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OKX to list perpetual futures for DOG crypto
We are pleased to announce that USDT-margined perpetual futures for DOG will be enabled at 6:00 am UTC on November 19, 2024.
The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
DOG/USDT perpetual futures trading will open at 6:00 am UTC on November 19, 2024.
II. Perpetual futures trading
DOGUSDT perpetual futures:
$DOG is a memecoin on Bitcoin on the Runes standard. 100% of the $DOG supply was airdropped for free in a volunteer initiative earlier this year. $DOG is a fully open-source, community driven memecoin that embraces the principles of decentralization that Satoshi Nakamoto championed.
Asset name: DOG•GO•TO•THE•MOON
Ticker: DOG
Website: https://doggotothemoon.io
Twitter: https://twitter.com/LeonidasNFT
Features | Details |
Underlying | DOG/USDT index |
Settlement crypto | USDT |
Face value | 1000 |
Price quotation | 1 DOG value calculated in USDT equivalent |
Tick size | 0.000001 |
Leverage | 0.01-50x |
Funding fee | Clamp(MA([(Best bid Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Funding interval | 4 hours |
Trading hours | 24/7 |
Note: When a new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding fee before 4:00 pm UTC on November 19, 2024 is 0.03%. After 4:00 pm UTC on November 19, 2024, the upper limit of the predicted funding fee will be adjusted back to normal 1.50%. (The funding fee for this period will be charged at 8:00 pm UTC on November 19, 2024.)
The price limit rules of DOG 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
November 19, 2024
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