OKX to list perpetual futures for SOLV crypto
We are pleased to announce that USDT-margined perpetual futures for SOLV will be enabled at 10:15 am UTC on January 17, 2025.
The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
SOLV/USDT perpetual futures trading will open at 10:15 am UTC on January 17, 2025.
II. Perpetual futures trading
SOLV perpetual futures:
Solv is a decentralized Bitcoin staking protocol that unlocks the full potential of Bitcoin assets through liquidity consensus infrastructure. By addressing issues such as fragmentation of BTC assets, yield opportunities, and custody solutions, Solv provides a gateway to BTCFi for Bitcoin holders.
Asset name: SOLV Protocol
Ticker: SOLV
Website: https://solv.finance/
Twitter: https://x.com/SolvProtocol/
Features | Details |
Underlying | SOLV/USDT index |
Settlement crypto | USDT |
Face value | 100 |
Price quotation | 1 SOLV value calculated in USDT equivalent |
Tick size | 0.000001 |
Leverage | 0.01-50x |
Funding fee | Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -1.5%, 1.5%), Interest = 0 Note: Funding fees are received and deducted based on the current period. |
Funding interval | 4 hours |
Trading hours | 24/7 |
Note: To avoid unreasonable fees arising from significant premium fluctuations of newly launched futures, the upper limit of the funding fee before 4:00 pm UTC on January 17, 2025 is 0.03%. After 4:00 pm UTC on January 17, 2025, the upper limit of the predicted funding fee will be adjusted back to normal 1.50%. (The funding fee for this period will be charged at 8:00 pm UTC on January 17, 2025.)
The price limit rules of SOLV USDT-margined perpetual futures trading are the same as those of other currencies. Please refer to our perpetual futures trading guides for further details.
USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement
OKX team
January 16, 2025