The cryptocurrency ecosystem continues to evolve, and OKX is expanding its suite of financial products to support innovative digital assets. In a significant move, OKX has announced the upcoming listing of USDT-margined perpetual futures for PI crypto, alongside the activation of margin trading and Simple Earn services. This development marks a major milestone for PI holders and traders seeking advanced trading tools and yield opportunities.
The rollout will occur in two phases, ensuring a smooth integration across all platforms—web, mobile app, and API interfaces.
👉 Discover how to maximize your PI trading potential with advanced tools and features.
Launch Schedule and Platform Availability
The new trading options will go live on the following schedule:
- Perpetual Futures Trading: Begins at 9:00 AM UTC on February 20, 2025
- Margin Trading & Simple Earn: Activated at 4:00 AM UTC on February 21, 2025
These updates will be available across all OKX access points—desktop, mobile application, and API—ensuring seamless access for both retail and institutional users. Whether you're an active trader or a long-term investor, this expansion offers enhanced flexibility in managing your PI/USDT positions.
Margin Trading and Simple Earn: Empowering PI Investors
With the activation of margin trading and Simple Earn, PI enters a new phase of utility and accessibility on the OKX platform.
Spot Margin Trading (PI/USDT)
Traders can now leverage their positions using the PI/USDT trading pair. This allows experienced investors to amplify gains (and manage risks) through borrowed capital, subject to tiered margin requirements.
- Trading Pair: PI/USDT
- Leverage Tiers: Determined by user level and position size. For detailed information, users can refer to the official position tier margin schedule after listing.
- Risk Management: Margin levels are dynamically adjusted based on market volatility and account health, helping prevent forced liquidations during sudden price swings.
Simple Earn: Generate Yield on PI Holdings
Holders looking for passive income will benefit from the introduction of Simple Earn for PI. This feature enables users to earn competitive interest rates by staking their PI tokens without needing to sell them.
- Flexible or Fixed Terms: Choose between flexible withdrawals or higher-yield fixed-term deposits.
- Yield Limits: Subject to availability and market demand. Full details will be published in the updated Simple Earn guide.
This addition aligns with growing demand for decentralized finance (DeFi)-like returns within centralized platforms—offering security, ease of use, and reliable payouts.
👉 Start earning yield on your crypto assets today—explore Simple Earn now.
Perpetual Futures: Advanced Tools for Active Traders
OKX’s USDT-margined perpetual futures contract for PI brings professional-grade derivatives trading to the asset class. Designed for both short-term speculators and hedgers, this product offers deep liquidity, tight spreads, and flexible leverage.
Key Contract Specifications
- Underlying Index: PI/USDT
- Settlement Currency: USDT
- Face Value: 1 contract = 1 PI
- Price Quotation: Value of 1 PI in USDT
- Tick Size: 0.0001 USDT (enables precise price execution)
- Leverage Range: 0.01x to 50x (adjustable based on risk settings)
- Funding Interval: Every 4 hours
- Trading Hours: 24/7
Funding Rate Mechanism
To ensure fair pricing and reduce manipulation incentives, the funding rate is calculated as:
Clamp(MA[(Best Bid + Best Ask)/2 – Spot Index Price] / Spot Index Price – Interest, -1.5%, 1.5%)Where:
- Interest = 0
- MA = Moving average over a defined period
- Clamp ensures rates stay within ±1.5%
Special Funding Rate Adjustment at Launch
To prevent excessive volatility during the initial phase:
- Until 4:00 PM UTC on February 20, 2025: Maximum predicted funding fee capped at 0.5%
- After 4:00 PM UTC: Reverts to standard cap of 1.5%
⚠️ The first funding fee will be charged at 8:00 PM UTC on February 20, 2025.
Note: Adjustments may occur dynamically if significant deviations between contract and spot prices emerge.
This mechanism protects early participants from unpredictable costs while maintaining market equilibrium.
For full terms, review the OKX Perpetual Futures Trading User Agreement.
Why This Matters for PI and the Broader Market
The listing of perpetual futures, margin trading, and yield-generating services reflects increasing confidence in PI as a viable digital asset. It also signals maturation in its ecosystem—moving beyond basic exchange support into sophisticated financial instrument territory.
Core benefits include:
- Enhanced price discovery through derivatives
- Increased liquidity across spot and futures markets
- Greater accessibility for global traders
- Long-term holding incentives via yield programs
These upgrades position PI alongside other major cryptos that enjoy comprehensive trading infrastructure.
Frequently Asked Questions (FAQ)
Q: When does perpetual futures trading for PI begin?
A: USDT-margined perpetual futures will go live at 9:00 AM UTC on February 20, 2025.
Q: Can I trade PI on margin immediately after futures launch?
A: No. Margin trading for PI/USDT starts later—at 4:00 AM UTC on February 21, 2025.
Q: Is there a limit to how much leverage I can use?
A: Yes. Leverage ranges from 0.01x to 50x, but actual available leverage depends on your account tier and risk controls.
Q: How often are funding fees charged?
A: Every 4 hours—at 00:00, 04:00, 08:00, 12:00, 16:00, and 20:00 UTC.
Q: Will I earn interest if I hold PI in Simple Earn?
A: Yes. Once activated, users can deposit PI into Simple Earn to earn competitive interest rates under flexible or fixed terms.
Q: Are there special rules during the first few days of trading?
A: Yes. To stabilize pricing, the funding fee cap is limited to 0.5% until 4:00 PM UTC on February 20, after which it returns to the normal 1.5% maximum.
Final Thoughts
The integration of PI into OKX’s advanced trading ecosystem—spanning perpetual futures, margin capabilities, and yield generation—represents a strategic leap forward. It empowers traders with more tools, enhances market efficiency, and supports long-term investment strategies.
As the crypto landscape becomes increasingly competitive, access to robust financial instruments is no longer a luxury—it's a necessity. With OKX leading the charge in product innovation, users gain a powerful advantage in navigating volatile markets with precision and confidence.
👉 Unlock advanced trading features and grow your crypto portfolio today.