NASSAU,
Bahamas, May 6, 2024 /PRNewswire/ -- OKX, a
leading crypto exchange and Web3 technology company,
has issued updates for May 6,
2024.
OKX Lists ZeroLend's Token on its Perpetual Futures
Market
OKX has listed a USDT-margined ZERO perpetual futures contract
today at 8:30 AM (UTC). Margin
trading and Simple Earn for ZERO will also be enabled on
May 7, 2024 at 4:00 AM (UTC).
ZERO/USDT perpetual futures contract specs:
Features
|
Details
|
Underlying
|
ZERO/USDT
index
|
Settlement
crypto
|
USDT
|
Face value
|
1000
|
Price
quotation
|
1 ZERO value calculated
in USDT equivalent
|
Tick size
|
0.0000001
|
Leverage
|
0.01-50x
|
Funding fee
|
Clamp(MA([(Best bid +
Best offer) / 2 – Spot index price] / Spot index price – Interest),
-0.75%, 0.75%), Interest = 0
Note: Funding fees are
received and deducted based on the current period.
|
Trading
hours
|
24/7
|
ZERO is the token that powers ZeroLend, one of the
fastest-growing multi-chain lending protocols, focusing on Liquid
Restaking Tokens (LRTs), Real-World Assets (RWAs), privacy and
account abstraction.
For more information, please visit the Support Center.
For further information, please contact:
Media@okx.com
About OKX
OKX is a leading global crypto exchange and
innovative Web3 company. Trusted by more than 50 million global
users, OKX is known for being one of the fastest and most reliable
crypto apps in the world.
To learn more about OKX, download our app or
visit: okx.com
Disclaimer
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SOURCE OKX