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OKX to list perpetual futures for WAL, NIL, PLUME crypto
We are pleased to announce that USDT-margined perpetual futures for WAL, NIL, PLUME will be enabled between 7:00 am to 7:30 am UTC on May 8, 2025.
The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
WAL/USDT perpetual futures trading will open at 7:00 am UTC on May 8, 2025.
NIL/USDT perpetual futures trading will open at 7:15 am UTC on May 8, 2025.
PLUME/USDT perpetual futures trading will open at 7:30 am UTC on May 8, 2025.
II. Perpetual futures trading
WAL perpetual futures:Walrus is a decentralized data storage network for data and rich media content such as large text files, videos, images, and audio.
Full English Name: Walrus
Abbreviation: WAL
Official Website: https://www.walrus.xyz/
Twitter: https://x.com/walrusprotocol
Features | Details |
Underlying | WAL/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 WAL 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 |
NIL perpetual futures:
Nillion is a permissionless network that secures decentralised data storage and computation for Al and blockchains.
Full English Name: Nillion
Abbreviation: NIL
Official Website: https://nillion.com/
Twitter: https://x.com/nillionnetwork
Features | Details |
Underlying | NIL/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 NIL value calculated in USDT equivalent |
Tick size | 0.0001 |
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 |
PLUME perpetual futures:
Plume is a public, EVM-compatible blockchain optimised for the adoption and demand-driven integration of real world assets.
Full English Name: Plume
Abbreviation: PLUME
Official Website: https://plume.org/
Twitter: https://x.com/plumenetwork
Features | Details |
Underlying | PLUME/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 PLUME 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 |
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 8, 2025 is 0.5%. After 4:00 pm UTC on May 8, 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 8, 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 WAL, NIL, PLUME 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 8, 2025
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