OKX to list perpetual trading for DGB and ENJ crypto, along with their margin trading and Simple Earn

Date de publication : 1 mars 2024Date de mise à jour : 4 avr. 2024Lecture de 2 min

We are pleased to announce that USDT-margined perpetual futures for DGB will be enabled at 8:30 am UTC on March 1, 2024. DGB margin trading and Simple Earn will be enabled at 8:00 am UTC on March 1, 2024. Besides, USDT-margined perpetual futures for ENJ will be enabled at 10:30 am UTC on March 1, 2024. ENJ margin trading and Simple Earn will be enabled at 10:00 am UTC on March 1, 2024.
The updates will cover 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: DGB/USDT and ENJ/USDT.
  2. For the details of the tiered margin level, please refer to Margin Borrowing Position Tiers after the official listing.
  3. For the limits of Simple Earn, please refer to the Introduction to OKX Simple Earn and Its Rules after the official listing.

II. Perpetual futures trading
DGBUSDT perpetual futures:

Features Details
Underlying DGB/USDT index
Settlement asset USDT
Face value 100
Price quotation 1 DGB value calculated in USDT equivalent
Tick size 0.000001
Leverage 0.01-20x
Funding rate Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0
Trading hours 24/7

ENJUSDT perpetual futures:

Features Details
Underlying ENJ/USDT index
Settlement asset USDT
Face value 10
Price quotation 1 ENJ value calculated in USDT equivalent
Tick size 0.0001
Leverage 0.01-20x
Funding rate Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0
Trading hours 24/7

Note: When a new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 4:00 pm UTC on March 1, 2024 is 0.03%. After 4:00 pm UTC on March 1, 2024, the upper limit of the predicted funding rate will be adjusted back to normal 1.50% (the funding fee for this period will be charged at 12:00 am UTC on March 2, 2024).

The price limit rules of DGB and ENJ 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
March 1, 2024