The cryptocurrency landscape continues to evolve rapidly, with growing demand for advanced trading tools and flexible earning opportunities. In response, OKX has officially launched leveraged trading, Simple Earn services, and USDT-margined perpetual contracts for Fetch.ai (FET) and SingularityNET (AGIX). These new offerings are now live across the OKX web platform, mobile app, and API, empowering traders and investors with enhanced access to two of the most promising AI-focused blockchain projects.
This expansion underscores OKX’s commitment to delivering cutting-edge financial products that align with market trends—particularly the surging interest in artificial intelligence (AI) and decentralized machine learning ecosystems.
Expanded Trading and Earning Options for FET and AGIX
Starting November 27, 2023, OKX users can take full advantage of multiple financial instruments centered around FET and AGIX. The rollout occurred in two phases:
- 4:00 PM UTC+8: FET/USDT leveraged trading, Simple Earn, and FETUSDT perpetual contracts went live.
- 6:00 PM UTC+8: AGIX/USDT leveraged trading, Simple Earn, and AGIXUSDT perpetual contracts were officially activated.
These additions provide both short-term traders and long-term holders with greater flexibility in managing exposure, generating yield, and hedging risk.
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Leveraged Trading & Simple Earn: Key Features
Leveraged trading allows users to amplify their positions using borrowed funds, enabling higher returns (and risks) from smaller capital outlays. Meanwhile, the Simple Earn feature offers a low-barrier way to earn passive income on idle crypto assets.
What’s Available?
- USDT-Paired Leveraged Trading
Both FET and AGIX now support leveraged spot trading against USDT, giving users the ability to go long or short with margin funding. - Flexible Leverage Tiers
OKX employs a dynamic leverage tiering system based on account equity and risk levels. Users can view real-time tier details directly within the platform under the margin trading section. - Simple Earn Allocation
The available staking capacity for FET and AGIX through Simple Earn will be determined by real-time supply and demand. Users are encouraged to check the current availability post-launch.
For detailed information on leverage structures and borrowing rules:
Perpetual Contracts: Specifications at a Glance
Perpetual contracts have become one of the most popular instruments in crypto derivatives due to their flexibility, lack of expiry, and funding mechanisms that keep prices aligned with spot markets.
FETUSDT Perpetual Contract Details
- Underlying Index: FET/USDT
- Settlement Currency: USDT
- Contract Size: 10 USDT
- Price Quotation: Based on the USDT price of 1 FET
- Tick Size: 0.0001 USDT
- Leverage Range: 0.01x to 20x
- Funding Rate Mechanism:
Clamp(MA[((Bid + Ask)/2 – Spot Index Price) / Spot Index Price – Interest], -1.5%, 1.5%), where Interest = 0 - Trading Hours: 24/7
AGIXUSDT Perpetual Contract Details
- Underlying Index: AGIX/USDT
- Settlement Currency: USDT
- Contract Size: 10 USDT
- Price Quotation: Based on the USDT price of 1 AGIX
- Tick Size: 0.0001 USDT
- Leverage Range: 0.01x to 20x
- Funding Rate Mechanism:
Same as FETUSDT:Clamp(...)formula with Interest = 0 - Trading Hours: 24/7
Note on Initial Funding Rates: To ensure stability during the initial trading phase, the funding rate cap was set at 0.03% until December 28, 2023, 00:00 UTC+8. After this period, it reverted to the standard maximum of 1.5%. The first actual funding fee collection occurred at 4:00 PM UTC+8 on November 28, 2023.
All other trading rules—including position limits, liquidation mechanisms, and insurance funds—align with existing USDT-margined perpetual contracts on OKX.
For full terms and conditions:
Why FET and AGIX? The Rise of AI Tokens
Fetch.ai (FET) and SingularityNET (AGIX) are foundational players in the decentralized AI movement. They enable autonomous agents, machine learning coordination, and AI service marketplaces—all powered by blockchain technology.
As global interest in artificial intelligence intensifies, these tokens represent high-growth potential assets that attract speculative traders and long-term believers alike.
Introducing advanced financial products like leveraged trading and perpetual contracts reflects market demand and positions OKX as a leader in supporting emerging tech-driven crypto sectors.
Frequently Asked Questions (FAQ)
Q: When did FET and AGIX perpetual contracts go live?
A: FETUSDT perpetual contracts launched at 4:00 PM UTC+8 on November 27, 2023. AGIXUSDT followed at 6:00 PM UTC+8 on the same day.
Q: What is the maximum leverage available for FET and AGIX contracts?
A: Both support up to 20x leverage, adjustable based on position size and risk parameters.
Q: How are funding rates calculated for these contracts?
A: Funding rates are derived from the premium between the contract price and the spot index, capped between -1.5% and +1.5%. Initially, the cap was limited to 0.03% for stability.
Q: Can I earn yield on my FET or AGIX holdings?
A: Yes—via OKX’s Simple Earn program, which allows users to stake these tokens and earn competitive interest rates passively.
Q: Are there any special risks when trading new perpetual contracts?
A: Yes—newly listed contracts may experience higher volatility and slippage during early trading hours. Traders should use caution with leverage until market depth stabilizes.
Q: Where can I find real-time data on leverage tiers and borrowing rates?
A: Visit the margin trading section on OKX’s website or app for live updates on borrowing costs and position limits.
Maximize Opportunities in AI Crypto Markets
With the integration of leveraged spot pairs, perpetual futures, and yield-generating options, OKX delivers a comprehensive toolkit for engaging with FET and AGIX.
Whether you're a day trader aiming to capitalize on short-term AI market momentum or an investor looking to earn steady returns through Simple Earn, these new features open up strategic possibilities.
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The convergence of artificial intelligence and decentralized finance (DeFi) is no longer futuristic—it’s happening now. Platforms like OKX are at the forefront, bridging innovation with accessibility.
Final Thoughts
OKX continues to strengthen its ecosystem by launching sophisticated financial instruments for high-potential digital assets. The introduction of FET and AGIX leveraged trading, perpetual contracts, and Simple Earn services not only meets current market demand but also anticipates future trends in blockchain-based AI economies.
By offering robust infrastructure, transparent rules, and user-centric design, OKX empowers traders worldwide to navigate volatile markets with confidence.
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As always, users are encouraged to practice sound risk management—especially when using leverage—and stay informed through official documentation and market analysis before entering any position.