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      OKX Akan Menghadirkan Perpetual Futures Untuk Kripto SOON

      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

      Features

      Details

      Underlying

      SOON/USDT index

      Settlement crypto

      USDT

      Face value

      10

      Price quotation

      1 SOON 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 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

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