OKX to list perpetual futures for VANA crypto

We are pleased to announce that USDT-margined perpetual futures for VANA will be enabled at 4:00 am UTC on December 17, 2024.

The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule

VANA/USDT perpetual futures trading will open at 4:00 am UTC on December 17, 2024.

II. Perpetual futures trading

VANAUSDT perpetual futures:

Vana is an EVM-compatible L1 network allowing users to turn personal data into tradeable assets by aggregating private datasets to train AI models.

Asset name: Vana
Ticker: VANA
Website: https://www.vana.org/
Twitter: https://x.com/withvana

Features	Details
Underlying	VANA/USDT index
Settlement crypto	USDT
Face value	0.1
Price quotation	1 VANA value calculated in USDT equivalent
Tick size	0.001
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: To avoid unreasonable fees arising from significant premium fluctuations of newly launched futures, the upper limit of the funding fee before 4:00 pm UTC on December 17, 2024 is 0.03%. After 4:00 pm UTC on December 17, 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 December 17, 2024.)

The price limit rules of VANA 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 17, 2024

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