OKEx to List USDT-Margined Perpetual for TONCOIN
BRAZILIEX
関連タイプ: Others
2021-11-12 14:50
We are pleased to announce that USDT-margined perpetual swaps for TONCOIN will be listed at 12:00 am UTC on Nov. 12.
The updates will cover both the web and app interfaces as well as API. The details are as follows:
TONCOINUSDT Perpetual Swap:
Feature
Details
Underlying
TONCOIN/USDT Index
Settlement asset
USDT
Face value
1 TONCOIN
Price quotation
1TONCOIN value calculated in USDT equivalent
Tick size
0.0001
Leverage
0.01-75 x
Funding rate
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: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 4:00 pm UTC on Nov. 12 is 0.03%. After 4:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 0.75% (the funding fee of this period will be charged at 8:00 am UTC on Nov. 13).
The price limit rules of TONCOIN USDT-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details.
USDT-margined perpetual swap trading: OKEx USDT Margined Perpetual Swap Trading User Agreement & Guide
Regards,
OKEx
Nov. 12, 2021 (UTC)
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