OKX Launches CORE Token Margin Trading, Savings, and Perpetual Contracts

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The cryptocurrency ecosystem continues to expand with innovative financial products, and OKX remains at the forefront of this evolution. The platform has officially launched CORE token trading across multiple advanced financial services, including margin trading, Savings (Yu Bibao), and USDT-margined perpetual contracts. This strategic integration empowers traders and investors with greater flexibility, yield opportunities, and leveraged exposure to the CORE token โ€” all within a secure, high-performance trading environment.

Whether you're a seasoned trader or exploring new digital assets, OKX's latest offerings open doors to enhanced capital efficiency and diversified strategies.


CORE Token Integration: Margin Trading & Savings

OKX has seamlessly integrated the CORE token into two of its most popular financial products: leveraged margin trading and Savings. These features allow users to maximize their crypto holdings through borrowing, lending, and yield generation.

1. USDT-Marginated Leveraged Trading

Traders can now engage in CORE/USDT margin trading, enabling them to amplify their market exposure using borrowed funds. This feature supports both long and short positions, making it ideal for bullish or bearish market outlooks.

After launch, users should refer to the official "Margin Borrowing Position Tiers" guide for detailed information on borrowing limits, liquidation thresholds, and tier-based requirements.

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2. Earn with CORE in OKX Savings

OKX Savings (formerly Yu Bibao) allows users to earn competitive yields by depositing their CORE tokens into flexible savings products. This is an excellent option for long-term holders who want passive income without selling their assets.

For full details on available quotas, interest accrual schedules, and redemption rules, users are advised to consult the OKX Savings Business Rules post-launch.

This dual functionality โ€” leveraging for active trading and saving for passive income โ€” reflects OKXโ€™s commitment to building a comprehensive crypto finance ecosystem.


CORE/USDT Perpetual Contract: Key Features

One of the most anticipated additions is the CORE/USDT perpetual contract, designed for traders seeking continuous exposure without expiration dates. This derivative product offers deep liquidity, tight spreads, and sophisticated risk controls.

Contract Specifications

FeatureDetail
Underlying IndexCORE/USDT
Settlement CurrencyUSDT
Contract Size1 CORE per contract
Price QuotationUSDT per 1 CORE
Tick Size0.00001 USDT
Maximum Leverage75x
Trading Hours24/7

Funding Rate Mechanism

To maintain price alignment between the perpetual contract and the spot market, OKX employs a transparent funding rate model:

Funding Rate Formula:
Clamp(MA(((Bid + Ask)/2 - Index Price) / Index Price - Interest), โˆ’0.75%, 0.75%)
Where Interest = 0

This ensures that the funding rate remains fair and predictable, minimizing arbitrage risks and excessive volatility.

Special Funding Rate Adjustment (Historical Note)

During the initial phase following its launch in early 2023, a temporary cap was applied to prevent abnormal funding rates due to market immaturity:

This transitional measure ensured market stability during the onboarding phase.

All other trading rules โ€” including order types, fee structure, insurance mechanisms, and liquidation protocols โ€” align with OKXโ€™s standard USDT-margined perpetual contracts framework. Traders can review the full documentation via the OKX Perpetual Contracts User Agreement.


Why Trade CORE on OKX?

CORE, as a blockchain project focused on decentralized identity and community-driven networks, brings unique value to the Web3 landscape. By listing CORE across multiple financial instruments, OKX enhances its accessibility and utility for global traders.

Key advantages include:

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Frequently Asked Questions (FAQ)

Q1: What is CORE token used for?
A: CORE is associated with a decentralized identity and community network platform. It aims to empower users with control over their digital identities and participation in governance.

Q2: Can I use CORE as collateral for margin trading?
A: Yes, once deposited, CORE can be used as collateral to borrow USDT or other supported assets for leveraged trades.

Q3: Is there a minimum deposit for OKX Savings with CORE?
A: There is typically no minimum deposit, but interest accrual begins after the first full day of holding. Check the product page for real-time thresholds.

Q4: How often is funding paid on the CORE/USDT perpetual contract?
A: Funding is exchanged every 8 hours (at 04:00, 12:00, and 20:00 UTC). Longs pay shorts or vice versa depending on the rate sign.

Q5: Are there fees for withdrawing CORE from OKX?
A: Yes, network transaction fees apply when withdrawing CORE. These vary based on blockchain congestion and are displayed before confirmation.

Q6: Does OKX support stop-loss and take-profit orders for CORE futures?
A: Absolutely. Traders can set stop-loss, take-profit, trailing stops, and conditional orders to automate risk management.


Final Thoughts

The introduction of CORE token across margin trading, Savings, and perpetual contracts underscores OKXโ€™s mission to deliver cutting-edge financial tools for the next generation of crypto investors. Whether you're looking to speculate on price movements, hedge existing positions, or earn passive income, OKX provides a robust infrastructure tailored to your needs.

With strong security practices, low-latency execution, and continuous product innovation, OKX stands out as a top choice for engaging with emerging digital assets like CORE.

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