Digital asset traders now have expanded opportunities on one of the world’s leading cryptocurrency platforms. OKX has officially introduced new trading products for MAX and ONDO, including leveraged trading pairs, USDT-margined perpetual contracts, and Simple Earn options. These additions enhance portfolio diversification and risk management tools for both novice and experienced investors navigating the dynamic crypto markets.
This strategic expansion underscores OKX’s commitment to delivering innovative financial instruments that align with evolving market demands. Whether you're interested in short-term speculation or long-term yield generation, these new offerings provide flexible access to emerging digital assets with robust infrastructure and competitive features.
👉 Discover how to maximize your crypto trading potential with advanced tools on OKX.
Expanded Trading Options for MAX and ONDO
Starting August 6, 2024 (UTC+8), OKX rolled out a comprehensive suite of trading services for two promising cryptocurrencies: Matr1x (MAX) and ONDO. The rollout occurred in stages across web, mobile app, and API interfaces to ensure smooth integration and optimal user experience.
Key Launch Timeline
- 16:00 UTC+8:
Leveraged trading and Simple Earn for MAX/USDT went live. - 16:30 UTC+8:
MAXUSDT perpetual contracts launched. - 18:00 UTC+8:
Leveraged trading and Simple Earn for ONDO/USDT became available. - 18:30 UTC+8:
ONDOUSDT perpetual contracts went live.
These phased launches allowed traders to gradually position themselves ahead of full contract availability, minimizing volatility risks during initial price discovery phases.
Leveraged Trading & Simple Earn: Flexible Access to Yield and Exposure
OKX supports both speculative and income-focused strategies through dual functionalities:
Leveraged Trading Features
- Supported Pairs: MAX/USDT and ONDO/USDT
- Leverage Tiers: Dynamic borrowing limits based on account tier and risk profile (refer to OKX’s official leverage guidelines post-login)
- Margin Types: Isolated and cross-margin modes available
- Risk Management: Real-time liquidation price tracking, margin ratio alerts
Traders can amplify their market exposure up to 50x, enabling greater capital efficiency. However, higher leverage also increases liquidation risk—making proper position sizing and stop-loss discipline essential.
Simple Earn: Passive Income Made Easy
The Simple Earn program allows users to earn interest by staking idle MAX and ONDO tokens. While exact APY rates vary based on market demand and subscription volume, this feature offers a low-effort way to generate returns without active trading.
- Flexible Terms: No lock-up periods for most offerings
- Auto-compounding: Available on select plans
- Daily Rewards Distribution
This makes it ideal for hodlers who want to optimize their asset utilization while maintaining liquidity.
👉 Start earning yields on your digital assets today—explore available options on OKX.
Perpetual Contracts: Advanced Tools for Active Traders
Perpetual futures are among the most popular instruments in crypto derivatives trading due to their flexibility and 24/7 market access. OKX has launched USDT-margined perpetual contracts for both MAX and ONDO with the following specifications:
MAXUSDT Perpetual Contract Overview
- Underlying Index: MAX/USDT
- Settlement Currency: USDT
- Contract Value: 10 USDT per contract
- Price Quotation: Price of 1 MAX in USDT
- Tick Size: 0.00001 USDT
- Leverage Range: 0.01x to 50x
- Funding Rate Mechanism:
Clamp(MA[((Bid + Ask)/2 – Spot Index Price) / Spot Index Price], -0.75%, 0.75%)
Note: Interest rate component is set to zero. - Trading Hours: 7×24
ONDOUSDT Perpetual Contract Overview
- Underlying Index: ONDO/USDT
- Settlement Currency: USDT
- Contract Value: 10 USDT per contract
- Price Quotation: Price of 1 ONDO in USDT
- Tick Size: 0.0001 USDT
- Leverage Range: 0.01x to 50x
- Funding Rate Formula: Same as MAXUSDT
- Trading Hours: 7×24
Both contracts follow standardized margining, liquidation, and insurance fund protocols consistent with other USDT-margined perpetuals on the platform.
Temporary Funding Rate Cap During Initial Phase
To protect traders from abnormal funding costs during early market formation, OKX implemented a temporary adjustment:
- From launch until 00:00 UTC+8 on August 7, 2024:
Maximum predicted funding rate capped at +0.03% - Effective August 7, 2024, at 08:00 UTC+8:
Normal funding rate mechanism resumes with a cap of ±1.50%
This safeguard helps stabilize pricing during the critical first hours when order books may be thin and premiums volatile.
Why These Additions Matter
The introduction of MAX and ONDO derivatives reflects growing institutional and retail interest in next-generation blockchain projects focused on decentralized finance (DeFi) and real-world asset tokenization.
About ONDO
ONDO Finance is gaining traction for its institutional-grade tokenized financial products, including U.S. Treasury-backed yield tokens. Its integration into major exchanges like OKX signals increasing mainstream adoption.
About MAX (Matr1x)
Matr1x positions itself at the intersection of gaming, metaverse infrastructure, and decentralized identity solutions. With rising attention on immersive digital economies, MAX could play a pivotal role in future Web3 ecosystems.
By listing these assets with full derivative support, OKX enables deeper price discovery, improved market efficiency, and enhanced hedging capabilities.
Frequently Asked Questions (FAQ)
Q: What are the minimum and maximum leverage options for MAX and ONDO perpetuals?
A: Both contracts support leverage from 0.01x to 50x, adjustable in real time based on your risk tolerance and margin balance.
Q: When are funding fees charged for these new perpetual contracts?
A: Funding occurs every 8 hours—at 00:00, 08:00, and 16:00 UTC. Fees are exchanged directly between longs and shorts.
Q: Can I use isolated margin for leveraged trades on MAX/USDT or ONDO/USDT?
A: Yes, both isolated and cross-margin modes are supported, giving you control over risk containment.
Q: Are there any fees for subscribing to Simple Earn with MAX or ONDO?
A: No subscription fees. Rewards are distributed daily after deduction of a small service fee (typically under 15%).
Q: How is the underlying index price calculated?
A: The index aggregates real-time prices from multiple trusted spot exchanges to prevent manipulation and ensure fairness.
Q: Is API trading supported for these new contracts?
A: Yes—full REST and WebSocket API access is available immediately upon listing.
Final Thoughts
The launch of leveraged trading, perpetual contracts, and Simple Earn products for MAX and ONDO marks another milestone in OKX’s mission to provide comprehensive, secure, and scalable financial tools for global users.
With competitive tick sizes, flexible leverage, round-the-clock trading, and integrated yield solutions, traders now have everything needed to build sophisticated strategies around these emerging assets.
Whether you're looking to hedge positions, speculate on price movements, or earn passive income, OKX delivers a unified platform designed for performance and reliability.
👉 Take advantage of the latest crypto opportunities—get started on OKX now.