OKX adjusts position tiers for DOGEUSDT perpetual swap
Dear valued customers,
In order to improve market liquidity and mitigate risks, OKX will adjust the position tiers for DOGEUSDT perpetual swap at 13:30 (UTC) on Jan 29,2021(UTC).
Specific adjustment details are as follows:
Before-adjusted tiers of DOGEUSDT perpetual contract:
|
Tier |
Min. amount (Cont) |
Max. amount (Cont) |
Maintenance margin ratio |
Min. initial margin ratio |
Max. leverage |
|
1 |
0 |
500 |
1.00% |
1.30% |
75.00 |
|
2 |
501 |
1,200 |
1.50% |
2.00% |
50.00 |
|
3 |
1,201 |
5,000 |
2.00% |
5.00% |
20.00 |
|
4 |
5,001 |
10,000 |
2.50% |
5.50% |
18.18 |
|
5and above |
Increase by 5,000 conts from the previous tier |
Increase by 5,000 conts from the previous tier |
Increase by 0.5 % from the previous tier |
Increase by 0.5 % from the previous tier |
Max. leverage of the tier |
Adjusted tiers of DOGEUSDT perpetual contract:
|
Tier |
Min. amount (Cont) |
Max. amount (Cont) |
Maintenance margin ratio |
Min. initial margin ratio |
Max. leverage |
|
1 |
0 |
200 |
1.00% |
1.30% |
75.00 |
|
2 |
201 |
500 |
1.50% |
2.00% |
50.00 |
|
3 |
501 |
2,000 |
2.00% |
5.00% |
20.00 |
|
4 |
2,001 |
4,000 |
2.50% |
5.50% |
18.18 |
|
5and above |
Increase by 2,000 conts from the previous tier |
Increase by 2,000 conts from the previous tier |
Increase by 0.5 % from the previous tier |
Increase by 0.5 % from the previous tier |
Max. leverage of the tier |
Risk disclaimer
Users' maintenance margin ratio may increase because of tier adjustments and market volatility. To prevent forced liquidations caused by these adjustments, users are encouraged to decrease leverage by either increasing margins or closing positions.
For any inquiries regarding this adjustment, please feel free to contact us in the OKX Telegram group or via the Support Center.
OKX
Jan.29, 2021(UTC)
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