The cryptocurrency landscape continues to evolve with new digital assets gaining traction across major exchanges. One such development is the recent listing of MAJORUSDT on OKX, a leading global crypto trading platform. Starting November 28, 2024, traders can access MAJOR/USDT perpetual contracts, followed by leveraged trading and simple earn options for MAJOR tokens. This integration marks a significant milestone for both the MAJOR project and OKX’s expanding suite of financial products.
This update enables users to engage in advanced trading strategies and passive income opportunities using MAJOR — enhancing liquidity, accessibility, and utility for this emerging digital asset.
Expanded Trading Options for MAJOR Token Holders
OKX has rolled out a comprehensive set of services for MAJOR, ensuring both active traders and long-term investors can benefit from its market presence.
Leverage Trading and Simple Earn Features
On November 29, 2024, at 12:00 PM (UTC+8), OKX officially launched leveraged trading for MAJOR against USDT. This allows traders to amplify their exposure using borrowed funds, with flexible leverage tiers available depending on position size and risk parameters.
Additionally, Simple Earn functionality was introduced simultaneously, enabling users to deposit their MAJOR holdings and earn competitive yields through staking-like mechanisms. The exact interest rates and allocation limits are dynamic and subject to market demand — users should refer to the official OKX Simple Earn rules for real-time updates.
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Perpetual Contract Specifications
The MAJORUSDT perpetual contract went live earlier on November 28, 2024, at 9:00 PM (UTC+8) across all OKX platforms — web, mobile app, and API.
Here’s a detailed breakdown of the contract specifications:
- Underlying Index: MAJOR/USDT
- Settlement Currency: USDT
- Contract Size: 1 MAJOR per contract
- Price Quotation: Based on the USDT value of 1 MAJOR
- Minimum Price Increment (Tick Size): 0.0001 USDT
- Leverage Range: 0.01x to 50x
- Trading Hours: 24/7
One key feature is the funding rate mechanism, which ensures that perpetual contract prices remain closely aligned with the spot market:
Funding Fee = Clamp(MA[(Bid + Ask)/2 – Spot Index] / Spot Index – Interest, -1.5%, 1.5%)
(Note: Interest rate is set to 0)
To prevent excessive funding charges during initial volatility, OKX implemented a temporary cap:
- Before December 29, 00:00 UTC+8: Funding rate capped at 0.03%
- Afterward: Reverts to standard cap of 1.5%
The first actual funding payment occurred at 08:00 UTC+8 on November 29, allowing traders time to adjust positions amid early price swings.
All other trading rules — including order types, liquidation logic, and insurance mechanisms — align with OKX's standard USDT-margined perpetual contracts.
Why This Listing Matters for Traders and Investors
The introduction of MAJOR on OKX reflects growing confidence in its ecosystem and use case. By offering multiple financial instruments — from leveraged trading to yield generation — OKX empowers users to interact with MAJOR in diverse ways.
For active traders, the availability of 50x leverage opens doors to high-reward strategies, especially during periods of high volatility. Meanwhile, passive investors can utilize Simple Earn to generate returns without selling their tokens — supporting long-term holding while still earning income.
Moreover, perpetual contracts provide deeper market transparency and price discovery, which helps stabilize the asset over time and attract institutional-grade interest.
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These terms reflect common user search intents related to trading new altcoins on established platforms like OKX.
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Frequently Asked Questions (FAQ)
What is MAJORUSDT perpetual contract?
The MAJORUSDT perpetual contract is a derivative product that allows traders to speculate on the price of MAJOR against USDT without an expiration date. It supports up to 50x leverage and operates 24/7 with regular funding fee settlements.
When did MAJOR become available for leveraged trading?
Leveraged trading for MAJOR/USDT pairs launched on November 29, 2024, at 12:00 PM (UTC+8) on OKX’s web, mobile, and API platforms.
How does the funding fee work for MAJORUSDT?
The funding fee adjusts every 8 hours based on the difference between the perpetual contract price and the underlying spot index. It uses a moving average model and is capped between -1.5% and +1.5%. Initially, it was limited to ±0.03% to reduce volatility risks.
Can I earn yield on my MAJOR tokens?
Yes. Through OKX’s Simple Earn program, users can deposit MAJOR tokens and earn periodic returns. Rates vary based on subscription type (flexible or locked) and overall market demand.
Is there a minimum trade size for MAJORUSDT?
There is no fixed minimum trade size; however, the smallest price movement (tick size) is 0.0001 USDT, meaning trades must be large enough to register meaningful price changes.
Which platforms support MAJOR trading?
Currently, OKX is one of the primary exchanges offering full support for MAJOR, including spot, perpetual contracts, leverage, and earning options. Other platforms may list it in the future as adoption grows.
Final Thoughts: A Step Forward for MAJOR Adoption
With its debut on OKX, MAJOR gains access to a vast global user base, advanced trading infrastructure, and robust security protocols. The combination of perpetual contracts, leveraged trading, and passive income options creates a well-rounded ecosystem that caters to various investor profiles — from day traders to HODLers.
As more users explore the potential of this digital asset, OKX’s support serves as a strong signal of legitimacy and growth potential.
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