OKX to list perpetual for SOPH crypto

We are pleased to announce that USDT-margined perpetual futures for SOPH will be enabled at 1:30 pm UTC on May 28, 2025.

This update covers both the web and app interfaces as well as the API. The details are as follows:

Perpetual futures trading

Features	Details
Underlying	SOPH/USDT index
Settlement crypto	USDT
Face value	100
Price quotation	1 SOPH 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 28, 2025 is 0.5%. After 4:00 pm UTC on May 28, 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 28, 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 SOPH 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 28, 2025

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