OKX Introduces USDT-Margined Perpetual Futures for SAPIEN
Alvin Lang Nov 07, 2025 04:17
OKX has announced the launch of USDT-margined perpetual futures for the SAPIEN token, enhancing trading options with leverage up to 50x.
OKX, a prominent cryptocurrency exchange, has announced the introduction of USDT-margined perpetual futures for the SAPIEN token, effective November 6, 2025. This new offering is set to expand trading options for users, according to OKX.
Details of the SAPIEN Perpetual Futures
The perpetual futures for SAPIEN will be accessible through OKX's web, app, and API interfaces. These futures are based on the SAPIEN/USDT index, with settlements conducted in USDT. Traders will benefit from a leverage range of 0.01x to 50x, allowing for flexible investment strategies.
The price quotation for these futures will be calculated based on the equivalent value of one SAPIEN in USDT. The trading platform will maintain a 24/7 trading schedule, offering continuous trading opportunities for users.
Funding Rate and Fees
The funding rate for SAPIEN perpetual futures is determined by a formula that includes the average premium index and interest rates. OKX has set a funding rate cap and floor between 1.50% and -1.50%. The funding fee settlement interval is initially set at four hours but may adjust to hourly if the funding rate reaches the cap or floor, ensuring stability in fee calculations.
For more detailed information on the funding fee structure, traders are encouraged to consult OKX's product documentation.
Availability and Regional Access
These new trading instruments will be available to users in specific regions, notably Seychelles and the Bahamas. The availability of these futures may vary based on the user's account region and verification status.
OKX's move to list perpetual futures for SAPIEN enhances the trading capabilities on its platform, reflecting the growing demand for diverse financial instruments in the cryptocurrency market.
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