Timothy Morano
Nov 05, 2025 18:59
OKX is about to broaden its choices with USDT-margined perpetual futures for DASH and ZEC, accessible from November 6, 2025, enhancing buying and selling choices for customers.
Cryptocurrency change OKX has introduced the introduction of USDT-margined perpetual futures for DASH and Zcash (ZEC), set to go stay on November 6, 2025. This new providing can be accessible by way of the OKX internet and app platforms, in addition to via their API, offering customers with extra buying and selling choices, in line with OKX.
Buying and selling Schedule and Options
The buying and selling of DASH/USDT perpetual futures is scheduled to begin at 3:00 am UTC, adopted by ZEC/USDT at 3:15 am UTC on the identical day. These perpetual futures will permit merchants to leverage their positions as much as 50x, offering a variety of buying and selling methods.
The perpetual futures for each DASH and ZEC can be settled in USDT, with a face worth of 0.01. The value citation can be calculated primarily based on the USDT equal worth of 1 DASH or 1 ZEC, with a tick dimension of 0.01. Buying and selling can be accessible 24/7, providing flexibility for international merchants.
Funding Fee and Payment Construction
The funding fee for these perpetual futures can be decided by a components that features the common premium index and rate of interest, clamped between 1.50% and -1.50%. The funding payment can be settled each 4 hours; nonetheless, ought to the funding fee attain its cap or ground, the settlement interval will robotically regulate to an hourly foundation.
OKX has detailed the specifics of those buying and selling options of their product documentation, which supplies additional insights into the calculation strategies and buying and selling mechanics.
Market Implications
This transfer by OKX to checklist perpetual futures for DASH and ZEC is a part of a broader development amongst cryptocurrency exchanges to supply extra spinoff merchandise. Such choices can probably increase buying and selling quantity and liquidity for the underlying belongings, offering merchants with extra instruments to handle danger and speculate on worth actions.
Because the market continues to mature, exchanges like OKX are more and more diversifying their product choices to cater to the evolving wants of merchants and buyers. The introduction of perpetual futures for DASH and ZEC displays this ongoing enlargement, aiming to draw a broader person base all in favour of leveraging superior buying and selling devices.
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