OKEx adjusts position tiers for DOT Futures and Perpetual Swap
OKX
Related type: Others
2021-02-20 19:14
In order to improve market liquidity and mitigate risks, OKEx will adjust the position tiers for DOT Futures and perpetual swap at 1:00 pm UTC on Feb. 20.
Adjusted tiers of DOTUSDT Futures:
Tier
Min.amount(Cont)
Max.amount(Cont)
Maintenance margin ratio
Min.initial margin ratio
Max.leverage
1
0
500
0.80%
1.30%
75
2
501
1,500
1.00%
2.00%
50
3
1,501
10,000
1.50%
3.00%
33.33
4
Increase by 5,000 conts from the previous tier
Increase by 5,000 conts from the previous tier
Increase by 0.5% from the previous tier
Increase by 0.5% from the previous tier
Max. leverage of the tier
Adjusted tiers of DOTUSD Futures:
Tier
Min.amount(Cont)
Max.amount(Cont)
Maintenance margin ratio
Min.initial margin ratio
Max.leverage
1
0
1,000
0.80%
1.30%
75
2
1,001
3,000
1.00%
2.00%
50
3
3,001
10,000
1.50%
3.00%
33.33
4
Increase by 10,000 conts from the previous tier
Increase by 10,000 conts from the previous tier
Increase by 0.5% from the previous tier
Increase by 0.5% from the previous tier
Max. leverage of the tier
Adjusted tiers of DOTUSD perpetual swap:
Tier
Min.amount(Cont)
Max.amount(Cont)
Maintenance margin ratio
Min.initial margin ratio
Max.leverage
1
0
2,500
0.80%
1.30%
75
2
2,501
5,000
1.00%
2.00%
50
3
5,001
15,000
2.00%
5.00%
20
4
Increase by 15,000 conts from the previous tier
Increase by 15,000 conts from the previous tier
Increase by 0.5% from the previous tier
Increase by 0.5% from the previous tier
Max. leverage of the tier
Adjusted tiers of DOTUSDT perpetual swap:
Tier
Min.amount(Cont)
Max.amount(Cont)
Maintenance margin ratio
Min.initial margin ratio
Max.leverage
1
0
2,000
0.80%
1.30%
75
2
2,001
6,000
1.00%
2.00%
50
3
6,001
10,000
2.00%
5.00%
20
4
Increase by 10,000 conts from the previous tier
Increase by 10,000 conts from the previous tier
Increase by 0.5% from the previous tier
Increase by 0.5% from the previous tier
Max. leverage of the tier
Risk disclaimer
Users' maintenance margin ratio may increase because of tier adjustments and market volatility. To prevent forced liquidations caused by these adjustments, users are encouraged to decrease leverage by either increasing margins or closing positions.
For any inquiries regarding this adjustment, please feel free to contact us in the OKEx Telegram group or via the Support Center.
OKEx
1:00 pm UTC on Feb. 20.
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