Dear OKX users,
We're excited to announce the official launch of leverage trading, savings products, and perpetual contracts for ALPHA, LUNA, and FTM on our web, mobile, and API platforms. Below are the detailed rules:
1. Leverage Trading and Savings
Key Features:
- Supported Trading Pair: USDT for ALPHA, LUNA, and FTM.
- Leverage Tiers: Refer to our Leverage Tier Guide post-launch.
- Savings Limits: Check the OKX Savings Rules for details.
👉 Maximize your trades with OKX’s low-fee leverage
2. Perpetual Contracts
ALPHAUSDT Perpetual Contract
| Contract Spec | Details |
|---|---|
| Underlying | ALPHA/USDT Index |
| Settlement Coin | USDT |
| Face Value | 1 ALPHA |
| Tick Size | 0.001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Clamp(MA((Mid Price − Index)/Index), −0.75%, 0.75%) |
| Trading Hours | 24/7 |
LUNAUSDT Perpetual Contract
| Contract Spec | Details |
|---|---|
| Underlying | LUNA/USDT Index |
| Face Value | 0.1 LUNA |
| Tick Size | 0.01 |
| Other Terms | Same as ALPHAUSDT |
FTMUSDT Perpetual Contract
| Contract Spec | Details |
|---|---|
| Underlying | FTM/USDT Index |
| Face Value | 10 FTM |
| Tick Size | 0.0001 |
Note: To ensure fair funding rate calculations, a temporary 0.03% cap applies initially, reverting to 0.75% after the first 24 hours.
👉 Trade ALPHA, LUNA, and FTM contracts with high liquidity
FAQs
Q1: What’s the minimum investment for these contracts?
A1: The face values are 1 ALPHA, 0.1 LUNA, and 10 FTM respectively.
Q2: How is the funding rate calculated?
A2: It’s derived from the difference between the contract’s mid price and the spot index, clamped to ±0.75%.
Q3: Are there API limits for these new products?
A3: No—trade 24/7 via all supported platforms.
OKX remains committed to delivering top-tier crypto products and services.
OKX Team
For updates, follow our official channels.
### Keywords:
- Leverage Trading
- Perpetual Contracts
- ALPHA
- LUNA
- FTM
- OKX
- Crypto Savings