Starting January 21, 2025, OKX officially introduces the SUSDT perpetual contract across its web, mobile app, and API platforms. This is followed by the launch of S leverage trading and Simple Earn services for the S token on January 22, 2025, marking a significant expansion in trading and yield-generating opportunities for users. These new offerings enhance flexibility for traders and investors seeking exposure to the S ecosystem through advanced financial tools.
This update reflects OKX’s ongoing commitment to delivering innovative crypto products that align with market demand and user needs. Whether you're an active trader or a long-term holder, these features open up new strategic possibilities—from amplified market exposure via leverage to passive income generation.
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Leverage Trading & Simple Earn for S/USDT
Leverage trading enables users to amplify their positions using borrowed funds, increasing both potential returns and risks. Starting January 22, 2025, at 12:00 PM (UTC+8), OKX will support S/USDT margin trading, allowing users to go long or short on S with up to 50x leverage depending on position size and account tier.
Key Features of S Leverage Trading
- Supported Pair: S/USDT
- Borrowing & Lending: Users can borrow USDT or S to open leveraged positions.
- Tiered Margin System: Risk management is enhanced through a gradient-based tier system that adjusts maximum borrowable amounts based on user level and collateral.
- Dynamic Liquidation Protection: Advanced risk controls help minimize forced liquidations during high volatility.
For full details on borrowing limits, maintenance margins, and tier requirements, users are encouraged to review the platform’s updated margin guidelines post-launch.
👉 Learn how tiered margin systems improve trading safety and efficiency
The same day also sees the rollout of Simple Earn for S, a user-friendly way to generate passive income by staking S tokens. This service allows holders to earn competitive annual percentage yields (APY) without actively trading or managing complex DeFi protocols.
Simple Earn: Passive Income Made Accessible
- Flexible & Locked Options: Choose between flexible-term deposits for liquidity or fixed-term locks for higher yields.
- Auto-Compounding (where applicable): Maximize returns with interest reinvestment.
- Low Entry Threshold: Designed for all user levels, from beginners to experienced investors.
Users can monitor available APY rates and subscription limits directly within the Simple Earn dashboard after launch. This integration makes it easier than ever to monetize idle assets while maintaining exposure to S’s price performance.
SUSDT Perpetual Contract Launch
Perpetual contracts are among the most popular instruments in crypto derivatives trading due to their lack of expiration and built-in funding mechanisms that keep prices aligned with spot markets. The SUSDT perpetual contract launches on January 21, 2025, at 5:00 PM (UTC+8) and comes with a robust set of specifications designed for precision and scalability.
Core Contract Specifications
- Underlying Index: S/USDT
- Settlement Currency: USDT
- Contract Value: 10 USDT per contract
- Price Quotation: Based on the USD price of 1 S token
- Minimum Price Increment (Tick Size): 0.0001 USDT
- Leverage Range: 0.01x to 50x (adjustable based on position size)
- Trading Hours: 7×24 continuous trading
- Funding Interval: Every 4 hours
The tick size ensures granular price movements, enabling scalpers and algorithmic traders to execute precise strategies. With no daily trading halt, global participants can engage at any time, supporting round-the-clock market activity.
Funding Rate Mechanism
To maintain price alignment between the perpetual contract and the underlying spot index, OKX employs a dynamic funding rate formula:
Funding Rate = Clamp(MA[(Bid + Ask)/2 – Spot Index Price] / Spot Index Price – Interest, -1.5%, 1.5%)Where:
Interest= 0%- Funding is paid/received every 4 hours
- "Clamp" ensures rates stay within ±1.5%
Note: During the initial stabilization period—until January 22, 2025, at 00:00 UTC+8—the funding rate cap is limited to ±0.03% to prevent excessive charges due to potential early-market volatility. After this period, it reverts to the standard ±1.5% cap. The first actual funding payment occurs at 04:00 AM UTC+8 on January 22.
All other trading rules—including order types, position limits, and liquidation procedures—align with existing USDT-margined perpetual contracts on OKX, ensuring a consistent user experience.
Frequently Asked Questions (FAQ)
Q: When does the SUSDT perpetual contract go live?
A: The SUSDT perpetual contract launches on January 21, 2025, at 5:00 PM (UTC+8) on all OKX platforms.
Q: Can I use both cross and isolated margin for S leverage trading?
A: Yes, OKX supports both isolated and cross margin modes for S/USDT leverage trading, giving users control over risk allocation.
Q: Is there a minimum amount required to participate in Simple Earn for S?
A: The minimum deposit varies by product type (flexible vs. fixed). Flexible options typically have very low thresholds—often under 1 S—to ensure accessibility.
Q: How often are funding fees charged on the SUSDT perpetual contract?
A: Funding fees are settled every 4 hours—at 00:00, 04:00, 08:00, 12:00, 16:00, and 20:00 UTC+8.
Q: Why is the funding rate capped at 0.03% initially?
A: To protect traders during the launch phase when market premiums may be unstable, the cap is temporarily reduced before returning to the normal ±1.5% range.
Q: Where can I find detailed margin tiers and borrowing rates for S?
A: Visit the official OKX help center after launch for the latest “Margin Borrowing Position Tiers” document under the finance section.
Strategic Advantages of the New Listings
The introduction of S into OKX’s suite of financial products significantly broadens its utility beyond basic spot trading. Traders now have access to:
- Directional Bets with Leverage: Take amplified long or short positions based on market outlook.
- Hedging Capabilities: Use perpetual contracts to hedge spot holdings against downside risk.
- Yield Generation: Earn interest via Simple Earn without selling tokens.
- Arbitrage Opportunities: Exploit pricing differences between spot and futures markets.
These tools collectively empower users to build more sophisticated investment strategies tailored to volatile crypto markets.
As part of OKX’s broader mission to democratize access to digital asset finance, these features are built with security, transparency, and ease-of-use in mind. Regular audits, real-time data feeds, and intuitive UI design ensure even novice users can navigate complex products confidently.
👉 Start building smarter crypto strategies today with powerful integrated tools
Whether you're looking to speculate on short-term price swings or earn steady returns on long-term holdings, OKX’s latest upgrades offer something for every type of crypto participant. Stay informed, manage risk wisely, and make the most of what the evolving digital economy has to offer.
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