The cryptocurrency landscape continues to evolve at a rapid pace, and OKX remains at the forefront of innovation by expanding its suite of trading and investment options. Starting January 22, 2025, at 7:00 AM UTC, users will gain access to margin trading, savings services, and USDT-margined perpetual swaps for two promising digital assets: Solana (SOL) and Chromia’s LON token.
This strategic expansion enhances trading flexibility, improves capital efficiency, and opens new opportunities for both short-term traders and long-term investors. The updates apply across all platforms — web, mobile app, and API — ensuring a seamless experience regardless of how you access your account.
Expanded Margin Trading and Savings Options
With the addition of SOL and LON, OKX further strengthens its support for high-performance blockchain ecosystems. These new offerings allow users to leverage their positions and earn passive income with ease.
Available Spot Margin Trading Pairs
The following spot margin trading pairs will be activated:
- SOL/USDT
- SOL/BTC
- LON/USDT
These pairs enable traders to borrow funds against their existing holdings and amplify potential returns — while also managing increased risk responsibly. Margin levels are determined by a tiered system based on position size and collateral value.
👉 Discover how margin trading can boost your strategy today.
For detailed information about borrowing limits and tiered margin ratios, users can refer to the Margin Borrowing Position Tiers page after launch.
Additionally, the Savings feature allows holders of SOL and LON to earn interest on idle assets. This provides a low-risk way to generate yield without active trading. Interest rates and maximum deposit limits will be visible within the platform post-listing under the Business Rules for Savings section.
Introducing USDT-Margined Perpetual Swaps
Perpetual swaps have become one of the most popular instruments in crypto derivatives markets due to their flexibility, leverage options, and 24/7 availability. OKX now brings this powerful tool to both SOL and LON traders.
Key Features of SOLUSDT Perpetual Swap
- Underlying Index: SOL/USDT
- Settlement Asset: USDT
- Face Value: 1 SOL
- Price Quotation: Value of 1 SOL in USDT
- Tick Size: 0.001 USDT
- Leverage Range: 0.01x to 75x
- Funding Rate Mechanism:
Clamp(MA(((best bid + best offer) / 2 - spot index price) / spot index price - interest), -0.75%, 0.75%), where interest = 0 - Trading Hours: 24/7
Key Features of LONUSDT Perpetual Swap
- Underlying Index: LON/USDT
- Settlement Asset: USDT
- Face Value: 1 LON
- Price Quotation: Value of 1 LON in USDT
- Tick Size: 0.001 USDT
- Leverage Range: 0.01x to 75x
- Funding Rate Mechanism: Same as SOLUSDT
- Trading Hours: 24/7
Both contracts follow standard price limit rules consistent with other USDT-margined perpetuals on OKX. Traders are encouraged to review the OKX USDT Margined Perpetual Swap Trading User Agreement & Guide for full operational details.
Temporary Funding Rate Adjustment
During initial market stabilization, funding rates may fluctuate significantly. To protect users from unexpected costs:
- The predicted funding rate cap will be limited to 0.03% until 4:00 PM UTC on January 22, 2025.
- After that time, it will return to the normal maximum of 0.75%.
- The first actual funding fee will be charged at 8:00 AM UTC on January 23, 2025.
This temporary measure ensures smoother entry for traders and helps prevent unfair fee imbalances during early volatility.
Zero-Fee Trading Promotion
To encourage adoption and reduce entry barriers, OKX is launching a limited-time zero-fee trading promotion:
- Zero maker and taker fees for SOLUSDT and LONUSDT perpetual swaps
- Duration: From 7:00 AM UTC on January 22, 2025, to 7:00 AM UTC on February 21, 2025
While this is an excellent opportunity to trade cost-effectively, note that trading volume generated during this period will not count toward tier level calculations for fee discounts on other pairs.
👉 Start trading SOL and LON with zero fees right now.
Frequently Asked Questions (FAQ)
Q: What time will the new features go live?
A: All services — margin trading, savings, and perpetual swaps — will go live simultaneously at 7:00 AM UTC on January 22, 2025.
Q: Can I use both cross and isolated margin modes?
A: Yes, OKX supports both isolated and cross margin modes for eligible users. Check your account settings and risk preferences before opening a position.
Q: Are there any risks associated with perpetual swap trading?
A: Yes. High leverage increases both potential profits and losses. It's important to use risk management tools like stop-loss orders and position sizing wisely.
Q: How is the funding rate calculated?
A: The funding rate is derived from the difference between the perpetual contract price and the underlying spot index, smoothed using a moving average (MA), then clamped between -0.75% and +0.75%. No interest component is applied.
Q: Will my savings deposits auto-renew?
A: Auto-renewal settings depend on your selection when placing the deposit. You can manage renewal options directly in the Savings dashboard after launch.
Q: Is there a minimum amount required to start margin trading?
A: Minimums vary by pair and tier. Refer to the Margin Borrowing Position Tiers page after listing for precise thresholds.
Why This Matters for Traders and Investors
The integration of SOL and LON into OKX’s advanced trading ecosystem reflects growing confidence in these projects:
- Solana (SOL) continues to gain traction as a high-speed, low-cost Layer 1 blockchain supporting decentralized applications and DeFi growth.
- LON, the native token of Chromia, powers a relational blockchain platform ideal for complex dApps requiring SQL-like data handling.
By enabling margin trading, savings, and perpetuals, OKX empowers users to engage more deeply with these ecosystems — whether through leveraged speculation, hedging strategies, or passive income generation.
👉 Unlock advanced trading tools for SOL and LON now.
Final Notes
All services are available globally (subject to regional compliance) via web, mobile app, and API interfaces. Users are advised to monitor official announcements for any last-minute adjustments or maintenance notices.
As always, practice sound risk management — especially when using leverage or participating in volatile markets.
Stay informed, stay secure, and make the most of your crypto journey with OKX.