OKX to List EDEN USDT Perpetual Contract with 50x Leverage

The crypto exchange will launch the EDEN USDT-margined perpetual contract on September 30, enabling traders to access up to 50x leverage.

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Summary

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Terms & Concepts
  • Perpetual Contract: A type of futures contract with no expiry date, allowing traders to hold positions indefinitely.
  • USDT-margined: A derivative product where margin, profit, and loss are calculated in Tether (USDT).
  • Leverage: The use of borrowed funds to amplify potential returns, allowing traders to control larger positions with less capital.