The cryptocurrency landscape continues to evolve, with leading platforms like OKX expanding their offerings to meet growing demand for advanced trading and yield-generating opportunities. In a strategic move to enhance user access to innovative AI-focused digital assets, OKX has officially integrated Fetch.ai (FET) and SingularityNET (AGIX) into its ecosystem, enabling margin trading, USDT-margined perpetual swaps, and participation in the Simple Earn program.
This update, rolled out on November 27, 2023, reflects OKX’s ongoing commitment to providing traders and investors with diversified financial instruments across high-potential blockchain projects—particularly those at the forefront of artificial intelligence and decentralized technologies.
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Expanded Trading Capabilities for FET and AGIX
Starting November 27, 2023, OKX users can access new financial tools for both FET and AGIX, with services going live in two phases:
- FET becomes available for margin trading and Simple Earn at 08:00 UTC.
- AGIX follows shortly after, with the same features activated at 10:00 UTC.
These updates apply across all platforms—web, mobile app, and API—ensuring seamless access regardless of how users interact with OKX.
Margin Trading and Simple Earn Integration
With the addition of FET and AGIX, OKX expands its spot margin trading pairs to include:
- FET/USDT
- AGIX/USDT
This allows traders to borrow funds to increase their exposure, potentially amplifying returns (while also increasing risk). The margin levels and borrowing rules align with OKX’s standardized risk framework, which adjusts based on market volatility and asset performance.
For users interested in passive income, both tokens are now supported in the Simple Earn program, a flexible savings solution that lets holders earn yields by staking their assets. While exact rates may vary depending on market demand and liquidity conditions, inclusion in Simple Earn significantly boosts utility for long-term holders.
Pro Tip: After launch, users can review detailed margin position tiers and Simple Earn limits via OKX’s official help center—information critical for managing risk and optimizing returns.
Perpetual Swaps: Key Features for FETUSDT and AGIXUSDT
OKX has also launched USDT-margined perpetual swap contracts for both tokens, offering traders leveraged exposure without expiry dates. These instruments are ideal for those looking to take directional bets or hedge existing positions in volatile markets.
FETUSDT Perpetual Swap Specifications
- Underlying Index: FET/USDT
- Settlement Asset: USDT
- Contract Size: 10 USDT
- Price Quotation: Value of 1 FET in USDT
- 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 Swap Specifications
- Underlying Index: AGIX/USDT
- Settlement Asset: USDT
- Contract Size: 10 USDT
- Price Quotation: Value of 1 AGIX in USDT
- Tick Size: 0.0001 USDT
- Leverage Range: 0.01x to 20x
- Funding Rate Mechanism:
Same formula as FETUSDT - Trading Hours: 24/7
Important Note on Funding Rates:
Due to potential price instability during initial launch phases, OKX implemented a temporary cap on funding rates. Until 16:00 UTC on November 27, the maximum funding rate was limited to 0.03%. After this time, it reverted to the standard cap of 1.5%, with the first full cycle charged at 08:00 UTC on November 28.
This safeguard helps protect traders from excessive costs during early market formation, promoting fairer entry conditions.
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Why FET and AGIX? The Rise of AI Cryptocurrencies
The inclusion of Fetch.ai (FET) and SingularityNET (AGIX) is more than just a product expansion—it's a signal of shifting market priorities. Both projects sit at the intersection of blockchain and artificial intelligence, aiming to decentralize machine learning, automate economic tasks, and enable autonomous agent networks.
- Fetch.ai develops AI agents that can perform complex tasks like optimizing energy grids or automating supply chains—all without human intervention.
- SingularityNET hosts a decentralized marketplace for AI services, allowing developers to publish, share, and monetize AI algorithms globally.
As institutional and retail interest in AI tokens grows, platforms like OKX are positioning themselves as gateways to this emerging sector. By supporting margin and perpetual trading, OKX empowers users to actively engage with these assets beyond simple spot purchases.
FAQs: Your Questions Answered
Q: What time did FET and AGIX become available for margin trading?
A: FET became available at 08:00 UTC, while AGIX followed at 10:00 UTC on November 27, 2023.
Q: Can I trade FET and AGIX perpetual swaps using USDT as collateral?
A: Yes. Both FETUSDT and AGIXUSDT are USDT-margined perpetual contracts, allowing you to use USDT as your margin asset.
Q: Is there a difference in leverage between spot margin and perpetual swaps?
A: For these tokens, spot margin leverage depends on user tier and risk settings, while perpetual swaps offer up to 20x leverage.
Q: Why was the funding rate capped initially?
A: To prevent unfair charges during the early volatility phase after launch, OKX temporarily limited the funding rate to 0.03% until 16:00 UTC on November 27.
Q: Where can I find the latest Simple Earn rates for FET and AGIX?
A: Rates are updated dynamically within the Simple Earn section of the OKX platform after listing.
Q: Are these updates available on mobile?
A: Yes. All new features are fully supported on the OKX mobile app and web platform.
Final Thoughts: Building the Future of Crypto Finance
OKX’s integration of FET and AGIX marks a significant step toward bridging decentralized finance with next-generation technologies like AI. With margin trading, perpetual swaps, and yield-generating options, users now have a comprehensive toolkit to explore one of crypto’s most promising verticals.
Whether you're a short-term trader leveraging price movements or a long-term believer earning passive income through Simple Earn, the expanded support for AI-centric tokens opens new doors for strategic engagement.
👉 Unlock the future of AI-powered crypto trading—get started on OKX now.