Adjustment of Perpetual Swap Tiered Maintenance Margin Ratio Schedule

Published on 28 May 20195 min read

Dear valued customers,

In order to increase the position limit of perpetual swap, enhance the liquidity of the market and minimize market risks, we will adjust the tiered maintenance margin ratio schedule of the perpetual swap market at the end of May. Details as follow:

A. Adjustment Time

Time

Asset

08:00 – 09:00 May 29, 2019 (CET, UTC+1)

BSV, TRX, ETC

08:00 – 09:00 May 30, 2019 (CET, UTC+1)

BCH, XRP, LTC

08:00 – 09:00 May 31, 2019 (CET, UTC+1)

BTC, EOS, ETH

NOTE: If a volatile market condition takes place during the scheduled time, the adjustment may be postponed. Details will be further announced if a postponement happens.

B. Risk Reminder

Due to the recent market volatility, the maintenance margin ratio and available leverage level of your position may vary from the existing requirements after the adjustment. Please make sure you read through the adjustment details below and fully understand the changes in your position’s maintenance margin ratio caused by the adjustment. For positions of higher risks, it is recommended to minimize forced-liquidation risk by closing or reducing the positions or adding margin.

C. Adjustment Details

  1. Existing Tiered Maintenance Margin Ratio: https://www.OKX.com/future/swap/position
  2. The new Tiered Maintenance Margin Ratio Schedule after adjustment:

BTC:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~999

0.5%

100

2

1,000~9,999

1.0%

50

3

10,000~14999

1.5%

30

4

15,000~24,999

2.0%

20

5

25,000~49,999

2.5%

15

6

50,000~74,999

3.0%

10

7

75,000~99,999

3.5%

9

8

100,000~109,999

4.0%

8

9

110,000~119,999

4.5%

8

10

120,000~129,999

5.0%

8

...

… (Step size 10,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

1,890,000~1,899,999

93.5%

1

EOS:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~2,499

1.0%

50

2

2,500~9,999

1.5%

30

3

10,000~49,999

2.0%

20

4

50,000~99,999

2.5%

15

5

100,000~199,999

3.0%

10

6

200,000~209,999

3.5%

9

7

210,000~219,999

4.0%

9

8

220,000~229,999

4.5%

8

9

230,000~239,999

5.0%

8

10

240,000~249,999

5.5%

8

...

… (Step size 10,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

1,940,000~1,949,999

90.5%

1

ETH:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~2,499

1.0%

50

2

2,500~9,999

1.5%

30

3

10,000~49,999

2.0%

20

4

50,000~99,999

2.5%

15

5

100,000~199,999

3.0%

10

6

200,000~209,999

3.5%

9

7

210,000~219,999

4.0%

9

8

220,000~229,999

4.5%

8

9

230,000~239,999

5.0%

8

10

240,000~249,999

5.5%

8

...

… (Step size 10,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

1,940,000~1,949,999

90.5%

1

LTC:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~999

1.0%

50

2

1,000~4,999

1.5%

30

3

5,000~9,999

2.0%

20

4

10,000~24,999

2.5%

15

5

25,000~49,999

3.0%

10

6

50,000~59,999

3.5%

9

7

60,000~69,999

4.0%

9

8

70,000~79,999

4.5%

8

9

80,000~89,999

5.0%

8

10

90,000~99,999

5.5%

8

...

… (Step size 10,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

1,840,000~1,849,999

93.0%

1

BCH:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~999

1.0%

50

2

1,000~4,999

1.5%

30

3

5,000~9,999

2.0%

20

4

10,000~24,999

2.5%

15

5

25,000~49,999

3.0%

10

6

50,000~59,999

3.5%

9

7

60,000~69,999

4.0%

9

8

70,000~79,999

4.5%

8

9

80,000~89,999

5.0%

8

10

90,000~99,999

5.5%

8

...

… (Step size 10,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

1,840,000~1,849,999

93.0%

1

XRP:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~2,499

1.5%

30

2

2,500~9,999

2.0%

20

3

10,000~19,999

2.5%

15

4

20,000~49,999

3.0%

10

5

50,000~54,999

3.5%

9

6

55,000~59,999

4.0%

9

7

60,000~64,999

4.5%

8

8

65,000~69,999

5.0%

8

9

70,000~74,999

5.5%

8

10

75,000~79,999

6.0%

8

...

… (Step size 5,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

945000~949999

93.0%

1

ETC:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~2499

1.5%

30

2

2,500~9,999

2.0%

20

3

10,000~19,999

2.5%

15

4

20,000~49,999

3.0%

10

5

50,000~59,999

3.5%

9

6

60,000~69,999

4.0%

9

7

70,000~79,999

4.5%

8

8

80,000~89,999

5.0%

8

9

90,000~99,999

5.5%

8

10

100000~109999

6.0%

8

...

… (Step size 10,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

1,840,000~1,849,999

93.0%

1

TRX:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~999

2.0%

20

2

1,000~1,999

2.5%

15

3

2,000~4,999

3.0%

10

4

5,000~9,999

3.5%

9

5

10,000~19,999

4.0%

9

6

20,000~24,999

4.5%

8

7

25,000~29,999

5.0%

8

8

30,000~34,999

5.5%

8

9

35,000~39,999

6.0%

8

10

40,000~44,999

6.5%

8

...

… (Step size 5,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

895,000~899,999

92.0%

1

BSV:

Tier

No. of Contracts

Maintenance Margin Ratio

Maximum leverage level

1

0~999

2.0%

20

2

1,000~1,999

2.5%

15

3

2,000~4,999

3.0%

10

4

5,000~9,999

3.5%

9

5

10,000~19,999

4.0%

9

6

20,000~24,999

4.5%

8

7

25,000~29,999

5.0%

8

8

30,000~34,999

5.5%

8

9

35,000~39,999

6.0%

8

10

40,000~44,999

6.5%

8

...

… (Step size 5,000 to next tier)

… (Step size 0.5% to next tier)

… (Varies with maintenance margin ratio)

...

895,000~899,999

92.0%

1