We're excited to announce comprehensive trading support for HMSTR coming to OKX on September 26, 2024. This expansion offers traders multiple ways to engage with HMSTR across our platform.
Key Listing Timeline
- 12:30 pm UTC: HMSTR/USDT perpetual futures trading begins
- 1:00 pm UTC: HMSTR margin trading and Simple Earn products launch
👉 Discover HMSTR trading opportunities
Margin Trading and Simple Earn Details
Spot Margin Trading
- Available pair: HMSTR/USDT
- Tiered margin levels apply (check post-listing for specifics)
- Borrowing limits vary by account tier
Simple Earn Features
- Flexible and fixed-term options available
- APY rates determined by market conditions
- Minimum investment requirements apply
HMSTR Perpetual Futures Specifications
| Feature | Detail |
|---|---|
| Contract Type | USDT-margined perpetual futures |
| Underlying Index | HMSTR/USDT |
| Face Value | 100 HMSTR per contract |
| Price Quote | USDT value per 1 HMSTR |
| Minimum Price Movement | 0.000001 USDT |
| Available Leverage | 0.01-50x |
| Trading Schedule | 24/7 |
Funding Rate Notes
- Initial cap: 0.03% until 4:00 pm UTC September 26
- Normal cap (1.5%) resumes afterward
- First funding calculation: 12:00 am UTC September 27
Risk Management Features
- Standard price limit rules apply
- Suggested stop-loss orders for new listings
- Gradual position sizing recommended
👉 Learn risk management strategies
Frequently Asked Questions
When can I start trading HMSTR?
All HMSTR products go live September 26 - perpetual futures at 12:30 pm UTC, margin and Simple Earn at 1:00 pm UTC.
What leverage is available for HMSTR futures?
The HMSTR/USDT perpetual contract supports 0.01-50x leverage.
Are there any special rules for HMSTR Simple Earn?
Standard Simple Earn rules apply. Check the product page post-listing for specific rate information.
How does OKX determine HMSTR's funding rate?
It follows our standard funding rate calculation with temporary 0.03% cap during initial listing period.
Final Notes
These updates affect all OKX interfaces including web, mobile app, and API. Our team continues monitoring market conditions to ensure smooth trading experience.
Last Updated: September 2024