OKX to Launch USDT-Margined Perpetual Futures for OKB on September 4
According to OKX’s official announcement, the OKB/USDT perpetual contract will support up to 20x leverage and be accessible across web, app, and API platforms starting September 4, 2025.
USDT
OKB
Fact Check
The statement is directly confirmed by primary and secondary sources. An official announcement from OKX (Source 5) states that USDT-margined perpetual futures for OKB would be enabled on September 4, 2025. This is corroborated by multiple reports from Messari (Sources 1, 6, 10) which confirm the launch happened on that date. Evidence from OKX's trading platform (Source 8) also shows the product is currently live, confirming the launch took place.
Summary
OKX confirmed in an official press release that it will launch the OKB/USDT USDT-margined perpetual futures contract on September 4, 2025, at 10:00 AM UTC+8. The product will be available via web, app, and API platforms, offering traders up to 20x leverage. This launch represents an expansion of OKX’s derivatives suite and reinforces the company’s commitment to broadening its trading offerings for the OKB token.
Terms & Concepts
- Perpetual Futures: A type of derivative contract without an expiration date, allowing traders to hold positions indefinitely with funding fees balancing long and short positions.
- USDT-Margined Futures: Futures contracts settled in USDT (Tether), a stablecoin pegged to the US dollar, simplifying margin and settlement for traders.
- Funding Rate: A periodic payment exchanged between long and short traders in perpetual futures to keep contract prices aligned with spot market values.