Starting November 3, 2022, at 15:00 HKT, OKX officially launched USTC/USDT leveraged trading, USTC savings products, and the USTCUSDT perpetual contract across its web platform, mobile app, and API. These new features expand trading flexibility and investment opportunities for users interested in USTC, offering enhanced financial tools for both short-term traders and long-term holders.
This update marks a significant step forward in OKX’s mission to provide comprehensive, innovative crypto services with deep liquidity and user-centric design. Whether you're exploring margin trading for amplified exposure or seeking yield through savings products, the integration of USTC across multiple financial instruments opens new strategic possibilities.
Leveraged Trading and Savings: Expanded Access to USTC
USTC/USDT Margin Trading Now Available
OKX has enabled USTC/USDT leveraged trading, allowing users to trade with borrowed funds to increase their market exposure. This feature supports flexible strategies such as shorting during downturns or amplifying long positions when bullish.
Key benefits of USTC margin trading:
- Flexible leverage: Users can adjust leverage based on risk tolerance and market conditions.
- Cross and isolated margin options: Choose between cross-margin (using entire account balance as collateral) or isolated margin (limiting risk to a specific position).
- Low minimum entry: Designed to be accessible for both retail and experienced traders.
With deep order book liquidity and tight spreads, traders can execute entries and exits efficiently—critical in volatile markets.
👉 Discover how leveraged trading can enhance your strategy with real-time tools and competitive rates.
Earn Passive Income with USTC Savings (Flexible & Fixed Terms)
In addition to trading, OKX now offers USTC savings products through its popular “Yubi Bao”-style yield program—allowing users to earn interest on idle USTC holdings.
Users can choose between:
- Flexible savings: Instant withdrawal with daily interest accrual.
- Fixed-term deposits: Higher APY for locked-up periods, ideal for long-term holders.
This feature transforms static assets into income-generating tools, aligning with broader trends in decentralized finance (DeFi) where capital efficiency is key. By integrating USTC into its savings ecosystem, OKX enhances utility and encourages broader adoption of the token.
USTCUSDT Perpetual Contract: Advanced Derivatives for Active Traders
Contract Overview
The USTCUSDT perpetual contract is now live, providing traders with a powerful instrument for speculation, hedging, and arbitrage without expiration constraints.
Below are the core specifications:
Contract Details
- Underlying Index: USTC/USDT
- Settlement Currency: USDT
- Contract Size: 100 USTC per contract
- Price Quotation: Based on the USDT price of 1 USTC
- Tick Size: 0.00001 USDT
- Leverage Range: 0.01x to 75x (adjustable in real time)
- Funding Rate Mechanism:
Clamp(MA(((Bid + Ask)/2 - Spot Index Price) / Spot Index Price - Interest), -0.75%, 0.75%)
Where Interest = 0 - Trading Hours: 24/7, including weekends and holidays
Funding Rate Adjustment During Launch Phase
Due to potential market volatility during initial listing, special funding rate limits were applied temporarily:
- From launch until November 3, 2022, 24:00 HKT: Maximum funding rate capped at +0.03%
- After November 3, 24:00 HKT: Cap increased to normal level of +1.50%
- The first actual funding payment occurred at November 4, 16:00 HKT
This safeguard helped stabilize early market dynamics and prevented unfair fee imbalances between longs and shorts during the price discovery phase.
All other trading rules—including position limits, liquidation mechanisms, insurance funds, and fee structures—align with OKX's standard perpetual contract framework for consistency and predictability.
👉 Access advanced derivatives tools with deep liquidity and precise risk controls.
Why This Matters: Strategic Benefits for Traders and Investors
The introduction of multiple product types around USTC reflects growing demand for diversified exposure to emerging digital assets. Here’s why this expansion matters:
1. Enhanced Market Liquidity
By supporting spot, margin, savings, and futures markets simultaneously, OKX fosters tighter bid-ask spreads and more efficient price discovery.
2. Risk Management Flexibility
Hedgers can now use perpetual contracts to offset spot or margin exposure. For example, a user holding USTC can short the futures contract to lock in value during uncertain periods.
3. Yield Generation Beyond Staking
Not all tokens support on-chain staking. With savings products, users gain an alternative way to generate returns—even for non-stakable assets like USTC.
4. Scalable Trading Strategies
High leverage (up to 75x) enables sophisticated strategies such as scalping, arbitrage, and macro speculation—especially valuable in high-volatility environments.
Frequently Asked Questions (FAQ)
Q: What is the difference between isolated and cross margin in USTC/USDT trading?
A: Isolated margin assigns a fixed amount of collateral to a position, limiting maximum loss to that amount. Cross margin uses the entire account balance as collateral, reducing liquidation risk but exposing more funds.
Q: Can I withdraw my USTC while it’s in a savings plan?
A: For flexible savings, yes—withdrawals are instant. For fixed-term plans, funds must mature before withdrawal unless an early redemption option is available (subject to fees).
Q: How often is the funding rate charged on the USTCUSDT perpetual contract?
A: Funding is exchanged every 8 hours (at 04:00, 12:00, and 20:00 HKT). Longs pay shorts or vice versa depending on the rate sign.
Q: Is there a minimum trade size for the USTCUSDT perpetual contract?
A: Yes. Since each contract represents 100 USTC, the minimum trade depends on the current market price and exchange requirements—typically accessible even for small accounts.
Q: Are there any special fees for early adopters of USTC products?
A: OKX often runs promotional fee schedules during new listings. Check the trading interface for up-to-date maker/taker fee tiers.
👉 Start trading with confidence using real-time analytics and low-latency execution.
Final Thoughts
The launch of USTC/USDT leveraged trading, savings options, and the USTCUSDT perpetual contract underscores OKX’s commitment to delivering a full-suite financial experience for digital assets. From passive income seekers to active derivatives traders, these tools empower users with greater control over their crypto portfolios.
As market infrastructure continues to evolve, platforms that integrate trading, saving, and leverage under one roof will lead the next wave of adoption. With robust security, transparent mechanics, and user-first design, OKX remains at the forefront of innovation in the crypto economy.
Stay informed, manage risk wisely, and make the most of every market cycle.
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