OKX to list perpetual futures for PIPPIN, RLS crypto

Published on Dec 2, 20252 min read

We are pleased to announce that USDT-margined perpetual futures for PIPPIN, RLS will be enabled at 15:00 ~ 15:15 UTC on December 2, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows:

I. Listing schedule

  • PIPPIN/USDT perpetual futures trading will open at 15:00 UTC on December 2, 2025.

  • RLS/USDT perpetual futures trading will open at 15:15 UTC on December 2, 2025.


II. Perpetual futures trading

PIPPIN perpetual futures:

Pippin is an AI memecoin, named "Pippin" by ChatGPT, this image became the face of a new meme coin on Solana

Features

Details

Underlying

PIPPIN/USDT index

Settlement crypto

USDT

Face value

10

Price quotation

1 PIPPIN value calculated in USDT equivalent

Leverage

0.01-50x

Funding rate

clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.50%, -1.50%]

For average premium index and interest rate calculations, refer to our product documentation

Funding fee settlement interval

4 hours
If the funding rate of a perpetual future reaches the funding fee cap or floor when funding fee is charged or paid, the perpetual’s funding fee settlement period will automatically be adjusted to hourly settlement. Learn more from our product documentation

Trading hours

24/7

RLS perpetual futures:
Rayls is the EVM-compatible blockchain ecosystem that provides enterprise-grade privacy, scalability, interoperability, and decentralization simultaneously.

Features

Details

Underlying

RLS/USDT index

Settlement crypto

USDT

Face value

100

Price quotation

1 RLS value calculated in USDT equivalent

Leverage

0.01-20x

Funding rate

clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.50%, -1.50%]

For average premium index and interest rate calculations, refer to our product documentation

Funding fee settlement interval

4 hours
If the funding rate of a perpetual future reaches the funding fee cap or floor when funding fee is charged or paid, the perpetual’s funding fee settlement period will automatically be adjusted to hourly settlement. Learn more from our product documentation

Trading hours

24/7

USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement

OKX team
December 2, 2025