The cryptocurrency landscape continues to evolve rapidly, and with it, the demand for advanced trading tools and flexible investment options. To meet growing user needs, OKX has officially launched leveraged trading, savings services, and USDT-margined perpetual contracts for several high-potential digital assets: ANC (Anchor Protocol), SC (Siacoin), CRO (Crypto.com Coin), LAMB (Lambda), and XEM (NEM). This strategic expansion empowers traders and investors with greater flexibility, enhanced yield opportunities, and sophisticated risk management tools.
👉 Discover how to maximize your crypto strategy with advanced trading options on OKX.
Expanded Financial Services Across Key Digital Assets
Starting April 8, 2021, at 17:00 HKT, OKX made these new features available across its web platform, mobile app, and API interface. The rollout includes three core financial services: leveraged trading, savings programs via Earn (formerly "Residual Coin Treasure"), and USDT-margined perpetual contracts—each designed to support diverse investment strategies.
Leveraged Trading and Earn Services
OKX now supports USDT-denominated leveraged trading for ANC, SC, CRO, and LAMB. This allows users to amplify their exposure using borrowed funds, enabling both long and short positions depending on market outlook.
Key details:
- Supported pairs: ANC/USDT, SC/USDT, CRO/USDT, LAMB/USDT
- Leverage tiers: Dynamic margin levels based on position size—users can check current tier configurations in the platform’s “Leverage Borrowing Position Tiers” section.
- Earn (Residual Coin Treasure): Users can deposit idle holdings of these tokens to earn competitive interest rates. Available yields vary by asset and market demand; full terms are outlined in the OKX Earn service rules.
These offerings allow traders to not only speculate on price movements but also generate passive income from otherwise dormant assets—a dual-benefit approach increasingly favored in the DeFi and centralized finance ecosystems.
USDT-Margined Perpetual Contracts: Features & Specifications
Perpetual contracts have become a cornerstone of modern crypto derivatives trading due to their flexibility and lack of expiry dates. OKX now supports four new USDT-margined perpetual contracts: ANCUSDT, SCUSDT, CROUSDT, and XEMUSDT. Each contract is settled in USDT, making profit and loss calculations more intuitive for traders using stablecoins.
ANCUSDT Perpetual Contract
- Underlying Index: ANC/USDT
- Settlement Currency: USDT
- Contract Value: 1 ANC
- Price Quotation: Price per 1 ANC in USDT
- Tick Size: 0.001
- Leverage Range: 0.01x to 75x
- Funding Rate Formula:
Clamp(MA(((Bid + Ask)/2 - Spot Index Price)/Spot Index Price - Interest), -0.75%, 0.75%), where Interest = 0 - Trading Hours: 24/7
SCUSDT Perpetual Contract
- Underlying Index: SC/USDT
- Settlement Currency: USDT
- Contract Value: 100 SC
- Price Quotation: Price per 1 SC in USDT
- Tick Size: 0.00001
- Leverage Range: 0.01x to 75x
- Funding Rate Formula: Same as above
- Trading Hours: 24/7
CROUSDT Perpetual Contract
- Underlying Index: CRO/USDT
- Settlement Currency: USDT
- Contract Value: 10 CRO
- Price Quotation: Price per 1 CRO in USDT
- Tick Size: 0.0001
- Leverage Range: 0.01x to 75x
- Funding Rate Formula: Same as above
- Trading Hours: 24/7
XEMUSDT Perpetual Contract
- Underlying Index: XEM/USDT
- Settlement Currency: USDT
- Contract Value: 10 XEM
- Price Quotation: Price per 1 XEM in USDT
- Tick Size: 0.0001
- Leverage Range: 0.01x to 75x
- Funding Rate Formula: Same as above
- Trading Hours: 24/7
All contracts follow standardized trading rules consistent with other USDT-margined perpetuals on OKX, including liquidation mechanisms, insurance funds, and mark price tracking to prevent manipulation.
Special Funding Rate Adjustment at Launch
To ensure market stability during the initial phase:
- Until April 8, 2021, 24:00 HKT, the funding rate cap was limited to 0.03% to prevent excessive volatility.
- After that time, the cap returned to the standard maximum of ±0.75%.
- The first actual funding payment occurred at 16:00 HKT on April 9, 2021.
This temporary measure helped smooth out early price discrepancies between spot and futures markets, protecting both takers and makers during the launch window.
👉 Start trading high-leverage perpetual contracts with precision tools on OKX.
Why These Assets Matter: Market Context & Investment Potential
Each newly supported token brings unique value to the ecosystem:
- ANC (Anchor Protocol): A DeFi savings protocol offering stable yields backed by real-world assets and staked PoS returns.
- SC (Siacoin): Powers Sia’s decentralized cloud storage network, competing with traditional providers through lower costs and improved privacy.
- CRO (Crypto.com Coin): Integral to the Crypto.com ecosystem, used for fee discounts, staking rewards, and payments.
- LAMB (Lambda): Focuses on secure, scalable decentralized data storage infrastructure.
- XEM (NEM): An enterprise-grade blockchain platform known for its Smart Asset system and efficient consensus mechanism.
By integrating these assets into its derivatives and savings suite, OKX enhances access to emerging sectors such as decentralized storage, DeFi yield protocols, and blockchain-as-a-service platforms.
Frequently Asked Questions (FAQ)
Q: What is a USDT-margined perpetual contract?
A: It's a derivative product that allows traders to speculate on price movements without owning the underlying asset. Margined in USDT, it simplifies P&L calculation and reduces volatility risks associated with crypto-collateralized positions.
Q: Can I earn interest on my ANC, SC, CRO, or LAMB holdings?
A: Yes. Through OKX Earn (formerly "Residual Coin Treasure"), users can deposit these tokens and earn variable interest rates based on market supply and demand.
Q: Is leveraged trading risky?
A: Yes. While leverage amplifies potential gains, it also increases the risk of liquidation if the market moves against your position. Always use risk management tools like stop-loss orders.
Q: When did these services go live?
A: All services launched on April 8, 2021, at 17:00 HKT across web, mobile, and API platforms.
Q: How is the funding rate calculated?
A: It's based on the difference between the perpetual contract price and the spot index price, smoothed using a moving average (MA), then clamped between -0.75% and +0.75%.
Q: Are there any special rules during the initial launch period?
A: Yes. To stabilize pricing, the funding rate was capped at 0.03% until April 8, 2021, 24:00 HKT.
OKX remains committed to delivering innovative financial products that bridge traditional investment principles with next-generation blockchain applications.
👉 Unlock advanced crypto trading tools and start earning today on OKX.