OKX launches SHAZ, JNJ and PENG USDT-margined stock perpetual futures on July 10
The exchange said the new stock perpetual futures will roll out across web, app and API in staggered starts beginning at 09:00 UTC, with USDT settlement, 24/7 trading and funding fees charged every eight hours.
OKX said it will enable USDT-margined perpetual futures for selected stocks on July 10, 2026, expanding the rollout across its web interface, mobile app and API. Trading is scheduled to begin in stages, with SHAZ/USDT perpetual futures opening at 09:00 UTC, JNJ/USDT at 09:15 UTC and PENG/USDT at 09:30 UTC. The contracts are settled in USDT and trade 24/7. OKX said funding fees are normally settled every eight hours, but if a contract reaches its funding fee cap or floor when funding is charged or paid, the settlement period will automatically shift to hourly. The exchange also said product availability may vary by region and asked users to check the app for local access.
- stock perpetual futures: Derivative contracts linked to stocks that do not have a fixed expiry date.
- funding rate: A periodic payment mechanism in perpetual futures that helps keep contract prices aligned with the underlying market.
- API: Application programming interface used for automated or programmatic trading access.