Cryptocurrency exchange OKX will introduce a new derivative product to users on September 18, 2025. OKX Opens Trading of BARDUSDT Perpetual Contracts According to the company's statement, BARDUSDT perpetual contracts will officially be available for trading via the website, mobile application, and API as of 19:30. The new product will offer investors leveraged trading based on the BARD/USDT index. The contracts will be settled in USDT and have a face value of 1. Price quotes will be calculated based on the USDT price of 1 BARD, with a minimum tick of 0.0001. Users will be able to use leverage between 0.01x and 20x on these contracts. Financing rates are capped at 1.50% to -1.50%. Financing fees will be paid every four hours. OKX's statement emphasized that contract transactions can be executed 24 hours a day, seven days a week. The company stated that detailed product rules, along with information on average premium index and interest rate calculations, are included in the product documentation. This new product is part of OKX's goal to offer investors more trading options by expanding its product range in the perpetual contract market. BARDUSDT contracts can benefit both traders looking to capitalize on short-term price fluctuations and those pursuing long-term risk management strategies. OKX reminded users to be careful about market volatility and urged investors to be conscious of risk management. *This is not investment advice.
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