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OKX adjusts position tiers of WEMIXUSDT perpetual swaps
Contract | Tier | Min. amount (Cont) (Before) | Max. amount (Cont) (After) | Maintenance margin ratio | Min. initial margin ratio | Max. leverage |
WEMIXUSDT Perpetual | 1 | 1,200 | 1 | 1.0% | 1.3% | 75 |
2 | 3,000 | 3 | 1.5% | 2.0% | 50 | |
3 | 12,000 | 6,000 | 2.0% | 5.0% | 20 | |
4 | 24,000 | 12,000 | 2.5% | 5.5% | 18.18 | |
5 | Increase by 12,000 conts from the previous tier | Increase by 6,000 conts from the previous tier | Increase by 0.5% from the previous tier | Increase by 0.5% from the previous tier | Max. leverage of the tier |
Users' maintenance margin ratio may increase because of tier adjustments and market volatility. To prevent forced liquidations caused by these adjustments, users are encouraged to decrease leverage by either increasing margins or closing positions.
For any inquiries regarding this adjustment, please feel free to contact us in the OKX Telegram group or via the Support Center.
OKX
Nov. 24, 2022 (UTC)
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