Alvin Lang
Nov 28, 2025 11:26
OKX will introduce USDT-margined perpetual futures for TRUTH, a Swarm Network token, starting November 28, 2025, enhancing trading options with up to 50x leverage.
OKX, a prominent cryptocurrency exchange, has announced the launch of USDT-margined perpetual futures for the TRUTH token, a part of the Swarm Network. This new trading option is set to become available on November 28, 2025, at 11:30 UTC, according to OKX. The addition will be accessible across the platform’s web, app, and API interfaces.
Details of the TRUTH Perpetual Futures
The TRUTH token, which serves as the native asset of the Swarm Network, is designed to function as a privacy-preserving oracle layer. Utilizing artificial intelligence and blockchain technology, it aims to verify real-world data effectively. The perpetual futures contract will be based on the TRUTH/USDT index, allowing traders to engage with leverage ranging from 0.01x to 50x.
Key features of the new futures include a settlement in USDT, with a face value of 100, and a price quotation in USDT equivalent. Trading will be available 24/7, providing continuous access to the market. The funding rate for the contract is calculated using a complex formula, incorporating an average premium index and interest rate, with adjustments made according to market conditions.
Funding and Trading Specifications
The funding rate is subject to a clamp mechanism, designed to keep it within a range of 1.50% and -1.50%. Funding fee settlement occurs every four hours, with the potential for an hourly adjustment if the funding rate hits its cap or floor. Traders and investors can refer to OKX’s product documentation for detailed calculations and more information on perpetual swap funding fees.
Furthermore, the Swarm Network, the organization behind TRUTH, highlights its focus on privacy and data verification, positioning the TRUTH token as a significant player in the blockchain ecosystem. The official website and social media channels of Swarm Network provide additional resources for those interested in the project.
This strategic move by OKX to include TRUTH perpetual futures in its offerings is expected to attract a new wave of traders looking for diversified investment opportunities within the crypto market. The exchange continues to expand its product lineup, catering to both seasoned traders and newcomers in the digital asset space.
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Source: https://blockchain.news/news/okx-launch-usdt-margined-perpetual-futures-truth-crypto
