We are pleased to announce that LDO, MAGIC, GMX margin trading and savings will be enabled at 7:00 am UTC on February. 2. USDT-margined perpetual swaps for LDO, MAGIC, GMX will be listed at the same time. The updates will cover both the web and app interfaces as well as API. The details are as follows: I. Margin Trading and Savings 1. Spot margin trading will be activated for following pairs: LDO/USDT, MAGIC/USDT, GMX/USDT 2. For the details of the tiered margin ratio, please refer to Margin Borrowing Position Tiers after the official listing. 3. For the limits of savings, please refer to the Business Rules for Savings after the official listing. II. Perpetual Swap Trading LDOUSDT Perpetual Swap: Feature Details Underlying LDO/USDT Index Settlement asset USDT Face value 1 LDO Price quotation 1 LDO value calculated in USDT equivalent Tick size 0.0001 Leverage 0.01~50x Funding rate Clamp / 2 - spot index price)／spot index price - interest), -0.75%, 0.75%), interest = 0 Trading hours 24/7 MAGICUSDT Perpetual Swap: Feature Details Underlying MAGIC/USDT Index Settlement asset USDT Face value 1 MAGIC Price quotation 1 MAGIC value calculated in USDT equivalent Tick size 0.001 Leverage 0.01~20x Funding rate Clamp / 2 - spot index price)／spot index price - interest), -0.75%, 0.75%), interest = 0 Trading hours 24/7 GMXUSDT Perpetual Swap: Feature Details Underlying GMX/USDT Index Settlement asset USDT Face value 0.1 GMX Price quotation 1 GMX value calculated in USDT equivalent Tick size 0.01 Leverage 0.01~20x Funding rate Clamp / 2 - spot index price)／spot index price - interest), -0.75%, 0.75%), interest = 0 Trading hours 24/7 Note: When the new contract is launched, the premium is unstable. To avoid unreasonable charges, the upper limit of the funding rate before 16:00 pm UTC on February. 2 is 0.03%. After 16:00 pm UTC, the upper limit of the predicted funding rate will be adjusted back to the normal 1.50% . The price limit rules of LDO, MAGIC, GMX USDT-margined perpetual swap trading are the same as those of other currencies. Please refer to our perpetual swap trading guides for further details. USDT-margined perpetual swap trading: OKX USDT Margined Perpetual Swap Trading User Agreement & Guide OKX February. 1, 2023 . Download OKX App for iOS, Android, macOS, and Windows >>>. Click here for Twitter >>>. Click here for Telegram >>>. Click here for Discord >>>. Click here for Youtube >>>. More >>>. .