Global blockchain supervision and query platform

English
Download

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.   Click Here to Download OKEx App >>> Click Here for OKEx Twitter >>> Click Here to Join OKEx Official Community >>>