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      OKX to list perpetual futures for BR crypto

      OKX's logo OKX

      We are pleased to announce that USDT-margined perpetual futures for BR will be enabled at 8:00 am UTC on March 21, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows:


      I. Listing schedule

      • BR/USDT perpetual futures trading will open at 8:00 am UTC on March 21, 2025.


      II. Perpetual futures trading

      BR perpetual futures:

      Bedrock is a multi-asset liquid restaking protocol, pioneering Bitcoin staking with uniBTC. As the leading BTC liquid staking token, uniBTC enables holders to earn rewards while maintaining liquidity—unlocking new yield opportunities in Bitcoin’s $1T market. With its cutting-edge approach to BTCFi 2.0, Bedrock is redefining Bitcoin’s role in DeFi.

      • Asset name: Bedrock

      • Ticker: BR

      • Website: https://www.bedrock.technology/

      • Twitter: https://x.com/Bedrock_DeFi

      Features

      Details

      Underlying

      BR/USDT index

      Settlement crypto

      USDT

      Face value

      10

      Price quotation

      1 BR value calculated in USDT equivalent

      Tick size

      0.0001

      Leverage

      0.01-20x

      Funding fee

      Clamp(MA([(Best bid Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0

      Note: Funding fees are received and deducted based on the current period.

      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 March 21, 2025 is 0.5%. After 4:00 pm UTC on March 21, 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 March 21, 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 BR 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 21, 2025

      Read the original article at

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