Dear OKX Users,
To improve market liquidity and reduce trading risks, OKX will adjust the tiered rules for futures contracts. Below are the implementation schedule and updated rules:
Implementation Schedule
| Time (HKT) | Cryptocurrencies |
|---|---|
| October 22, 15:00–16:30 | BSV, TRX, ETC |
| October 23, 15:00–16:30 | BCH, XRP, LTC |
| October 24, 15:00–16:30 | BTC, EOS, ETH |
Note: Trading remains uninterrupted during adjustments. Schedule may be extended during extreme volatility.
Key Rule Changes
- Current Tier Structure: Reference existing futures contract tiers here
- New Calculations: Maximum contracts, maintenance margin rates, and leverage multiples will now be formula-determined:
Cryptocurrency Parameters
| Coin | Base Tier Limit | Tier Increment | Base Maintenance Rate | Base Initial Margin |
|---|---|---|---|---|
| BTC | 2,000 | 20,000 | 0.50% | 1.00% |
| ETH | 10,000 | 50,000 | 1.00% | 2.00% |
| EOS | 10,000 | 50,000 | 1.00% | 2.00% |
| LTC | 10,000 | 20,000 | 1.00% | 2.00% |
| BCH | 10,000 | 20,000 | 1.00% | 2.00% |
| ETC | 20,000 | 20,000 | 1.50% | 3.00% |
| XRP | 20,000 | 20,000 | 1.50% | 3.00% |
| TRX | 10,000 | 10,000 | 2.00% | 5.00% |
| BSV | 10,000 | 10,000 | 2.00% | 5.00% |
Calculation Formulas
| Parameter | Formula | BTC Example (Tier 3) |
|---|---|---|
| Tier Contract Limit | Base + (Tier-1) × Increment | 2,000 + 2×20,000 = 42,000 |
| Maintenance Margin Rate | Base Rate + (Tier-1) × 0.5% | 0.5% + 1% = 1.5% |
| Initial Margin Rate | Base Rate + (Tier-1) × 0.5% | 1.0% + 1% = 2.0% |
| Maximum Leverage | 1 / Initial Margin Rate | 1 / 2.0% = 50x |
Maximum maintenance margin rate capped at 50% for all coins.
Risk Management Advisory
Given recent market volatility, users should:
- Review adjusted maintenance rates for existing positions
- Monitor leverage changes post-transition
Manage high-risk positions via:
- Partial/full liquidation
- Position reduction
- Additional margin deposits
👉 Explore advanced risk management tools
FAQ
Q: Will my open positions be affected during the transition?
A: Existing positions remain unchanged, but maintenance requirements may differ for new trades.
Q: How do I calculate my new maximum leverage?
A: Use the formula: 1 / (Base Initial Margin + (Tier-1) × 0.5%)
Q: Where can I find real-time tier parameters?
A: Check the contract details page for live updates.
OKX remains committed to delivering superior trading products and services.