Flash News: OKX Lists Zerolend's Token On Its Perpetual Futures Market

(MENAFN- PR Newswire) NASSAU, Bahamas, May 6, 2024 /PRNewswire/ --
OKX , a leading crypto exchange and Web3 technology company, has issued updates for May 6, 2024.

OKX Lists ZeroLend's Token on its Perpetual Futures Market

OKX has listed a USDT-margined ZERO perpetual futures contract today at 8:30 AM (UTC). Margin trading and Simple Earn for ZERO will also be enabled on May 7, 2024 at 4:00 AM (UTC).

ZERO/USDT perpetual futures contract specs:

Features	Details
Underlying	ZERO/USDT index
Settlement crypto	USDT
Face value	1000
Price quotation	1 ZERO value calculated in USDT equivalent
Tick size	0.0000001
Leverage	0.01-50x
Funding fee	Clamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0 Note: Funding fees are received and deducted based on the current period.
Trading hours	24/7

ZERO is the token that powers
ZeroLend , one of the fastest-growing multi-chain lending protocols, focusing on Liquid Restaking Tokens (LRTs), Real-World Assets (RWAs), privacy and account abstraction.

For more information, please visit the
Support Center .

For further information, please contact:

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About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX is known for being one of the fastest and most reliable crypto apps in the world.

To learn more about OKX, download our app or visit:
okx

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SOURCE OKX

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