Chainwire December 6, 2024 — OKX is set to launch ZKJUSDT perpetual contracts at 5:00 PM UTC+8 on December 6, 2024, across web, mobile app, and API platforms. Margin trading and Easy Earn products for ZKJ will follow at 6:00 PM UTC+8 the same day. Key details include:
I. Margin Trading and Easy Earn
- ZKJ will be available for USDT-margined trading pairs
- Leverage tiers will follow standard platform guidelines (refer to "Margin Borrowing Position Tiers" post-launch)
- Easy Earn quotas will align with OKX Easy Earn Rules
👉 Learn about OKX's competitive margin trading rates
II. Perpetual Contracts
Contract Specifications
| Contract Element | Details |
|---|---|
| Underlying | ZKJ/USDT Index |
| Settlement Currency | USDT |
| Face Value | 1 |
| Price Quotation | USDT price per 1 ZKJ |
| Tick Size | 0.0001 |
| Leverage | 0.01–50x |
| Funding Fee Calculation | Clamp(MA([(mark price - spot index)/spot index - Interest]), ±1.5%) |
| Trading Hours | 24/7 |
Note: During initial launch (until December 7, 00:00 UTC+8), funding rate caps will be temporarily set at 0.03% to ensure stability. Standard 1.5% caps will resume thereafter.
👉 Discover OKX's industry-leading contract trading
FAQ
When does ZKJ margin trading begin?
December 6, 2024 at 6:00 PM UTC+8.
What's the maximum leverage for ZKJ contracts?
50x, subject to position sizing tiers.
Are there special rules for new contracts?
Yes, modified funding rate caps apply during the first 7 hours post-launch.
How does Easy Earn work with ZKJ?
Standard platform rules apply — check "Easy Earn" section for product-specific details.
OKX remains committed to delivering exceptional trading products and services to our global user base.