OKX to Enable Margin Trading, Savings, and Perpetual Swaps for MIR and TORN

·

The cryptocurrency landscape continues to evolve with enhanced trading capabilities and broader asset support. OKX is expanding its financial product suite by enabling margin trading, savings options, and USDT-margined perpetual swaps for two promising digital assets: MIR and TORN. These new features go live at 9:00 AM UTC on February 24, 2025, offering traders greater flexibility, leverage, and yield opportunities across both web and mobile platforms — including full API integration.

This update marks a significant step forward for users seeking advanced trading tools and passive income options within the decentralized finance (DeFi) ecosystem. Whether you're an active trader or a long-term investor, the addition of MIR and TORN to OKX’s margin and derivatives offerings opens new strategic possibilities.

👉 Discover how margin trading can amplify your crypto strategy today.

Enhanced Margin Trading & Savings Features

Starting February 24, OKX will activate spot margin trading for the following pairs:

This allows eligible users to borrow funds to increase their trading positions, potentially magnifying returns — though it's important to manage risk accordingly. The tiered margin ratios, which determine borrowing limits based on account equity and risk level, will be available in real time through the Margin Borrowing Position Tiers section post-launch.

In parallel, Savings services for MIR and TORN will also become available. Users can now earn competitive yields by staking their holdings in flexible or fixed-term savings products. While specific interest rates and caps may vary over time, full details will be accessible under the Business Rules for Savings after official listing.

These features reflect growing demand for integrated DeFi-like services on centralized exchanges, combining security with high-yield potential.

Introducing USDT-Margined Perpetual Swaps

OKX is also launching USDT-margined perpetual swap contracts for both MIR and TORN at the same time. Perpetual swaps are among the most popular instruments in crypto derivatives trading due to their lack of expiration and built-in funding mechanisms that keep prices aligned with spot markets.

MIRUSDT Perpetual Swap Overview

TORNUSDT Perpetual Swap Overview

Both contracts follow standard price limit rules consistent with other USDT-margined perpetuals on OKX. Traders are encouraged to review the OKX USDT Margined Perpetual Swap Trading User Agreement & Guide for comprehensive operational details.

⚠️ Important Funding Rate Note: To stabilize the market during initial launch, the predicted funding rate cap will be limited to 0.03% until 4:00 PM UTC on February 24. After this period, it reverts to the standard maximum of 0.75%, with the first funding fee charged at 8:00 AM UTC on February 25.

Zero-Fee Trading Period & Promotional Incentives

To encourage early participation and boost liquidity, OKX is introducing a limited-time zero-fee trading promotion:

Additionally, OKX is launching a $50,000 USDT incentive campaign running from February 24 to March 2, 2025, rewarding active traders who engage with the new perpetual contracts. This initiative aims to drive community engagement and reward early adopters.

👉 Start trading MIR and TORN with zero fees — take advantage before it ends.

Frequently Asked Questions (FAQ)

Q: What time do the new services go live?
A: All features — including margin trading, savings, and perpetual swaps — go live at 9:00 AM UTC on February 24, 2025.

Q: Can I use leverage when trading MIR and TORN?
A: Yes. You can apply up to 75x leverage when trading MIRUSDT and TORNUSDT perpetual swaps.

Q: Are there any special rules during the initial launch phase?
A: Yes. The funding rate is capped at 0.03% until 4:00 PM UTC on February 24 to prevent volatility-related imbalances. It returns to normal levels afterward.

Q: Will my trading volume count toward VIP tier upgrades during the zero-fee period?
A: No. Volume from zero-fee trades will not contribute to VIP level progression.

Q: How can I earn yield on MIR and TORN?
A: Through OKX Savings, users can deposit MIR and TORN to earn interest via flexible or fixed-term products once enabled.

Q: Is API access supported for these new products?
A: Yes. Full API support is available for margin trading, savings, and perpetual swap functions across all platforms.

Why This Matters for Crypto Traders

The inclusion of MIR and TORN in OKX’s advanced product suite underscores the exchange’s commitment to supporting innovative projects in the DeFi space. MIR, associated with the Mirror Protocol, enables synthetic asset creation, while TORN powers the privacy-focused Tornado Cash ecosystem (note: usage must comply with local regulations).

By offering leveraged trading, savings yield, and perpetual contracts, OKX empowers users to engage with these tokens beyond simple spot purchases — enabling hedging strategies, short positions, and capital efficiency.

Whether you're analyzing macro trends or building algorithmic trading bots, having access to deep liquidity, flexible leverage, and yield-generating tools makes OKX a compelling platform for next-generation crypto activity.

👉 Unlock advanced trading tools and start leveraging MIR and TORN now.

Core Keywords:

This update positions OKX at the forefront of accessible, feature-rich cryptocurrency trading — combining performance, security, and innovation in one integrated ecosystem.