Cryptos: 41,179 Exchanges: 364 Market Cap: $3,369.37B 24h Vol: $93.5B Dominance: BTC 41.2% ETH 7.3% ETH Gas:  0 Gwei
  • Get App
Seclect Currency

Fiat currencies

    Crypto Currencies

      No results for ""

      We couldn't find anything matching your search.Try again with a different term.

      OKX to adjust position tiers of PEPEUSDT perpetual, AIDOGEUSDT perpetual and SUIUSDT perpetual

      OKX's logo OKX

      In order to improve market liquidity and mitigate risks, OKX will adjust the position tiers of PEPEUSDT perpetual, AIDOGEUSDT perpetual and SUIUSDT perpetual from 17:00-17:30 pm UTC on May 5.
      Specific adjustment details are as follows:

      ContractTierBeforeAfter
      Max. amount (Cont)Maintenance margin ratioMin. initial margin ratioMax. leverageMax. amount (Cont)Maintenance margin ratioMin. initial margin ratioMax. leverage
      PEPEUSDT Perpetual11000.65%1.33%755000.65%1.33%75
      25001.00%2.00%502,0001.00%2.00%50
      32,0001.20%2.50%404,0001.20%2.50%40
      4Increase by 2,000 conts from the previous tierIncrease by 0.5% from the previous tierIncrease by 0.5% from the previous tierMax. leverage of the tierIncrease by 4,000 conts from the previous tierIncrease by 0.5% from the previous tierIncrease by 0.5% from the previous tierMax. leverage of the tier
      AIDOGEUSDT Perpetual12000.65%1.33%751,0000.65%1.33%75
      21,0001.00%2.00%505,0001.00%2.00%50
      35,0001.20%2.50%4010,0001.20%2.50%40
      4Increase by 5,000 conts from the previous tierIncrease by 0.5% from the previous tierIncrease by 0.5% from the previous tierMax. leverage of the tierIncrease by 10,000 conts from the previous tierIncrease by 0.5% from the previous tierIncrease by 0.5% from the previous tierMax. leverage of the tier
      SUIUSDT Perpetual13,5000.65%1.33%7515,0000.65%1.33%75
      210,0001.00%2.00%5030,0001.00%2.00%50
      335,0001.20%2.50%4060,0001.20%2.50%40
      4Increase by 35,000 conts from the previous tierIncrease by 0.5% from the previous tierIncrease by 0.5% from the previous tierMax. leverage of the tierIncrease by 60,000 conts from the previous tierIncrease by 0.5% from the previous tierIncrease by 0.5% from the previous tierMax. leverage of the tier

      Learn more: Position tiers


      Risk disclaimer
      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
      May 5, 2023 (UTC)

      Read the original article at okex

      Stay tuned to CoinCarp Social Media and Discuss with Us:

      X (Twitter) | Telegram  | Reddit

      Download CoinCarp App Now: https://www.coincarp.com/app/


      Trending Coins and Tokens

      Bitcoin SV's Logo
      $15.33
      7.07%
      Internet Computer's Logo
      $2.68
      6.17%
      Banana For Scale's Logo
      BANANAS31
      $0.008163
      15.20%
      Ronin Network's Logo
      $0.103
      14.15%
      Compound's Logo
      COMP
      $18.08
      7.60%