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      Perpetual, margehandel en Simple Earn voor DUCK beschikbaar op OKX

      We are pleased to announce that USDT-margined perpetual futures for DUCK will be enabled at 11:00 am UTC on January 16, 2025. DUCK margin trading and Simple Earn will be enabled at 4:00 am UTC on January 17, 2025.

      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: DUCK/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

      Features

      Details

      Underlying

      DUCK/USDT index

      Settlement crypto

      USDT

      Face value

      100

      Price quotation

      1 DUCK 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: 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 January 16, 2025 is 0.03%. After 4:00 pm UTC on January 16, 2025, 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 8:00 pm UTC on January 17, 2025.)

      The price limit rules of DUCK 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
      January 16, 2025

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