The cryptocurrency landscape continues to evolve rapidly, and innovation in trading products remains a key driver of market growth. To meet increasing user demand for diversified financial instruments, OKX has officially launched advanced trading features for several emerging digital assets. Starting November 11, 2025, at 18:00 HKT, users can access margin trading, savings services, and a new perpetual futures contract for ENS, BABYDOGE, and KISHU directly via the OKX web platform, mobile app, and API.
This expansion underscores OKX’s commitment to delivering cutting-edge tools that empower traders with greater flexibility, leverage options, and yield-generating opportunities across a broadening range of blockchain-based assets.
Enhanced Trading Capabilities: Margin and Savings Services
To support more sophisticated trading strategies, OKX now offers margin trading and savings functionality for three notable tokens: ENS (Ethereum Name Service), BABYDOGE, and KISHU.
Supported Trading Pairs
The following USDT-denominated pairs are now available for leveraged trading:
- ENS/USDT
- BABYDOGE/USDT
- KISHU/USDT
These additions allow traders to go long or short using borrowed funds, amplifying potential returns—though risk management is essential when utilizing leverage.
👉 Discover how margin trading can enhance your strategy on a secure, high-performance platform.
Leverage Tiering and Borrowing Rules
Leverage tiers are dynamically adjusted based on position size and market conditions. Users should review the updated "Margin Borrowing Position Tiers" documentation post-launch for precise details on maximum borrow limits, liquidation thresholds, and tier-specific requirements.
These tiered structures help maintain system stability during periods of high volatility while enabling scalable exposure for both retail and institutional traders.
Grow Your Holdings with Crypto Savings
In addition to trading capabilities, OKX has integrated savings products for ENS, BABYDOGE, and KISHU. Through the Earn (formerly "余币宝") program, users can deposit their idle assets and earn competitive interest rates over time.
While exact APY figures may vary depending on supply and demand dynamics in the lending market, this feature enables passive income generation without requiring active trading.
For full details on available savings quotas and interest accrual rules, refer to the official OKX Earn Product Guidelines after launch.
Introducing the ENSUSDT Perpetual Contract
One of the most significant updates in this release is the introduction of the ENSUSDT perpetual futures contract, providing traders with a powerful tool to speculate on or hedge exposure to Ethereum Name Service token price movements.
Key Contract Specifications
- Underlying Index: ENS/USDT
- Settlement Currency: USDT
- Contract Size: 0.1 ENS per contract
- Price Quotation: Based on the USDT value of 1 ENS
- Minimum Price Increment (Tick Size): 0.001 USDT
- Leverage Range: Up to 75x (adjustable from 0.01x)
- Trading Hours: 24/7
Funding Rate Mechanism
The funding rate ensures that the perpetual contract price stays closely aligned with the underlying spot index. It is calculated using the formula:
Clamp(MA(((Bid + Ask)/2 - Spot Index)/Spot Index - Interest), −0.75%, 0.75%)
Where:
- Interest = 0%
- MA = Moving average over an 8-hour window
- Clamp ensures rates stay within ±0.75%
Special Note on Initial Funding Rate Cap
Due to potential pricing instability during the initial phase:
- Until November 11, 2025, at 24:00 HKT, the funding rate cap will be limited to 0.03%.
- After this period, it reverts to the standard ±0.75% range.
- The first actual funding payment occurs on November 12, 2025, at 16:00 HKT.
This temporary measure protects users from excessive funding costs during early market formation.
All other trading rules—including order types, liquidation mechanisms, insurance funds, and mark price logic—align with existing USDT-margined perpetual contracts on OKX. For comprehensive information, consult the USDT-Margined Perpetual Contract User Guide.
Why This Matters for Traders
The integration of these assets into OKX’s advanced trading suite reflects broader trends in decentralized finance (DeFi) and meme coin ecosystems:
- ENS continues gaining traction as a foundational layer of Web3 identity infrastructure.
- BABYDOGE and KISHU represent popular community-driven meme tokens with strong social engagement.
- Offering derivatives and savings options enhances liquidity and encourages deeper market participation.
These instruments cater not only to speculative traders but also to long-term holders looking to hedge or earn yield.
👉 Start exploring next-gen crypto derivatives with deep liquidity and robust security.
Frequently Asked Questions (FAQ)
Q1: What time will the new features go live?
A: All services—including margin trading, savings options for ENS/BABYDOGE/KISHU, and the ENSUSDT perpetual contract—will go live on November 11, 2025, at 18:00 HKT across web, mobile, and API platforms.
Q2: Can I use multiple devices to trade these new products?
A: Yes. The launch is synchronized across the OKX website, iOS and Android apps, and public API endpoints, ensuring seamless access regardless of your preferred interface.
Q3: Is there any difference between this perpetual contract and others on OKX?
A: The ENSUSDT contract follows the same structural design as other USDT-margined perpetuals on OKX. However, due to ENS’s unique market behavior, initial funding rates are capped temporarily to ensure fairness during the launch window.
Q4: How do I start earning interest on my BABYDOGE or KISHU holdings?
A: Navigate to the "Earn" section in your OKX account dashboard after launch. Select either BABYDOGE or KISHU from the asset list and follow the prompts to subscribe to available savings plans.
Q5: Are there risks involved in using high leverage?
A: Yes. While leverage can magnify profits, it also increases the risk of liquidation if the market moves against your position. Always employ proper risk controls such as stop-loss orders and position sizing.
Q6: Where can I find real-time data about funding rates?
A: Live funding rate information is displayed directly within the trading interface under the contract details panel. You can also access historical data via the OKX API or official market data portal.
Final Thoughts
With the addition of ENS, BABYDOGE, and KISHU to its margin trading, savings, and derivatives offerings, OKX reinforces its position as a leading global crypto exchange that listens to user demand and responds with innovative solutions.
Whether you're a seasoned trader seeking advanced tools or a long-term holder aiming to generate yield from dormant assets, these upgrades open new doors for strategic engagement in today’s dynamic digital asset markets.
👉 Join millions of users already leveraging advanced trading tools on a trusted platform.
As always, conduct thorough research before investing or trading. Cryptocurrency markets are highly volatile, and past performance does not guarantee future results. Trade responsibly and manage your risk wisely.