NASSAU, The Bahamas, Oct. 09, 2023 (GLOBE NEWSWIRE) — OKX, a leading crypto exchange and Web3 technology company, has issued updates for October 9, 2023.
OKX Lists Frontier Token (FRONT) Perpetual Swap, Enables Margin Trading and Savings for the Token
OKX today listed the Frontier token (FRONT) on its perpetual market at 04:00 (UTC). With the new perpetual listing, users can long and short FRONT/USDT with up to 50x leverage. OKX also enabled margin trading and savings for the Frontier token at the same time.
The FRONT perpetual swap’s contract specifications are as follows:
Feature DetailsUnderlyingFRONT/USDT IndexSettlement assetUSDTFace value10Price quotation1 FRONT value calculated in USDT equivalentTick size0.0001Leverage0.01-50xFunding rateClamp(MA([(Best bid + Best offer) / 2 – Spot index price] / Spot index price – Interest), -0.75%, 0.75%), Interest = 0Trading hours24/7
FRONT is the native token that fuels Frontier, a unified non-custodial wallet that enables users t
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