Dear OKX Users,
OKX is pleased to announce the official launch of API3 and BTT leverage trading, savings products (Earn), and API3-USDT/BTT-USDT perpetual contracts across web, mobile app, and API platforms. Below are the detailed rules:
I. Leverage Trading and Savings Products
- Trading Pairs:
API3 and BTT will support USDT-margined leverage trading. - Leverage Tiers:
Refer to the Leverage Tier Guide post-launch for gradient design details. - Savings Quotas:
Check the Earn Product Rules post-launch for allocation limits.
II. Perpetual Contracts
API3-USDT Perpetual Contract
| Contract Specs | Details |
|---|---|
| Underlying | API3/USDT Index |
| Settlement Coin | USDT |
| Contract Size | 1 API3 |
| Price Quote | USDT price per 1 API3 |
| Minimum Price Increment | 0.0001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Clamp(MA((Contract Mid Price − Spot Index Price)/Spot Index Price), −0.75%, 0.75%) |
| Trading Hours | 24/7 |
BTT-USDT Perpetual Contract
| Contract Specs | Details |
|---|---|
| Underlying | BTT/USDT Index |
| Settlement Coin | USDT |
| Contract Size | 1,000,000 BTT |
| Price Quote | USDT price per 1 BTT |
| Minimum Price Increment | 0.000000001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Same as API3-USDT |
| Trading Hours | 24/7 |
Note: To mitigate unstable premiums post-launch, the funding rate cap is temporarily set at 0.03% until 00:00 (HKT) on March 4, 2022, after which it reverts to the standard 0.75% cap.
👉 Explore API3 and BTT Trading Now
For limit orders and other trading rules, refer to our Perpetual Contracts Documentation.
OKX remains committed to delivering exceptional products and services.
Keywords: API3, BTT, leverage trading, perpetual contracts, OKX, crypto savings, USDT margined
FAQs
Q1: When do API3/BTT perpetual contracts launch?
A1: March 3, 2022, at 17:10 (HKT).
Q2: What’s the minimum price increment for BTT-USDT?
A2: 0.000000001 USDT.
Q3: Are these products available on mobile?
A3: Yes, via OKX’s web, app, and API platforms.
Q4: What’s the temporary funding rate cap?
A4: 0.03% until March 4, 00:00 HKT.
Q5: How does leverage work for API3?
A5: Ranges from 0.01x to 75x.