We are excited to announce that OKX will enable margin trading and savings for AIDOGE and PEPE on May 3 at 4:00 am UTC. Simultaneously, the platform will list USDT-margined perpetual swaps for both tokens.
These updates will be accessible via the OKX web interface, mobile application, and API services, offering users more flexibility in managing their digital asset strategies.
Margin Trading and Savings Overview
Spot margin trading will be available for the following trading pairs:
- AIDOGE/USDT
- PEPE/USDT
This feature allows traders to borrow funds and increase their potential market exposure.
For detailed information on tiered margin ratios, users can refer to the margin borrowing position tiers documentation available after the official listing. Savings limits and related operational rules will also be provided upon launch in the Business Rules for Savings section.
Perpetual Swap Trading Details
OKX introduces perpetual swap contracts for AIDOGE and PEPE, margined in USDT.
AIDOGE USDT Perpetual Swap Specifications
| Feature | Details |
|---|---|
| Underlying | AIDOGE/USDT Index |
| Settlement asset | USDT |
| Face value | 10,000,000,000 AIDOGE |
| Price quotation | USDT equivalent per 1 AIDOGE |
| Tick size | 0.000000000001 |
| Leverage | 0.01x to 75x |
| Funding rate | Calculated based on index price deviation with a clamp of -0.75% to 0.75% |
| Trading hours | 24/7 |
PEPE USDT Perpetual Swap Specifications
| Feature | Details |
|---|---|
| Underlying | PEPE/USDT Index |
| Settlement asset | USDT |
| Face value | 10,000,000 PEPE |
| Price quotation | USDT equivalent per 1 PEPE |
| Tick size | 0.0000000001 |
| Leverage | 0.01x to 75x |
| Funding rate | Calculated based on index price deviation with a clamp of -0.75% to 0.75% |
| Trading hours | 24/7 |
Important Launch Notes
During the initial launch period, the funding rate premium may exhibit instability. To prevent unreasonable charges, the upper limit for the funding rate will be set at 0.03% until 16:00 UTC on May 3. After this time, the predicted funding rate cap will return to the standard 1.50%. The first funding fee under this adjusted rate will be charged at 08:00 UTC on May 4.
Price limit rules for AIDOGE and PEPE perpetual swap trading align with those established for other digital currencies on the platform. For comprehensive guidance on perpetual swap trading mechanisms and risk management, users can consult the official trading documentation.
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Frequently Asked Questions
What time do AIDOGE and PEPE margin trading go live?
Margin trading and savings for both tokens will begin at 4:00 am UTC on May 3. The perpetual swap listings also go active at the same time.
What leverage is available for the new perpetual swaps?
Traders can access leverage from 0.01x up to 75x for both AIDOGE and PEPE USDT-margined perpetual contracts, allowing for flexible position sizing.
Are there any special considerations for the funding rate at launch?
Yes, to protect users from volatile premiums common with new listings, the funding rate upper limit is temporarily set to 0.03% until 16:00 UTC on May 3. It resets to the standard maximum afterward.
Where can I find detailed rules for margin borrowing?
After the official listing, the Margin Borrowing Position Tiers page on OKX will provide complete information on tiered margin ratios and requirements.
How is the face value for these contracts determined?
The AIDOGE contract has a face value of 10 billion tokens, while the PEPE contract is set at 10 million tokens. This defines the contract size for calculation purposes.
Can I trade these new instruments on mobile?
Yes, the new margin trading, savings, and perpetual swap features for AIDOGE and PEPE will be fully supported on both the OKX website and their mobile app.