Introduction
OKX has announced the launch of SIGN/USDT perpetual contracts starting April 28, 2025, at 7:30 PM (UTC+8). This expansion enhances trading opportunities for users across web, mobile, and API platforms.
Key Details
1. Trading Schedule
- Listing Time: April 28, 2025, 7:30 PM (UTC+8).
2. Contract Specifications
| Contract Parameter | Details |
|---|---|
| Underlying Asset | SIGN/USDT Index |
| Settlement Currency | USDT |
| Face Value | 100 SIGN |
| Price Quotation | USDT price per 1 SIGN |
| Minimum Price Movement | 0.00001 |
| Leverage | 0.01–20x |
| Funding Rate Formula | Clamped average premium index + adjusted interest rate (see docs) |
| Funding Interval | Every 4 hours |
| Trading Hours | 24/7 |
Note: Initial funding rate cap is 0.5% until April 29, 2025, 00:00 (UTC+8), reverting to 1.5% thereafter. Rates may adjust based on market conditions.
3. About SIGN
Sign is an on-chain verification infrastructure facilitating cross-border validation of legal identities, digital contracts, and token ownership. Its flagship product, TokenTable, supports token airdrops, vesting, and OTC trades.
FAQ
Q1: What is SIGN used for?
A1: SIGN enables secure validation of digital assets and identities, primarily through TokenTable.
Q2: What leverage is available for SIGN contracts?
A2: Users can select 0.01–20x leverage.
Q3: How often are funding fees calculated?
A3: Fees are settled every 4 hours.
Conclusion
OKX remains committed to delivering innovative products like SIGN perpetual contracts.
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### Key Adjustments:
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