OKX to list perpetual futures for VIRTUAL, SUNDOG crypto
We are pleased to announce that USDT-margined perpetual futures for VIRTUAL, SUNDOG will be enabled at 10:00 am - 10:15 am UTC on December 11, 2024.
The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
VIRTUAL/USDT perpetual futures trading will open at 10:00 am UTC on December 11, 2024.
SUNDOG/USDT perpetual futures trading will open at 10:15 am UTC on December 11, 2024.
II. Perpetual futures trading
VIRTUALUSDT perpetual futures:
Virtuals Protocol is developing a co-ownership layer for autonomous AI agents, providing users with a platform to create their own AI agents by launching a new token or using an existing one.
Asset name: Virtuals Protocol
Ticker: VIRTUAL
Website: https://app.virtuals.io/
Twitter: https://x.com/virtuals_io
Features | Details |
Underlying | VIRTUAL/USDT index |
Settlement crypto | USDT |
Face value | 1 |
Price quotation | 1 VIRTUAL value calculated in USDT equivalent |
Tick size | 0.0001 |
Leverage | 0.01-50x |
Funding fee | Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Funding interval | 4 hours |
Trading hours | 24/7 |
SUNDOGUSDT perpetual futures:
Sundog is the iconic dog token for Tron
Asset name: Sundog
Ticker: SUNDOG
Website: https://www.sundog.meme/
Twitter: https://x.com/SUNDOG_TRX
Features | Details |
Underlying | SUNDOG/USDT index |
Settlement crypto | USDT |
Face value | 10 |
Price quotation | 1 SUNDOG value calculated in USDT equivalent |
Tick size | 0.0001 |
Leverage | 0.01-50x |
Funding fee | Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Funding interval | 4 hours |
Trading hours | 24/7 |
Note: To avoid unreasonable fees arising from significant premium fluctuations of newly launched futures, the upper limit of the funding fee before 4:00 pm UTC on December 11, 2024 is 0.03%. After 4:00 pm UTC on December 11, 2024, 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 December 11, 2024.)
The price limit rules of VIRTUAL, SUNDOG 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
December 11, 2024