The cryptocurrency landscape continues to evolve, and with growing interest in Chia (XCH), one of the most innovative blockchain projects focused on eco-friendly mining through proof-of-space-and-time, demand for advanced trading and financial tools has surged. In response, OKX has officially launched comprehensive support for XCH across multiple financial products—marking a significant milestone for traders and long-term holders alike.
Starting May 8, 2025 at 17:00 HKT, users can access XCH leveraged trading, XCH savings via OKX Savings (formerly known as “Yu Bibao”), and the XCHUSDT perpetual contract across all platforms—including web, mobile app, and API interfaces. This multi-product rollout empowers both retail and institutional investors with greater flexibility, liquidity, and yield opportunities around XCH.
Enhanced Access with Leverage Trading & Savings
OKX’s expansion into XCH-based financial instruments brings professional-grade tools to a broader audience. Here's what’s now available:
✅ Leverage Trading for XCH
Traders can now open leveraged positions on XCH using two major trading pairs:
- XCH/USDT
- XCH/BTC
This enables strategic positioning whether you're bullish or bearish, without needing to fully fund your account in either base currency. With leverage support up to 75x (subject to risk tiering), users gain enhanced capital efficiency.
Risk tiers and borrowing limits are dynamically adjusted based on market conditions and user levels. For full details on margin tiers, visit the platform after launch.
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💰 Grow Your XCH Holdings with OKX Savings
Holding XCH just got more rewarding. Through OKX Savings, users can deposit their idle XCH tokens and earn competitive interest rates—turning passive holdings into active income streams.
Unlike volatile staking rewards or complex DeFi protocols, OKX Savings offers a secure, simple way to earn yield with daily compounding and flexible redemption options. This is ideal for long-term believers in Chia’s green blockchain vision who want to optimize returns without active trading.
Available savings quotas and APRs will be updated live on the platform upon listing.
Introducing the XCHUSDT Perpetual Contract
For active traders seeking exposure to XCH price movements with high precision and minimal friction, OKX introduces the XCHUSDT perpetual swap contract—a USDT-margined derivative designed for seamless trading 24/7.
Key Contract Specifications
- Underlying Index: XCH/USDT
- Settlement Currency: USDT
- Contract Value: 0.01 XCH per contract
- Price Quotation: Based on the USDT price of 1 XCH
- Minimum Price Increment (Tick Size): 0.1
- Leverage Range: 0.01x to 75x (adjustable based on position size)
- Trading Hours: 7 days a week, 24 hours a day
Understanding Funding Rates
To ensure fair value alignment between the perpetual contract and the spot market, OKX employs a transparent funding rate mechanism:
Funding Rate Formula:Clamp(MA(((Bid + Ask)/2 - Index Price)/Index Price - Interest), −0.75%, 0.75%)
WhereInterest = 0
During the initial launch phase—until May 8, 2025 at 24:00 HKT—the funding rate cap will be temporarily set at 0.03% to prevent volatility due to potential index instability. After this period, it reverts to the standard ±0.75% range. The first actual funding payment occurs at 16:00 HKT on May 9, 2025.
All other trading rules—including liquidation mechanisms, insurance funds, and fee structures—align with existing USDT-margined perpetual contracts on OKX.
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Why This Matters: The Rise of XCH in the Digital Asset Ecosystem
Chia Network (XCH) stands out in the crypto space due to its unique consensus mechanism—proof-of-space-and-time—which replaces energy-intensive proof-of-work mining with storage-based validation. As environmental sustainability becomes a key focus in tech innovation, XCH has attracted attention from both environmentally conscious investors and institutional players exploring green alternatives.
By integrating XCH into its leveraged trading, savings, and derivatives ecosystem, OKX reinforces its commitment to supporting next-generation blockchain assets with real-world utility and long-term potential.
This move also reflects broader market trends:
- Increasing demand for eco-friendly cryptocurrencies
- Growing appetite for decentralized storage solutions
- Rising interest in alternative mining models
With these developments, XCH is no longer just a niche project—it's becoming part of the mainstream digital asset conversation.
Frequently Asked Questions (FAQ)
Q: What time does the XCHUSDT perpetual contract go live?
A: The XCHUSDT perpetual contract launches on May 8, 2025 at 17:00 HKT across all OKX platforms.
Q: Can I use leverage when buying or selling XCH directly?
A: Yes. You can trade XCH/USDT and XCH/BTC pairs with margin leverage of up to 75x, depending on your account tier and risk level.
Q: Is there a limit to how much XCH I can deposit into OKX Savings?
A: While there is no fixed personal cap, total availability depends on the current quota allocated by OKX. Quotas may change based on demand and platform risk management policies.
Q: How are funding fees calculated for the XCHUSDT contract?
A: Funding fees are determined every 8 hours using the moving average of the premium over the index price. During the first launch day (before May 9), the cap is limited to 0.03% to ensure stability.
Q: Do I need KYC verification to access these features?
A: Yes. To comply with global regulatory standards, users must complete identity verification to access leveraged trading, derivatives, and certain savings products.
Q: Are there any promotional rewards for trading XCH?
A: OKX previously ran a limited-time campaign offering up to $50,000 in trading rewards for new perpetual contract users. Check the official announcements section for current promotions.
Final Thoughts: A Strategic Step Forward
The introduction of XCH leveraged trading, savings products, and the XCHUSDT perpetual contract represents more than just new features—it’s a strategic alignment with emerging blockchain innovations that prioritize sustainability, decentralization, and user empowerment.
Whether you're a trader looking to capitalize on short-term volatility or an investor holding XCH for its long-term vision, OKX now provides a full suite of tools tailored to your needs.
As digital assets continue to mature, platforms that offer depth, security, and innovation will lead the way—and OKX is clearly positioning itself at the forefront.