Dear OKX Users,
OKX is excited to announce the official launch of SUI/USDT leverage trading, savings, and SUIUSDT perpetual contracts across web, mobile app, and API platforms. Below are the detailed specifications:
1. Leverage Trading & Savings
Key Features:
- SUI/USDT Pair: Available for margin trading immediately upon launch.
- Leverage Tiers: Gradient positions apply—refer to Margin Trading Position Tiers post-launch.
- Savings Quotas: Dynamic limits apply; details available via OKX Savings Rules.
2. Perpetual Contracts
Contract Specifications:
| Element | Details |
|---|---|
| Underlying | SUI/USDT Index |
| Settlement Coin | USDT |
| Face Value | 1 SUI |
| Price Quotation | USDT per 1 SUI |
| Tick Size | 0.0001 |
| Leverage | 0.01–75x |
| Funding Rate | Clamp(MA((Mid-Price − Index)/Index − Interest), −0.75%, 0.75%); Interest=0 |
| Trading Hours | 24/7 |
👉 Note: To mitigate volatility during initial launch (until May 5, 2023, 24:00 HKT), funding rate caps are temporarily set at 0.03%, reverting to standard 1.50% thereafter. Actual rates apply from May 6, 16:00 HKT.
For full trading rules (e.g., limit orders), review the Perpetual Swap Agreement.
FAQ Section
Q: What’s the minimum leverage for SUIUSDT contracts?
A: 0.01x, allowing precise risk management.
Q: Are there limits on savings deposits for SUI?
A: Yes, dynamic quotas apply—check the Savings page post-launch.
Q: How often are funding rates calculated?
A: Typically hourly, but subject to clamp adjustments during high volatility.
OKX remains committed to delivering innovative products and exceptional service. Start trading SUI today!
Updated: May 4, 2023 (HKT)
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