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OKX launches USDT-margined perpetual futures for selected stocks on June 24, 2026

OKX launches USDT-margined perpetual futures for selected stocks on June 24, 2026

Six stock-linked perpetual futures, including ZHIPU, MINIMAX, SONY and SMCI, are being rolled out in stages across OKX’s web platform, app and API with 24/7 trading and USDT settlement.

USDT

Fact Check
The official OKX announcement page directly confirms ARXUSD UM (X-Perp) opening at 14:30 UTC+8 and UBUSD UM (X-Perp) at 14:45 UTC+8 on June 24, 2026 — exactly the 15-minute stagger described in the claim. The odaily newsflash corroborates that trading begins across web, app and API and cites the same OKX page. All key facts (contract type, both tickers, date, staggered timing, platforms) match.
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Summary

OKX said it will enable USDT-margined perpetual futures for selected stocks from 07:00 UTC on June 24, 2026 across its web platform, app and API. The rollout begins with ZHIPU/USDT at 07:00 UTC and MINIMAX/USDT at 07:15 UTC, followed by UVXY/USDT at 09:00 UTC, KORU/USDT at 09:15 UTC, SONY/USDT at 09:30 UTC and SMCI/USDT at 09:45 UTC. The products are settled in USDT, trade 24/7 and use an eight-hour funding fee settlement interval, although settlement can shift to hourly if the funding rate reaches its cap or floor. The launch expands OKX’s lineup of perpetual futures tied to stock-related instruments.

Terms & Concepts
  • Perpetual futures: Derivatives contracts without a fixed expiry date that can trade continuously as long as margin requirements are met.
  • Funding rate: A periodic payment mechanism in perpetual futures designed to help keep contract prices close to the underlying reference price.
  • USDT-margined: A contract structure in which margin, settlement and related fees are denominated in USDT.