Introduction to SSV Trading Services
OKX has expanded its SSV trading options by introducing three new financial products:
- SSV/USDT Leverage Trading - Allows traders to amplify positions with borrowed funds
- SSV Easy Earn - Provides passive income opportunities
- SSVUSDT Perpetual Contracts - Enables 24/7 derivatives trading without expiration
๐ Discover advanced trading features on OKX
Leverage Trading and Easy Earn Features
Key Specifications:
- Available Trading Pair: SSV/USDT
- Multi-platform Access: Web, mobile app, and API interfaces
- Gradient Margin Levels: Risk-managed tiered positions
- Earn Product Rules: Dynamic yield opportunities
Important Notes:
- Margin requirements vary by position size
- Earn product availability subject to market conditions
- All services available since November 23, 2023 UTC+8
SSVUSDT Perpetual Contract Details
Contract Specifications:
| Contract Parameter | Value |
|---|---|
| Underlying Asset | SSV/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 0.1 SSV |
| Price Quotation | USDT per SSV |
| Minimum Price Movement | 0.01 |
| Leverage Range | 0.01-20x |
| Funding Rate Formula | Clamp(MA([(Bid+Ask)/2 - Spot Index]/Spot Index), -0.75%, 0.75%) |
| Trading Schedule | 24/7 |
๐ Start trading SSV perpetuals today
Special Initial Period Rules:
- November 24, 2023 00:00 UTC+8: Funding rate cap increases from 0.03% to 1.5%
- Full contract documentation available in OKX's perpetual contracts guide
Frequently Asked Questions
Q: When did SSV trading services launch on OKX?
A: All SSV products became available on November 23, 2023 at 12:00 UTC+8.
Q: What's the maximum leverage for SSV perpetual contracts?
A: Traders can use up to 20x leverage initially.
Q: How does the Easy Earn product work?
A: Users can stake SSV to earn yields through automated market-making strategies.
Q: Are there any special rules during the initial launch period?
A: Yes, modified funding rate calculations apply for the first 24 hours.
Q: Can I access these services via mobile?
A: Absolutely, all features are available on OKX's web and mobile platforms.
Conclusion
OKX continues to expand its cryptocurrency derivatives offerings with these new SSV trading products. The exchange maintains its commitment to providing:
- Comprehensive risk management tools
- Competitive leverage options
- Transparent pricing mechanisms
- 24/7 customer support
For the most updated trading rules and specifications, always refer to OKX's official documentation.