed to delivering optimal trading experiences through robust infrastructure and responsive updates.