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USDⓈ contract FAQ
What is the USDⓈ futures? USDⓈ futures allow users in supported regions to choose USD, USDC, or USDG as the settlement currency, enjoying unified liquidity and stablecoin returns. How do I use the USDⓈ futures? Consistent with the existing futures transaction process: Select Trade > USDⓈ-margined (eg. BTCUSD UM perpetual swap). Enter the price and amount, select the order type and place...Published on Oct 17, 2025Updated on Feb 2, 20264USD-margined futures contracts FAQ
We're introducing all-new USD-margined futures, while allowing users to select their preferred settlement currency. All trading liquidity is consolidated into USD unified order book for a seamless trading experience. USD-margined futures are expressed as XXX/USD UM.What settlement currencies are supported? Supported settlement currencies: USD, USDC, and USDG.How do I change the settlement...Published on Oct 13, 2025Updated on Feb 12, 20265OKX contract voucher and usage rules
What's a contract voucher? Contract voucher is a reward type that provides users with a margin for opening a perpetual contract. The funds associated with the voucher are separate from the user's own funds and can't be used at the same time. It is used for a one-time opening of a perpetual contract position.Published on Aug 15, 2023Updated on Mar 16, 2026558How do I apply for the OKX Market Forced Royalty Contract?
Before applying for the OKX Market Forced Royalty Contract, make sure you have: Deploys or upgrades the NFT contract Whitelists the OKX market contract Set up royalty information by connecting your contract administrator wallet to the collection page, and selecting Make collection offer to set the royalty receiving address and collection rate.Published on Jun 18, 2024Updated on Jan 27, 202631Supercharge your supercharts Terms & Conditions
Australia Information about: digital currency exchange services is prepared by OKX Australia Pty Ltd (ABN 22 636 269 040); derivatives and margin by OKX Australia Financial Pty Ltd (ABN 14 145 724 509, AFSL 379035) and is only intended for wholesale clients (within the meaning of the Corporations Act 2001 (Cth)); and other products and services by the relevant OKX entities which offer them (see Terms of Service).Published on Oct 1, 2025Updated on Nov 6, 202528USDG rewards program FAQ
Ltd. (PDS) and designed to comply with the Monetary Authority of Singapore (MAS) stablecoin regulatory framework. 2. How do USDG rewards work? With USDG rewards, you can earn up to 3.85% APY simply by holding USDG in your OKX Wallet. Your funds remain fully accessible — you can redeem or move them anytime without penalties. Rewards are designed to help users grow their digital dollar holdings passively and securely.Published on Oct 13, 2025Updated on Jan 26, 2026347VIP New Year gift set FAQ
Ltd. ("OKX"). The Promotion starts on 1 January 2026 at 21:00 (UTC+8) and ends on 9 January 2026 at 24:00 (UTC+8)(the "Promotional Period"). By default, users who enter the Promotion page and participate in this Promotion are deemed to have read and understand the terms and conditions of this Promotion. The Promotion is only available to existing OKX VIP users (as of 1 January 2026 at 21:00 (UTC+8)) who meet the requirements set out in these terms and conditions ("Eligible Users").Published on Dec 19, 2025Updated on Mar 3, 2026240OKX x McLaren NFT Sweepstakes Terms & Conditions
Ltd., 12 Marina Boulevard, #36-01/02 Marina Bay Financial Centre, Singapore 018982.Published on Apr 25, 2024Updated on Sep 8, 2025607How do I calculate the average fill price?
= Number of contracts at Execution price 1 + Number of futures contracts at Execution price 2 + ......Term explanation: Contract size: The contract size refers to the nominal value of the underlying asset represented by one contract.Published on Mar 20, 2023Updated on Jan 30, 202610What are crypto-margined futures and USDT-margined futures? What are the differences?
Short position comparison Assuming 1 USDT ≈ 1 USD, when the price of BTC is $10,000: Crypto-margined perpetual futures: Use 0.1 BTC with 10x leverage to short 1 BTC, which is 100 contracts (contract size: $100 per contract). USDT-margined contract (linear contract): Use 1,000 USDT with 10x leverage to short 1 BTC, which is 100 contracts (contract size 0.01 BTC per contract).Published on Mar 20, 2023Updated on Mar 10, 2026198What's Options trading?
Please note contract multiplier of the perpetual swaps/futures are all 1, and it is contract value that is used to adjust the value of 1 contract of perpetual swaps/futures.What are the specifications of Options trading contract? Contract Type Call and Put Exercise Style European options Contract Expirations 1, 2, 3, 4 dailies 1, 2, 3 weeklies 1, 2, 3 monthlies 1, 2, 3 quaterlies of the March, June, September and December cycle.Published on Nov 19, 2024Updated on Feb 9, 202610Trading Fee Rules FAQ
Options Trading fee of options = Min(Fee rate × Multiplier × Contract size × Number of contracts, 7% × Option premium × Multiplier × Contract size × Number of contracts) Take BTCUSD options (Multiplier is 0.01, Contract size is 1 BTC, Option premium is 0.05 BTC) as an example.Published on Mar 22, 2024Updated on Mar 17, 20261,071Perpetual Futures Funding Fee FAQ
The funding fee is a trading fee mechanism for perpetual futures contracts. It is designed to maintain balance between the contract price and the underlying asset price. It is not a fee generated from borrowing funds. The purpose of the funding fee is to balance long and short positions in the perpetual futures market and anchor the contract price to the spot index price. The platform does not charge funding fees.Published on Sep 28, 2023Updated on Feb 28, 2026186How are futures trading fees calculated on OKX?
USDT futures opening fee = Contract value × Number of contracts × Opening price × Fee rate Closing fee is calculated using the same formula, based on the closing quantity and closing price. Example of opening a BTC/USDT futures perpetual: Contract value: 0.01 BTC Quantity: 100 contracts Price: 10,000 USDT Fee tier: Lv.1 Order type: Taker (fully filled) Opening fee calculation: 0.01 × 100 × 10,000 × 0.0005 = 5 USDTWhat is the formula for crypto-margined futures trading fees?Published on Mar 20, 2023Updated on Feb 24, 2026322How is the settlement price determined for expiring futures?
You can refer to the contract name to identify the expiry date. For example, BTCUSD-26SEP25 means the contract expires on September 26, 2025.What's the settlement rules? At expiry, the system calculates the settlement price using the arithmetic average of the underlying index price during the final hour before delivery. All open positions in the expiring contract will be settled at the settlement price. Any resulting profit or loss will be added to your realized PnL.Published on Mar 20, 2023Updated on Feb 2, 202612