OKX to list perpetual for KMNO crypto, along with its margin trading and Simple Earn
We are pleased to announce that USDT-margined perpetual futures for KMNO will be enabled at 3:30 am UTC on May 30, 2025. KMNO margin trading and Simple Earn will be enabled at 4:00 am UTC on June 2, 2025.
This update covers both the web and app interfaces as well as the API. The details are as follows:
I. Margin trading and Simple Earn
Spot margin trading will be activated for the following pair: KMNO/USDT.
For the details of the tiered margin level, please refer to the position tier margin schedule after official listing.
For the limits of Simple Earn, please refer to the Simple Earn guide after official listing.
II. Perpetual futures trading
Features | Details |
Underlying | KMNO/USDT index |
Settlement crypto | USDT |
Face value | 100 |
Price quotation | 1 KMNO 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 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 May 30, 2025 is 0.5%. After 4:00 pm UTC on May 30, 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 May 30, 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 KMNO 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
May 29, 2025