The cryptocurrency ecosystem continues to evolve, bringing innovative trading and earning opportunities to users worldwide. In line with this momentum, OKX has officially announced the launch of PROMPTUSDT perpetual contracts, margin trading, and Simple Earn services. These new features are designed to enhance user flexibility, improve capital efficiency, and offer diversified strategies for both active traders and passive investors.
This update marks a significant milestone in OKX’s mission to deliver comprehensive digital asset solutions. Whether you're interested in high-leverage derivatives trading or seeking stable returns through low-risk yield products, the platform now supports a broader range of financial tools centered around the PROMPT token.
📈 Margin Trading and Simple Earn for PROMPT Now Live
Starting April 11, 2025, at 12:10 PM (UTC+8), OKX users can access two powerful financial features for the PROMPT token: margin trading and Simple Earn.
Margin Trading Support
PROMPT will be available for margin trading against the USDT pair. This allows traders to amplify their positions by borrowing funds directly on the platform. With leveraged exposure, users can take larger positions than their current capital would allow—ideal for those anticipating strong price movements.
The exact leverage tiers and borrowing limits are dynamic and depend on market conditions and risk parameters. For full details on borrowing rules, including maximum loan amounts per tier and collateral requirements, users are encouraged to review the updated margin guidelines.
👉 Discover how margin trading can boost your strategy with flexible leverage options.
Simple Earn: Grow Your PROMPT Passively
For users who prefer a conservative approach, OKX introduces Simple Earn support for PROMPT. This feature enables holders to earn competitive interest rates simply by depositing their tokens into the program. It's an effortless way to generate yield without active trading.
Available allocations may vary based on demand and supply dynamics. Users should check the live dashboard after launch for real-time availability and estimated annual percentage yields (APYs). Early participation often secures better rates before slots fill up.
🔁 Understanding the PROMPTUSDT Perpetual Contract
Launched on April 10, 2025, at 9:30 PM (UTC+8), the PROMPTUSDT perpetual contract is now available across all OKX platforms—including web, mobile app, and API interfaces. Designed for advanced traders, this derivative product offers continuous futures-style trading without expiration dates.
Key Contract Specifications
- Underlying Index: PROMPT/USDT
- Settlement Currency: USDT
- Contract Size: 10 USDT per contract
- Price Quotation: Based on the USDT value of 1 PROMPT
- Minimum Price Movement (Tick Size): 0.00001 USDT
- Leverage Range: Adjustable from 0.01x to 20x
- Funding Fee Mechanism:
Calculated using:Clamp(MA[((Bid + Ask)/2 – Spot Index)/Spot Index] – Interest, -1.5%, 1.5%)
Where Interest = 0 - Funding Interval: Every 4 hours
- Trading Hours: 7 days a week, 24 hours a day
Special Funding Rate Adjustment During Launch Phase
To ensure stability during initial trading activity, OKX implemented a temporary cap on funding rates:
- Before April 11, 2025, 12:00 AM (UTC+8): Funding rate calculation capped at ±0.5%
- After April 11, 2025, 12:00 AM (UTC+8): Returns to standard cap of ±1.5%
The first actual funding fee collection occurred at 4:00 AM (UTC+8) on April 11. This adjustment helps mitigate volatility caused by early price discrepancies between the perpetual contract and the underlying spot index.
Note: OKX reserves the right to adjust funding mechanisms temporarily if abnormal pricing or market manipulation is detected.
All other trading rules—including order types, liquidation procedures, and insurance fund protocols—align with existing USDT-margined perpetual contracts on the platform.
👉 Start trading the PROMPTUSDT perpetual contract with up to 20x leverage today.
💡 Why This Matters for Traders and Investors
The introduction of multiple financial instruments for PROMPT reflects growing confidence in its utility and market demand. Here's how different user groups benefit:
- Active Traders: Use high-leverage perpetual contracts to capitalize on short-term volatility.
- Swing Traders: Leverage margin trading to extend buying power without increasing initial investment.
- Long-Term Holders: Earn passive income via Simple Earn while maintaining exposure to PROMPT’s upside.
- Algorithmic Traders: Access REST and WebSocket APIs for automated strategies on perpetuals and margin markets.
Moreover, having both spot and derivatives markets enhances price discovery and overall liquidity—a win for market health.
❓ Frequently Asked Questions
Q: When did the PROMPTUSDT perpetual contract go live?
A: The contract launched on April 10, 2025, at 9:30 PM (UTC+8) across all OKX platforms.
Q: Can I trade PROMPT with leverage outside of perpetual contracts?
A: Yes. Margin trading for PROMPT/USDT became available on April 11, 2025, at 12:10 PM (UTC+8), allowing leveraged spot-style trades.
Q: What is the maximum leverage available for the PROMPTUSDT perpetual?
A: Up to 20x leverage is supported, adjustable based on position size and account risk level.
Q: How often are funding fees charged on the perpetual contract?
A: Every 4 hours, at intervals of 00:00, 04:00, 08:00 UTC+8, etc.
Q: Is there a limit to how much I can deposit into Simple Earn for PROMPT?
A: Availability depends on total pool capacity. Early deposits typically secure full allocation until limits are reached.
Q: Are there any special risks during the initial launch phase?
A: Yes. New contracts may experience higher volatility and temporary pricing inefficiencies. Traders should monitor funding rates closely and manage liquidation risks accordingly.
🔍 Core Keywords Integrated Naturally
Throughout this article, key terms such as PROMPTUSDT perpetual contract, margin trading, Simple Earn, leverage up to 20x, funding fee mechanism, OKX derivatives, passive income crypto, and USDT-margined contracts have been seamlessly integrated to align with user search intent while maintaining natural readability.
These keywords reflect what traders and investors are actively searching for—ranging from technical specifications to income-generating opportunities.
👉 Maximize your crypto potential with OKX’s full suite of trading and earning tools.
By expanding its financial offerings around PROMPT, OKX reinforces its position as a leading platform for next-generation digital asset services. From sophisticated derivatives to accessible yield programs, users now have more ways than ever to engage with emerging tokens in a secure, regulated environment.