OKX announced a new KII/USDT USDT-margined perpetual futures contract, scheduled to open on September 24, 2026, at 11:00 UTC across its web, app and API interfaces. KII is the ticker for Kiichain, which describes itself as an on-chain FX layer for stablecoins and real-world assets in emerging markets. The contract will trade 24/7 with 0.01-20x leverage, USDT settlement, a face value of 100 and a four-hour funding-fee settlement interval, subject to hourly settlement if the funding rate reaches its cap or floor. The update follows OKX’s previously announced plans to delist 11 spot pairs and launch four equity USD Expiry Perps, known as X-Perp, on September 24.