OKX to Transition MON/USDT Pre-Market Contracts to Perpetual Trading

OKX will convert MON/USDT pre-market contracts to perpetual contracts with leverage options ranging from 0.01x to 50x between Nov. 24 and 25, 2025.

ETH

USDT

113d ago

Summary

According to OKX’s official announcement, the MON/USDT pre-market trading contracts will be converted into perpetual contracts on Nov. 24–25, 2025. The updated contracts will support leverage between 0.01x and 50x. The MON token is linked to Monad, an Ethereum Virtual Machine-compatible Layer 1 blockchain focused on scalability solutions.

Terms & Concepts

Perpetual contract: A type of futures contract without an expiration date, allowing traders to hold positions indefinitely.
EVM-compatible: Refers to blockchain systems that can run Ethereum Virtual Machine (smart contract execution environment) code.
Layer 1 blockchain: A base blockchain network that operates independently and manages its own consensus and transaction processing.