OKX Announces Official Launch of EFI, CQT, WNCG Margin Trading, Savings, and Perpetual Contracts

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The cryptocurrency landscape continues to evolve with increasing demand for advanced trading tools and flexible financial products. In response, OKX has officially launched margin trading, savings services, and USDT-margined perpetual contracts for three promising digital assets: EFI, CQT, and WNCG. This strategic expansion empowers traders and investors with greater flexibility, enhanced leverage options, and round-the-clock market access.

👉 Discover how OKX's new trading features can boost your crypto strategy today.

Enhanced Trading Capabilities with Margin and Savings Support

Starting August 20, 2025, at 18:00 HKT, OKX users can access a full suite of financial tools for EFI, CQT, and WNCG across the web platform, mobile app, and API interface.

Margin Trading Overview

OKX now supports USDT-denominated margin trading for all three assets, allowing users to amplify their positions using borrowed funds. This feature is ideal for experienced traders seeking to capitalize on short-term price movements.

For detailed information about borrowing limits and position tiers, users are encouraged to review the updated margin trading guidelines directly within the platform.

Grow Your Holdings with OKX Savings

Holding idle assets? Now you can put them to work through the OKX Savings program. By depositing EFI, CQT, or WNCG into the savings vault, users earn competitive interest rates with high liquidity.

This service turns passive holdings into active income generators—perfect for long-term believers who still want access to their capital.

👉 Start earning interest on your crypto holdings with OKX Savings now.

Deep Dive: USDT-Margined Perpetual Contracts

Perpetual contracts have become a cornerstone of modern crypto trading due to their flexibility and 24/7 availability. OKX’s new offerings—EFIUSDT, CQTUSDT, and WNCGUSDT—are designed with precision and trader experience in mind.

Key Contract Specifications

Each perpetual contract follows a consistent structure for ease of use:

FeatureDetails
UnderlyingEFI/USDT Index, CQT/USDT Index, WNCG/USDT Index
Settlement CurrencyUSDT
Contract Size1 unit of the base asset (1 EFI, 1 CQT, 1 WNCG)
Price QuotationPrice per unit in USDT
Minimum Price Movement0.0001 (EFI & WNCG), 0.001 (CQT)
Maximum LeverageUp to 75x
Funding Rate MechanismClamp(MA(((Bid + Ask)/2 – Spot Index)/Spot Index – Interest), –0.75%, 0.75%) where Interest = 0
Trading Hours7 days a week, 24 hours a day

These contracts allow traders to go long or short without expiration dates, making them ideal for both short-term speculation and hedging strategies.

Special Funding Rate Adjustment at Launch

To ensure market stability during the initial phase:

This temporary measure prevents abnormal funding costs during early price discovery and promotes fairer trading conditions.

All other trading rules—including liquidation mechanisms, insurance funds, and fee structures—align with existing USDT-margined perpetual contracts on OKX.

Why These Assets Matter: EFI, CQT, and WNCG

Understanding the underlying projects helps contextualize their inclusion on a major exchange like OKX.

These tokens represent growing sectors: NFT infrastructure, blockchain security, and decentralized oracles—all critical components of Web3’s future.

Frequently Asked Questions (FAQ)

Q: When did EFI, CQT, and WNCG perpetual contracts go live?
A: The contracts launched on August 20, 2025, at 18:00 HKT on OKX’s web, mobile, and API platforms.

Q: What is the maximum leverage available for these perpetual contracts?
A: Traders can use up to 75x leverage, depending on their account tier and risk level.

Q: Can I earn interest on my EFI, CQT, or WNCG holdings?
A: Yes. Depositing these assets into OKX Savings allows you to earn daily interest with instant withdrawal capability.

Q: Why was the funding rate limited during the first few hours?
A: To prevent excessive volatility and unfair charges during the launch window, the funding rate was temporarily capped at 0.03% before returning to normal levels.

Q: Are there different tick sizes for these contracts?
A: Yes. EFI and WNCG have a tick size of 0.0001, while CQT has a slightly larger increment of 0.001 due to its expected price range.

Q: Where can I find more details about USDT-margined perpetual contracts?
A: Comprehensive documentation is available in the OKX Help Center under “USDT-Margined Perpetual Swap Trading User Agreement.”

👉 Explore advanced trading tools and start leveraging your positions on OKX.

Final Thoughts

The addition of EFI, CQT, and WNCG to OKX’s margin trading, savings, and perpetual contract lineup reflects the platform’s commitment to innovation and user empowerment. Whether you're an active trader looking for leverage or a long-term holder aiming to generate yield, these new features provide meaningful opportunities.

As always, proper risk management is essential when using leveraged products. Users should understand liquidation mechanics and consider using stop-loss orders to protect their capital.

OKX remains dedicated to delivering secure, reliable, and feature-rich services that meet the evolving needs of the global crypto community.

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