The cryptocurrency landscape continues to evolve, with innovative tokens like 1INCH gaining momentum in the decentralized finance (DeFi) space. To meet growing user demand, OKX has officially launched support for 1INCH across multiple trading and investment products. This expansion includes 1INCHUSDT perpetual contracts, margin trading, and savings options via the crypto savings platform—all designed to offer users greater flexibility and opportunities in managing their digital assets.
These new features are now live on OKX’s web platform, mobile app, and API interface, empowering traders and investors with advanced tools to engage with the 1INCH token more effectively.
📈 1INCH Margin Trading & Savings Now Live
Starting December 25, 2020, at 11:00 HKT, OKX introduced comprehensive support for 1INCH margin trading and savings services, enabling users to leverage their positions and earn passive income from idle holdings.
Key Features:
- Supported Trading Pair: 1INCH/USDT margin trading is now available.
- Flexible Leverage Tiers: Users can access various leverage levels based on account tier and risk parameters. Specific borrowing limits and position tiers are dynamically adjusted and viewable directly within the platform after login.
- Crypto Savings with 1INCH: Holders can deposit 1INCH into the savings program to earn competitive yields. Interest accrues daily, providing a simple way to grow assets without active trading.
This multi-product integration underscores OKX’s commitment to delivering holistic financial solutions that align with modern crypto user behavior—combining trading power with wealth-building tools.
👉 Discover how to maximize your crypto potential with advanced trading and savings options.
🔁 What Is 1INCH?
Before diving into the trading mechanics, it’s important to understand what 1INCH represents. The 1INCH token is the native utility token of the 1inch Network, a leading decentralized exchange (DEX) aggregator that optimizes swap routes across multiple platforms to ensure users get the best possible prices with minimal slippage.
As DeFi adoption grows, so does the relevance of protocols like 1inch—making tokens such as 1INCH increasingly attractive for both short-term traders and long-term investors.
📊 1INCHUSDT Perpetual Contracts: Full Specifications
At 10:30 HKT on December 25, 2020, OKX launched the 1INCHUSDT perpetual contract, offering traders a powerful instrument to speculate on price movements without expiration constraints.
Contract Overview:
- Underlying Asset: 1INCH/USDT Index
- Settlement Currency: USDT
- Contract Size: 1 contract = 1 INCH
- Price Quotation: Based on the USDT value of one 1INCH
- Minimum Price Movement (Tick Size): 0.001 USDT
- Leverage Range: From 0.01x up to 75x (adjustable based on position size and risk controls)
- Trading Hours: 24/7, every day of the week
- Settlement Time: Daily at 16:00 HKT
Funding Rate Mechanism
To maintain price alignment between the perpetual contract and the underlying spot market, OKX employs a funding rate system:
Funding Rate = Clamp(MA(((Bid + Ask)/2 – Index Price)/Index Price – Interest), –0.75%, 0.75%)
Where Interest = 0
This means the funding rate is smoothed using a moving average and capped between –0.75% and +0.75%, preventing extreme volatility in financing costs.
Special Note on Initial Funding Rate Cap
Due to potential premium instability during launch:
- Until 24:00 HKT on December 25, 2020, the maximum funding rate was limited to 0.03%.
- After that time, the cap reverted to the standard ±0.75%, with the first actual charge applied at 16:00 HKT on December 26.
All other trading rules—including order types, liquidation mechanisms, and insurance funds—align with existing USDT-margined perpetual contracts on OKX.
👉 Start trading 1INCHUSDT perpetuals with high leverage and low fees today.
💸 Zero-Fee Promotion for Perpetual Traders
To encourage early participation and enhance trading liquidity, OKX rolled out a special zero-fee trading promotion for the 1INCHUSDT perpetual contract.
Promotion Details:
- Duration: One month from launch
- Applicable To: All users (both regular and professional)
Fee Structure:
- Maker Fee: 0.00%
- Taker Fee: 0.00%
- Important Note: Trading volume generated in this zero-fee zone will not count toward tier level upgrades or VIP status progression.
This limited-time offer allows traders to execute high-frequency or large-volume strategies without cost friction—ideal for testing strategies or scaling positions during volatile market conditions.
🔍 Why Trade 1INCH on OKX?
Integrating a fast-growing DeFi token like 1INCH into a robust exchange ecosystem offers several advantages:
- Deep Liquidity: Access tight spreads and fast execution thanks to OKX’s high-order book depth.
- Advanced Tools: Use grid bots, trailing stops, and conditional orders to automate your strategy.
- Security & Reliability: Benefit from institutional-grade security protocols and real-time risk monitoring.
- Multi-Platform Access: Trade seamlessly via desktop, mobile app, or API—perfect for algo traders and mobile users alike.
Whether you're hedging exposure, speculating on price action, or earning yield through savings programs, OKX provides an all-in-one environment tailored to modern crypto needs.
❓ Frequently Asked Questions (FAQ)
Q1: When did 1INCH margin trading go live?
A: 1INCH margin trading became available on December 25, 2020, at 11:00 HKT on OKX’s web, mobile, and API platforms.
Q2: Can I use leverage when buying 1INCH?
A: Yes. With margin trading enabled, users can borrow funds to open leveraged positions on the 1INCH/USDT pair. Leverage tiers vary based on account level and collateral.
Q3: Is there a fee to trade the 1INCHUSDT perpetual contract?
A: For the first month after launch, both maker and taker fees were set to 0.00%. After the promotional period ends, standard fees apply based on your VIP tier.
Q4: How is the funding rate calculated for 1INCHUSDT?
A: It's based on the difference between the mid-price of the contract and the spot index price, smoothed by a moving average and clamped between –0.75% and +0.75%.
Q5: Does staking 1INCH in savings affect my ability to trade it?
A: No. However, funds deposited into the savings program are locked for the duration of the term. You can withdraw after maturity to regain full trading access.
Q6: Are there risks involved in trading perpetual contracts?
A: Yes. High leverage can amplify gains but also increase losses. Always use risk management tools like stop-loss orders and position sizing to protect your capital.
Final Thoughts
The addition of 1INCH to OKX’s suite of products marks a strategic move toward deeper integration of DeFi assets into mainstream trading ecosystems. By offering perpetual contracts, margin trading, and savings support, OKX empowers users with versatile tools to engage with one of the most innovative projects in decentralized finance.
As blockchain technology advances, platforms that combine ease of use with powerful functionality will lead the next wave of adoption. With continuous innovation and user-first design, OKX remains at the forefront of this transformation.
👉 Join millions of traders accessing cutting-edge crypto tools and opportunities today.