OKX to list perpetual futures for NXPC, LAUNCHCOIN, MUBARAK crypto

We are pleased to announce that USDT-margined perpetual futures for NXPC, LAUNCHCOIN, MUBARAK will be enabled at 10:00~10:30 am UTC on June 3, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows:

I. Listing schedule

NXPC/USDT perpetual futures trading will open at 10:00 am UTC on June 3, 2025.
LAUNCHCOIN/USDT perpetual futures trading will open at 10:15 am UTC on June 3, 2025.
MUBARAK/USDT perpetual futures trading will open at 10:30 am UTC on June 3, 2025.

II. Perpetual futures trading

NXPC perpetual futures:

NEXPACE (NXPC) is a blockchain gaming project launched by Nexon. Based on the MapleStory universe, it creates a decentralized gaming ecosystem where players own assets through NXPC tokens and NFT.

Full English Name: NEXPACE
Abbreviation: NXPC
Official Website: https://msu.io/
Twitter: https://x.com/MaplestoryU

Features	Details
Underlying	NXPC/USDT index
Settlement crypto	USDT
Face value	1
Price quotation	1 NXPC value calculated in USDT equivalent
Tick size	0.001
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 fee settlement interval	4 hours
Trading hours	24/7

LAUNCHCOIN perpetual futures:

Launch Coin on Believe (LAUNCHCOIN) is a token launched on Believe, a platform allows users to create and launch tokens by posting on X, specifying a token name and ticker.

Full English Name: Launch Coin on Believe
Abbreviation: LAUNCHCOIN
Official Website: https://believe.app/
Twitter: https://x.com/launchcoin

Features	Details
Underlying	LAUNCHCOIN/USDT index
Settlement crypto	USDT
Face value	10
Price quotation	1 LAUNCHCOIN value calculated in USDT equivalent
Tick size	0.0001
Leverage	0.01-20x
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 fee settlement interval	4 hours
Trading hours	24/7

MUBARAK perpetual futures:

MUBARAK is a meme coin tied to the Arabic word "Mubarak".

Full English Name: Mubarak
Abbreviation: MUBARAK
Official Website: https://www.mubarak-cto.com/
Twitter: https://x.com/mubarak_cto

Features	Details
Underlying	MUBARAK/USDT index
Settlement crypto	USDT
Face value	100
Price quotation	1 MUBARAK 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 fee settlement 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 June 3, 2025 is 0.5%. After 4:00 pm UTC on June 3, 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 June 3, 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 NXPC, LAUNCHCOIN, MUBARAK 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

June 3, 2025

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