OKX to list perpetual futures for SOON crypto

We are pleased to announce that USDT-margined perpetual futures for SOON will be enabled at 11:30 am UTC on May 23, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows:

I. Listing schedule

• SOON/USDT perpetual futures trading will open at 11:30 am UTC on May 23, 2025.

II. Perpetual futures trading

SOON is a high-performance Layer 2 rollup stack that harnesses a decoupled Solana Virtual Machine to deliver high TPS, enabling scalable, user-focused Web3 applications across multiple blockchains.

• Full English Name: SOON

• Abbreviation: SOON

• Official Website: https://soo.network/

• Twitter: https://x.com/soon_svm

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 23, 2025 is 0.5%. After 4:00 pm UTC on May 23, 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 23, 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 SOON 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 23, 2025