We’re excited to share that CELO and GALA margin trading, savings, and USDT-margined perpetual swaps will launch at 10:00 am UTC on September 24. This update applies to OKX’s web, app, and API interfaces.
Key Features
Margin Trading & Savings
Spot Margin Pairs:
- CELO/USDT
- GALA/USDT
- Tiered Margin Ratios:
Refer to Margin Borrowing Position Tiers post-launch for details. - Savings Limits:
Review the Savings Business Rules for eligibility and caps.
Perpetual Swap Listings
CELO/USDT Perpetual Swap
| Feature | Details |
|---|---|
| Underlying | CELO/USDT Index |
| Settlement Asset | USDT |
| Face Value | 1 CELO |
| Price Quote | USDT value per CELO |
| Tick Size | 0.0001 |
| Leverage | 0.01–75x |
| Funding Rate Formula | Clamp(MA((midpoint - spot index)/spot index - interest), -0.75%, 0.75%) |
| Trading Hours | 24/7 |
GALA/USDT Perpetual Swap
| Feature | Details |
|---|---|
| Underlying | GALA/USDT Index |
| Face Value | 10 GALA |
| Tick Size | 0.00001 |
| Leverage | 0.01–75x |
👉 Note: Funding rate caps are temporarily reduced to 0.03% until 4:00 pm UTC on September 24 to mitigate premium volatility. Post this time, rates revert to the standard 0.75% limit.
For full trading rules, consult the OKX Perpetual Swap Guide.
FAQ
1. What time do CELO/GALA perpetual swaps start trading?
Trading begins at 10:00 am UTC on September 24.
2. Are there leverage limits for these perpetual swaps?
Yes, leverage ranges from 0.01x to 75x for both CELO and GALA contracts.
3. Where can I check margin tier details?
Visit OKX’s Margin Tiers page post-launch.
4. Why is the funding rate cap lowered initially?
To prevent excessive charges due to price volatility during the first trading hours.
5. How do I contact OKX for support?
Join the OKX Telegram or submit a request via the Support Center.
_Risk Disclosure_: Digital asset trading carries high risk. Ensure you understand the market dynamics and consult financial advisors if needed.
👉 Trade CELO and GALA on OKX
👉 Explore OKX’s Advanced Trading Tools