OKX to list perpetual futures for NXPC, LAUNCHCOIN, MUBARAK crypto
We are pleased to announce that USDT-margined perpetual futures for NXPC, LAUNCHCOIN, MUBARAK will be enabled at 10:00~10:30 am UTC on June 3, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
NXPC/USDT perpetual futures trading will open at 10:00 am UTC on June 3, 2025.
LAUNCHCOIN/USDT perpetual futures trading will open at 10:15 am UTC on June 3, 2025.
MUBARAK/USDT perpetual futures trading will open at 10:30 am UTC on June 3, 2025.
II. Perpetual futures trading
NXPC perpetual futures:
NEXPACE (NXPC) is a blockchain gaming project launched by Nexon. Based on the MapleStory universe, it creates a decentralized gaming ecosystem where players own assets through NXPC tokens and NFT.
Full English Name: NEXPACE
Abbreviation: NXPC
Official Website: https://msu.io/
Twitter: https://x.com/MaplestoryU
Features | Details |
Underlying | NXPC/USDT index |
Settlement crypto | USDT |
Face value | 1 |
Price quotation | 1 NXPC value calculated in USDT equivalent |
Tick size | 0.001 |
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 |
Trading hours | 24/7 |
LAUNCHCOIN perpetual futures:
Launch Coin on Believe (LAUNCHCOIN) is a token launched on Believe, a platform allows users to create and launch tokens by posting on X, specifying a token name and ticker.
Full English Name: Launch Coin on Believe
Abbreviation: LAUNCHCOIN
Official Website: https://believe.app/
Twitter: https://x.com/launchcoin
Features | Details |
Underlying | LAUNCHCOIN/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 LAUNCHCOIN value calculated in USDT equivalent |
Tick size | 0.0001 |
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 |
Trading hours | 24/7 |
MUBARAK perpetual futures:
MUBARAK is a meme coin tied to the Arabic word "Mubarak".
Full English Name: Mubarak
Abbreviation: MUBARAK
Official Website: https://www.mubarak-cto.com/
Twitter: https://x.com/mubarak_cto
Features | Details |
Underlying | MUBARAK/USDT index |
Settlement crypto | USDT |
Face value | 100 |
Price quotation | 1 MUBARAK value calculated in USDT equivalent |
Tick size | 0.00001 |
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 |
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 June 3, 2025 is 0.5%. After 4:00 pm UTC on June 3, 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 June 3, 2025.) If there is a deviation from the contract price, the funding fee limit will be adjusted according to market conditions.
The price limit rules of NXPC, LAUNCHCOIN, MUBARAK 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
June 3, 2025