The KMNO token has been officially listed on the OKX exchange, introducing a suite of powerful trading and earning tools for users. This expansion includes leverage trading, perpetual contracts, and an Easy Earn feature, all designed to provide more flexibility and opportunities for traders and investors.
This guide details the key features, schedule, and rules for engaging with KMNO on the platform.
Key Listing Dates and Features
Mark your calendars for these important rollout dates:
- KMNOUSDT Perpetual Contracts: Launch on May 30, 2025, at 11:30 AM (UTC+8). This will be available across all platforms: Web, App, and API.
- KMNO Leverage Trading & Easy Earn: Launch on June 2, 2025, at 12:00 PM (UTC+8).
A Closer Look at KMNO Leverage Trading and Easy Earn
The introduction of leverage trading and Easy Earn provides users with advanced strategies to maximize their positions and earn passive income.
Leverage Trading
KMNO will be available for margin trading with USDT as the trading pair. This allows you to borrow funds to amplify your trading position, potentially increasing both gains and losses.
- Trading Pair: KMNO/USDT
- Leverage Tiers: The specific margin and position tiers will be available on the platform at the time of launch. It is crucial to understand the associated risks and mechanics of leverage before participating.
👉 Explore advanced margin trading strategies
Easy Earn
The Easy Earn product offers a straightforward way to put your idle assets to work and generate yield on your KMNO holdings.
- Subscription Limits: The available subscription quotas for KMNO Easy Earn products will be detailed on the platform upon launch. Users can subscribe to these products to earn interest over a fixed period.
Understanding KMNO Perpetual Contracts
Perpetual contracts are a popular derivative product that allows traders to speculate on the future price of KMNO without an expiration date.
Key Contract Specifications
The KMNOUSDT perpetual contract has the following parameters:
| Contract Element | Details |
|---|---|
| Underlying Asset | KMNO/USDT Index |
| Settlement Currency | USDT |
| Contract Face Value | 100 |
| Price Quotation | Price of 1 KMNO in USDT |
| Minimum Price Movement | 0.00001 |
| Leverage | 0.01x to 50x |
| Funding Rate Calculation | clamp [Average Premium Index + clamp (Interest Rate – Average Premium Index, 0.05%, -0.05%), 1.50%, -1.50%] |
| Funding Interval | Every 4 hours |
| Trading Hours | 24/7 |
Important Initial Funding Rate Note
Due to typical price volatility following a new listing, a temporary measure is in place to ensure fair funding rate calculations:
- Before May 31, 2025, 00:00 (UTC+8): The maximum funding rate cap is set at 0.5%.
- After May 31, 2025, 00:00 (UTC+8): The maximum funding rate cap returns to the standard 1.5%.
The first funding fee under the normal 1.5% cap will be collected at 04:00 (UTC+8) on May 31, 2025. OKX reserves the right to adjust these parameters further based on market conditions to ensure stability.
Other standard trading rules for limit orders and other order types align with existing perpetual contracts on the exchange.
Frequently Asked Questions
What is the minimum price change (tick size) for the KMNO perpetual contract?
The smallest possible price movement for the KMNOUSDT perpetual contract is 0.00001 USDT. This defines the increment by which the contract's price can move up or down.
How does the funding rate work for new contracts?
To protect traders from extreme volatility immediately after launch, OKX implements a reduced funding rate cap of 0.5% for the first ~36 hours. This cap is then raised to the standard 1.5% to ensure the contract price closely tracks the spot market price over the long term.
Can I use leverage with both spot trading and perpetual contracts for KMNO?
Yes, but they are separate products. Leverage trading amplifies your spot market buys and sells, while perpetual contracts are derivative products with their own leverage system (up to 50x). Always be aware of the magnified risks that come with using leverage.
What is the difference between Easy Earn and simply holding KMNO in my spot wallet?
Holding KMNO in your spot wallet does not generate yield. By subscribing to an Easy Earn product with your KMNO, you commit your tokens for a period to earn interest or rewards, providing a source of passive income.
Is there a risk of liquidation with Easy Earn?
No, the primary Easy Earn products are typically low-risk and do not involve liquidation. Your capital is not at direct market risk during the subscription period, though all crypto investments carry inherent protocol and market risks.
Where can I find more detailed rules for these products?
All official and detailed documentation, including comprehensive risk warnings, margin tier details, and product rules, is available directly on the OKX platform and its official help center once the products go live.