OKEx to Launch SKYUSDT Perpetual Contracts with 50x Leverage

The new contracts, launching on September 11, 2025, will offer 24/7 trading with up to 50x leverage for crypto traders.

188d ago

Summary

OKEx is set to introduce SKYUSDT perpetual contracts on September 11, 2025, allowing traders to leverage up to 50x and access continuous 24/7 trading. This move expands the platform's offerings in the crypto derivatives market.

Terms & Concepts

Perpetual Contracts: A type of derivative that allows traders to buy or sell an asset without an expiration date, often used in crypto markets to speculate on price movements.
Leverage: The use of borrowed funds to increase the potential return on an investment, in this case, up to 50 times the initial capital.