OKX to list perpetual for ME crypto, along with its margin trading and Simple Earn

We are pleased to announce that USDT-margined perpetual futures for ME will be enabled at 3:30 pm UTC on December 10, 2024. ME margin trading and Simple Earn will be enabled at 4:00 am UTC on December 11, 2024.

This update covers both the web and app interfaces as well as the API. The details are as follows:

I. Margin trading and Simple Earn

1. Spot margin trading will be activated for the following pair: ME/USDT.

2. For the details of the tiered margin level, please refer to the position tier margin schedule after official listing.

3. For the limits of Simple Earn, please refer to the Simple Earn guide after official listing.

II. Perpetual futures trading
MEUSDT perpetual futures:

Note: To avoid unreasonable fees arising from significant premium fluctuations of a newly launched contract, the upper limit of the funding fee before 4:00 pm UTC on December 10, 2024 is 0.03%. After 4:00 pm UTC on December 10, 2024, the upper limit of the predicted funding fee will be adjusted back to the regular rate of 1.5%. (The funding fee for this period will be charged at 12:00 am UTC on December 11, 2024.)

The price limit rules of ME USDT-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details.
USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement

OKX team
December 10, 2024