The cryptocurrency landscape continues to evolve, and with it, the demand for advanced trading tools and flexible financial products. To meet growing market interest in Chia (XCH), OKX has officially launched a suite of new features including leveraged trading, savings options, and a USDT-margined perpetual contract for XCH. These additions empower traders and investors with greater flexibility, enhanced yield opportunities, and sophisticated risk management tools—all designed to support dynamic participation in the XCH ecosystem.
This update marks a significant step forward in expanding access to XCH-based financial instruments across multiple platforms, including web, mobile app, and API interfaces.
Expanded Access: XCH Leveraged Trading & Savings
Starting May 8, 2025, at 17:00 HKT, OKX users can engage in XCH leveraged trading using both USDT and BTC as margin pairs. This enables traders to amplify their exposure to XCH price movements while managing capital efficiency through margin borrowing.
👉 Discover how leveraged trading can enhance your crypto strategy today.
Key Features of XCH Leveraged Trading
- Supported Pairs: XCH/USDT and XCH/BTC
- Flexible Leverage Tiers: Leverage limits are structured across multiple tiers based on position size—ensuring risk control while accommodating various trading styles. Detailed tier information is available directly on the platform post-launch.
- Risk Management Tools: Built-in liquidation protection, real-time margin monitoring, and automatic alerts help users manage downside risks effectively.
In parallel, XCH is now integrated into OKX’s savings product, allowing holders to earn passive income by depositing idle XCH tokens. The annual percentage yield (APY) fluctuates based on market demand and utilization rates, providing competitive returns for long-term holders seeking yield without selling their assets.
Savings capacity and interest distribution schedules are updated dynamically on the platform, reflecting real-time liquidity conditions within the system.
Introducing the XCHUSDT Perpetual Contract
Perpetual contracts have become a cornerstone of modern crypto derivatives trading due to their flexibility and 24/7 availability. The newly launched XCHUSDT perpetual contract offers traders a powerful instrument to speculate on XCH price action with up to 75x leverage, all settled in stable USDT.
Contract Specifications
- Underlying Index: XCH/USDT
- Settlement Currency: USDT
- Contract Value: 0.01 XCH per contract
- Price Quotation: Based on the USD value of 1 XCH
- Minimum Price Increment (Tick Size): 0.1 USDT
- Leverage Range: 0.01x to 75x (adjustable based on risk settings)
- Trading Hours: 7 days a week, 24 hours a day
Funding Rate Mechanism:
$$ \text{Funding Rate} = \text{Clamp}\left(\text{MA}\left(\frac{(\text{Bid} + \text{Ask}) / 2 - \text{Spot Index}}{\text{Spot Index}}\right), -0.75\%, +0.75\%\right) $$
With interest rate set at 0%.
Note: During the initial launch phase—before May 8, 2025, 24:00 HKT—the funding rate cap was temporarily limited to 0.03% to prevent abnormal fluctuations due to market volatility. After this period, the cap reverted to the standard ±0.75%. The first actual funding fee collection occurred on May 9, 2025, at 16:00 HKT.
All other trading rules—including order types, liquidation mechanisms, and insurance fund protocols—align with existing USDT-margined perpetual contracts on OKX, ensuring a consistent user experience.
Why This Matters for Traders and Investors
The integration of XCH into OKX’s core product suite reflects increasing institutional and retail interest in alternative blockchain ecosystems like Chia, which emphasizes energy-efficient proof-of-space-and-time consensus. By offering leveraged trading, savings, and derivatives, OKX enables users to:
- Take bullish or bearish positions without owning the underlying asset
- Hedge existing spot holdings against short-term volatility
- Earn yield on dormant balances via the savings program
- Utilize high-leverage instruments for precision trading strategies
These tools collectively enhance capital efficiency and open new avenues for strategic engagement with the XCH market.
👉 Start exploring advanced trading options with one of the most versatile platforms in the industry.
Frequently Asked Questions (FAQ)
Q: What time did the XCH products go live?
A: The XCH leveraged trading pairs, savings product, and XCHUSDT perpetual contract went live on May 8, 2025, at 17:00 HKT across all OKX platforms.
Q: Can I use BTC as collateral for XCHUSDT perpetual contracts?
A: No. The XCHUSDT perpetual contract only accepts USDT as margin. However, you can use BTC in cross-margin mode for spot and leveraged trading of XCH/BTC.
Q: Is there a maximum amount I can deposit into the XCH savings product?
A: There is no fixed upper limit. However, available capacity depends on current market demand and utilization rates. Users are encouraged to check the live dashboard for real-time availability.
Q: How often is the funding rate applied?
A: Funding occurs every 8 hours—at 04:00, 12:00, and 20:00 UTC. Traders pay or receive funding depending on the direction of their position and prevailing market conditions.
Q: What happens if my leveraged position gets liquidated?
A: If your maintenance margin falls below required levels, the system will automatically close your position to prevent further losses. Remaining funds may be partially offset by insurance pool coverage or socialized loss mechanisms.
Q: Are there fees for withdrawing XCH from savings?
A: No withdrawal fees are charged by OKX for moving XCH out of savings. However, standard blockchain network fees may apply during transfers.
Optimizing Your Strategy with Advanced Tools
With the launch of these features, OKX reinforces its position as a comprehensive digital asset platform that supports both beginner and professional traders. Whether you're looking to:
- Execute short-term trades using high leverage
- Hedge exposure during volatile periods
- Generate passive income from idle tokens
...the expanded XCH offerings provide the tools needed to act decisively.
Additionally, OKX’s robust API infrastructure allows algorithmic traders to automate strategies involving XCH perpetuals and leveraged positions—enabling faster execution and tighter risk control.
As the crypto market matures, platforms that combine innovation with reliability will lead adoption. OKX's structured rollout—including temporary funding rate caps during launch—demonstrates a commitment to stability and user protection.
👉 Unlock your full trading potential with seamless access to global markets.
Final Thoughts
The introduction of XCH leveraged trading, savings functionality, and the XCHUSDT perpetual contract represents more than just new product listings—it signifies deeper ecosystem support for innovative blockchain projects like Chia. By integrating these assets into a full-stack financial environment, OKX empowers users with choice, control, and opportunity.
Stay informed, manage risk wisely, and leverage the tools available to make the most of your digital asset journey.
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