The SOPH/USDT perpetual contract is now officially available for trading on OKX, offering users a powerful new tool to gain exposure to the SOPH cryptocurrency with flexible leverage and round-the-clock market access. Starting May 28, 2025, at 9:30 PM UTC+8, traders can engage with the SOPHUSDT perpetual contract across all platforms — web, mobile app, and API — unlocking new opportunities in the evolving digital asset landscape.
This launch reflects the growing demand for advanced trading instruments in decentralized finance (DeFi) and Layer 1 ecosystems, where SOPH has been gaining traction. By integrating SOPH into its suite of USDT-margined perpetual contracts, OKX continues to expand its offerings to meet the needs of both retail and institutional traders seeking efficient, transparent, and liquid markets.
👉 Discover how to start trading SOPH/USDT with low fees and high liquidity
Contract Specifications at a Glance
To ensure clarity and ease of use, here are the core specifications of the SOPHUSDT perpetual contract:
Underlying Asset & Settlement
- Underlying Index: SOPH/USDT
- Settlement Currency: USDT
This means the contract tracks the real-time price of SOPH against the USDT stablecoin, providing a stable valuation benchmark and reducing volatility risks associated with fiat conversions.
Contract Value & Pricing
- Contract Face Value: 100 units of SOPH
- Price Quotation: Based on the USDT price of 1 SOPH
- Tick Size (Minimum Price Movement): 0.00001 USDT
The small tick size allows for precise price entries and exits, which is especially beneficial for scalpers and algorithmic traders who rely on micro-price movements.
Leverage & Margin Flexibility
- Leverage Range: 0.01x to 50x
Traders can choose their desired level of exposure — from conservative spot-like positions at 1x or lower to highly leveraged strategies up to 50x. This flexibility supports diverse risk appetites and trading styles, including hedging, speculation, and portfolio diversification.
Funding Mechanism
- Funding Rate Formula:
clamp [average premium index + clamp (interest rate – average premium index, 0.05%, -0.05%), 1.50%, -1.50%] - Funding Interval: Every 4 hours
The funding rate ensures that the contract price stays closely aligned with the underlying index. It is calculated using a combination of interest rates and the average premium index, helping prevent excessive divergence between spot and futures prices.
Note: To stabilize the market during initial trading, a temporary cap was applied:
- From launch until May 29, 2025, at 12:00 AM UTC+8, the maximum funding rate was limited to ±0.5%.
- Starting May 29, 2025, at 4:00 AM UTC+8, the normal cap of ±1.5% resumed.
Adjustments may be made if significant price deviations occur due to market conditions.
Trading Availability
- Trading Hours: 7×24 (continuous trading every day of the week)
Unlike traditional financial markets, crypto perpetuals trade non-stop, allowing global participants to react instantly to news, developments, or technical signals at any time.
Consistent Trading Rules for Seamless Experience
The SOPHUSDT perpetual contract follows the same standardized limit order rules and margin mechanics as other USDT-margined contracts on OKX. This consistency ensures that experienced traders can jump in immediately without relearning platform-specific behaviors.
Key features include:
- Support for multiple order types: Limit, Market, Stop-Limit, Take-Profit, and Trigger Orders.
- Isolated and Cross margin modes for better risk management.
- Real-time PnL calculation and margin monitoring.
- Deep liquidity pools backed by active market makers.
These elements combine to create a reliable and professional-grade trading environment suitable for both beginners and advanced users.
👉 Start exploring SOPH/USDT trading with powerful tools and deep liquidity
Why Trade SOPH Now?
SOPH (Sophon) is an emerging blockchain platform focused on scalability, security, and developer-friendly infrastructure. As part of the broader ecosystem evolution, SOPH has shown increasing adoption in DeFi applications, NFT projects, and cross-chain interoperability solutions.
Trading the SOPH/USDT perpetual contract allows you to:
- Gain leveraged exposure without holding the physical asset.
- Hedge existing SOPH holdings against short-term market swings.
- Capitalize on volatility through directional bets or arbitrage strategies.
- Participate in ecosystem growth narratives with efficient capital usage.
With rising interest in next-generation Layer 1 protocols, SOPH stands out as a project with strong fundamentals and long-term potential — making it a compelling candidate for strategic trading.
Frequently Asked Questions (FAQ)
Q: When did the SOPH/USDT perpetual contract go live?
A: The contract launched on May 28, 2025, at 9:30 PM UTC+8 on OKX’s web, mobile, and API platforms.
Q: What is the maximum leverage available?
A: Traders can use up to 50x leverage, adjustable based on position size and risk settings.
Q: How often is the funding fee charged?
A: Funding fees are exchanged every 4 hours, at :00 past the hour (e.g., 00:00, 04:00, 08:00 UTC+8).
Q: Was there a special funding rate during launch?
A: Yes — to ensure stability, the funding rate was capped at ±0.5% until May 29, 2025, at 12:00 AM UTC+8. After that, it reverted to the standard ±1.5% cap.
Q: Can I trade this contract on mobile?
A: Absolutely. The SOPHUSDT perpetual contract is fully supported on the OKX mobile app, with full access to charts, orders, and portfolio tracking.
Q: Where can I find detailed product documentation?
A: Comprehensive guides and technical details are available in the OKX Perpetual Contracts User Guide, accessible directly within the platform.
Optimized for Performance and Security
OKX prioritizes user experience by combining cutting-edge technology with robust risk controls. The exchange employs a multi-tiered matching engine capable of handling millions of orders per second, ensuring fast execution even during high-volatility events.
Additionally:
- Advanced circuit breakers help prevent flash crashes.
- Insurance funds protect against auto-deleveraging (ADL) scenarios.
- Transparent fee structures keep trading costs predictable.
These safeguards make OKX one of the most trusted platforms for derivatives trading in the crypto space.
👉 Access institutional-grade trading tools and start your SOPH/USDT journey today
Final Thoughts
The introduction of the SOPH/USDT perpetual contract marks another step forward in democratizing access to innovative blockchain assets. Whether you're looking to speculate on price movements, hedge your portfolio, or explore new DeFi trends, this instrument provides the flexibility and reliability needed to succeed in modern crypto markets.
As always, practice sound risk management — especially when using high leverage — and stay informed about market developments that could impact SOPH’s value.
By combining deep liquidity, transparent mechanics, and seamless cross-platform availability, OKX empowers traders to act confidently in dynamic environments.
Stay ahead of the curve and take advantage of one of 2025’s most promising digital asset opportunities — all within a secure, regulated, and globally accessible ecosystem.