Iris Coleman
Nov 03, 2025 04:02
OKX declares the launch of USDT-margined perpetual futures for Horizen (ZEN), enhancing buying and selling choices with leverage as much as 50x. The service can be obtainable from November 3, 2025.
OKX, a number one digital asset alternate, has introduced the introduction of USDT-margined perpetual futures for Horizen (ZEN), set to start on November 3, 2025. This transfer is predicted to offer merchants with enhanced flexibility and leverage choices, starting from 0.01x to 50x, in line with OKX.
ZEN Perpetual Futures Particulars
The perpetual futures can be listed on each the net and app platforms, in addition to via API entry. The underlying asset for these futures contracts is the ZEN/USDT index, with settlements carried out in USDT. The face worth of every contract is about at 0.1, with value quotations based mostly on the equal worth of 1 ZEN in USDT.
Horizen’s Blockchain Ecosystem
Horizen is a blockchain platform specializing in privateness and scalability via its revolutionary sidechain options. It permits companies and builders to design and deploy each private and non-private blockchains, together with decentralized functions, on its sturdy distributed community. Extra details about Horizen could be accessed by way of its official web site or its Twitter web page.
Buying and selling Specs
The perpetual futures providing comes with a complete set of options, together with a funding charge mechanism clamped between 1.50% and -1.50%. This charge is calculated utilizing the common premium index and rate of interest, with detailed explanations obtainable in OKX’s product documentation. The funding payment settlement happens each 4 hours, with potential changes to an hourly foundation if caps or flooring are met.
Buying and selling is accessible 24/7, offering steady entry to the market. Merchants are suggested to overview the OKX Perpetual Futures Buying and selling Person Settlement to grasp the phrases and circumstances related to these monetary devices.
This newest addition to OKX’s suite of buying and selling merchandise goals to cater to the rising demand for diversified buying and selling choices throughout the cryptocurrency market.
Picture supply: Shutterstock
