Luisa Crawford
Nov 15, 2025 19:20
OKX announces the launch of USDT-margined perpetual futures for PIEVERSE, enhancing trading options for the Web3 payment infrastructure token.
In a significant development for cryptocurrency traders, OKX has announced the listing of USDT-margined perpetual futures for PIEVERSE, a Web3 payment compliance infrastructure. This new offering is set to go live at 03:30 UTC on November 16, 2025, as per the official announcement from OKX.
PIEVERSE Futures Details
PIEVERSE, known for transforming blockchain timestamps into legally recognized business-ready records, will see its perpetual futures traded against USDT. The trading will be available on both the web and app interfaces, as well as through the API, providing extensive accessibility for traders. The perpetual futures contract will utilize the PIEVERSE/USDT index as its underlying asset, with settlements made in USDT.
Trading Specifications
The perpetual futures will feature a face value of 10, with price quotations based on the USDT equivalent value of 1 PIEVERSE. Traders can leverage their positions from 0.01x to 20x, allowing for a range of risk exposures. The funding rate for these futures will be determined by a formula that includes the average premium index and interest rate calculations, detailed in OKX’s product documentation.
Trading for PIEVERSE perpetual futures will be open 24/7, with funding fee settlement intervals initially set at four hours. However, should the funding rate reach predetermined caps or floors, the settlement interval will adjust to an hourly basis.
Market Implications
The introduction of perpetual futures for PIEVERSE could potentially boost market interest and liquidity for the token, as it offers traders more flexibility and hedging options. This move by OKX is part of a broader strategy to expand its derivatives offerings, catering to the growing demand for diverse financial instruments in the cryptocurrency space.
For more details, the official announcement can be accessed on the OKX website.
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Source: https://blockchain.news/news/okx-introduces-usdt-margined-perpetual-futures-for-pieverse