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      OKX Akan Menghadirkan Perpetual Untuk Kripto SOPH

      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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