Starting March 14, 2025, from 2:00 PM to 6:00 PM (UTC+8), OKX will implement a strategic update to improve trading accessibility by adjusting the minimum order size and order quantity precision for select perpetual and delivery contracts. This change is designed to lower entry barriers, support finer trade control, and enhance overall user experience across both spot and derivatives markets.
The adjustment applies specifically to LTCUSDT and SHIBUSDT perpetual contracts, as well as the LTCUSDT delivery contract. By reducing the smallest allowable trade size from 1 contract to just 0.1 contracts, OKX empowers traders—especially retail and precision-focused users—to execute more flexible positions with better risk management.
👉 Discover how smaller trade sizes can boost your trading strategy today.
Understanding Minimum Order Size and Quantity Precision
To fully appreciate the impact of this update, it's essential to understand two key trading parameters: minimum order size and order quantity precision.
What Is Order Quantity Precision?
Order quantity precision refers to the smallest incremental unit by which a futures or perpetual contract order can be adjusted. It defines how granular your trade size can be.
For example, if the ETHUSDT perpetual contract has a contract value of 0.1 ETH and an order quantity precision of 0.1 contracts, then each step in your order size increases by 0.1 contracts (equivalent to 0.01 ETH). This means you can place orders at 1.0, 1.1, 1.2 contracts, etc., enabling fine-tuned position sizing.
What Is Minimum Order Size?
The minimum order size is the smallest number of contracts you can trade in a single order. This value must always be a multiple of the order quantity precision.
Using the same ETHUSDT example: if the minimum order size is 1 contract and the precision is 0.1, you must place orders of at least 1 contract (0.1 ETH), but you can increase in steps of 0.1 contracts—such as 1.1, 1.3, or 2.5 contracts.
This distinction ensures that while traders have flexibility in adjusting their positions, there’s still a defined floor to prevent micro-orders that could impact system stability.
Key Changes to Contract Specifications
Below are the updated specifications for the affected contracts:
LTCUSDT Delivery Contract:
- Previous: Minimum order size = 1 contract | Precision = 1
- New: Minimum order size = 0.1 contract | Precision = 0.1
LTCUSDT Perpetual Contract:
- Previous: Minimum order size = 1 contract | Precision = 0.1
- New: Minimum order size = 0.1 contract | Precision = 0.1
SHIBUSDT Perpetual Contract:
- Previous: Minimum order size = 1 contract | Precision = 0.1
- New: Minimum order size = 0.1 contract | Precision = 0.1
These updates mean users can now open positions as small as 0.1 contracts, significantly lowering capital requirements—especially beneficial for high-denomination tokens like SHIB where one full contract represents 1,000,000 SHIB.
For instance:
- Previously, the smallest SHIBUSDT trade was 1,000,000 SHIB.
- After adjustment, users can trade as little as 100,000 SHIB per contract (since 0.1 × 1,000,000 = 100,000).
This enables better exposure control, improved hedging strategies, and reduced slippage risk for partial fills.
Updated Position and Order Display Rules
Following the adjustment, all user interfaces—including web, mobile, and third-party tools—will support decimal-based display for both open positions and pending orders when the order quantity precision is less than 1.
This includes:
- Unfilled orders
- Partially filled orders
- Closed positions
- Active positions
- Conditional or untriggered orders
For example:
- A user holding 1.5 contracts of SHIBUSDT will now see that exact figure in their portfolio.
- An order for 10.7 contracts will appear precisely as entered, rather than being rounded or rejected.
👉 See how decimal precision improves real-time trading decisions on advanced platforms.
This enhancement benefits not only manual traders but also those using automated systems who require accurate data representation for performance tracking and execution logic.
Order Execution and Modification Rules
All new orders and modifications must adhere to the updated rules:
- The order quantity must be a multiple of the new precision (0.1).
- The total order size must be equal to or greater than the new minimum (0.1 contracts).
Example:
For SHIBUSDT after adjustment:
- Valid orders: 0.1, 0.5, 1.2, 2.7 contracts
- Invalid orders: 0.05 (not multiple of 0.1), 0.35 (same), or anything below 0.1
These rules apply universally across:
- Manual trading
- API-based trading
- Algorithmic strategies
- Copy trading portfolios
No exceptions will be made during or after the transition window.
Impact on API and Automated Trading Systems
Developers and algorithmic traders should note that the following API fields will be updated automatically after the change:
lotSz– now reflects the new order quantity precisionminSz– now reflects the new minimum order size
WebSocket streams will also broadcast these updated values in real time.
Traders using automated bots, grid strategies, or third-party tools are strongly encouraged to:
- Verify their order logic handles decimal quantities correctly
- Update validation rules to accept 0.1 increments
- Test in sandbox environments before live deployment
Failure to adapt may result in rejected orders or unintended position sizing.
Frequently Asked Questions (FAQ)
Q: When will the changes take effect?
A: The updates will go live between 2:00 PM and 6:00 PM UTC+8 on March 14, 2025. No service disruption is expected.
Q: Will my open orders or positions be affected?
A: No. All existing orders and positions remain valid and unaffected during the transition. Only new or modified orders will follow the updated rules.
Q: Can I still place orders in whole numbers?
A: Yes. Orders like 1, 2, or 5 contracts are still fully supported—they simply fall within a broader range of allowed values now.
Q: Why is OKX making this change?
A: To improve trading accessibility, reduce minimum capital requirements, and offer greater flexibility—especially for users managing smaller portfolios or high-value contracts like SHIB.
Q: Do these changes apply to all contracts?
A: Not currently. Only LTCUSDT (delivery and perpetual) and SHIBUSDT (perpetual) are affected in this phase. Future expansions may follow based on user feedback.
Q: How do I check the current lot size for any contract?
A: Visit the Trading Rules page or use the public API endpoint /api/v5/public/instruments to retrieve real-time lotSz and minSz values.
Final Notes
This update reflects OKX’s ongoing commitment to delivering a user-centric trading environment that balances innovation with reliability. Whether you're a casual trader or run complex algorithmic systems, these improvements provide greater control over your market exposure.
As always, users are advised to review their strategies ahead of scheduled changes and ensure compliance with updated technical specifications.
👉 Start optimizing your trading approach with enhanced precision tools now.
OKX remains dedicated to evolving its platform with features that meet the diverse needs of global traders—offering deeper liquidity, smarter tools, and seamless execution across all market conditions.