We're excited to announce FOXY's integration into OKX's trading ecosystem with three key offerings:
Comprehensive FOXY Trading Services
1. Perpetual Futures Launch (April 12, 2024)
- Trading begins: 8:30 am UTC
- Contract type: USDT-margined perpetual futures
- Pair: FOXY/USDT
2. Margin Trading & Simple Earn (April 17, 2024)
- Activation time: 4:00 am UTC
Available products:
- Spot margin trading (FOXY/USDT pair)
- Simple Earn flexible products
👉 Start trading FOXY perpetual contracts today
Detailed Trading Specifications
FOXY Perpetual Futures Overview
| Feature | Specification |
|---|---|
| Underlying Index | FOXY/USDT |
| Settlement | USDT |
| Contract Value | 100 FOXY |
| Price Precision | 0.0000001 |
| Leverage Range | 0.01-50x |
| Funding Rate | ±0.75% (initial cap 0.03%) |
| Trading Availability | 24/7 |
Special Note: Funding rate caps will normalize to 1.5% after 4:00 pm UTC on April 12, with the first full-cycle fee applied at midnight UTC April 13.
Margin Trading Features
- Tiered margin requirements (viewable post-listing)
- Competitive interest rates
- Cross/isolated margin options
👉 Explore FOXY margin trading opportunities
Key Advantages for Traders
- Diverse Strategies: Combine perpetual futures with spot margin positions
- Capital Efficiency: Earn yield on idle FOXY through Simple Earn
- Platform Consistency: Uniform experience across web, mobile, and API
FAQ Section
Q: What's the minimum order size for FOXY perpetuals?
A: The face value is 100 FOXY per contract.
Q: Can I transfer FOXY between margin and Simple Earn?
A: Yes, seamless transfers are supported after April 17 activation.
Q: How often are funding fees calculated?
A: Every 8 hours (UTC midnight, 8am, 4pm).
Q: Is there a maximum position size for FOXY margin trading?
A: Limits vary by margin tier - check our official documentation post-launch.
Q: What makes FOXY trading special on OKX?
A: Our integrated ecosystem allows simultaneous access to derivatives, margin, and yield products with industry-leading liquidity.
Risk Management Notes
- Price limits follow standard perpetual futures protocols
- Recommended to monitor funding rates during initial listing period
- Always practice proper risk management with stop-loss orders
The OKX trading team remains available 24/7 to support your FOXY trading journey. Our platform continues to deliver institutional-grade infrastructure with retail-accessible features.
Last updated: April 2024