The cryptocurrency landscape continues to evolve, and innovation remains at the forefront of digital asset platforms. OKX, a leading global crypto exchange, has taken a significant step forward by officially launching SUI/USDT leveraged trading, SUI savings products, and SUIUSDT perpetual contracts. These new offerings, available across the web, mobile app, and API platforms, empower traders and investors with enhanced tools to engage with the SUI ecosystem efficiently and securely.
This strategic expansion underscores OKX’s commitment to supporting high-potential blockchain projects while delivering comprehensive financial instruments that meet diverse user needs—from short-term speculative trading to long-term yield generation.
Enhanced Trading Options: Leveraged Spot and Savings
Starting May 5, 2023, at 12:00 HKT, users can access multiple advanced features for SUI, including leveraged spot trading and yield-bearing savings accounts.
Leveraged Trading for SUI/USDT
SUI is now supported in margin trading pairs against USDT, allowing users to amplify their exposure through borrowed funds. This feature enables both bullish and bearish strategies depending on market outlooks.
Leverage is subject to tiered risk controls based on position size. Users are encouraged to review the updated margin borrowing tier guidelines post-launch to understand borrowing limits, liquidation thresholds, and required collateral ratios. Proper risk management is essential when using leverage due to increased volatility sensitivity.
👉 Discover how leveraged trading can boost your strategy with flexible margin options.
Grow Your Holdings with SUI Savings
In addition to trading capabilities, OKX introduces SUI staking rewards via its savings product, allowing holders to earn passive income on idle assets. The available allocation and annual percentage yield (APY) will be dynamically adjusted based on market demand and supply.
This integration into OKX’s broader savings framework means users can seamlessly transfer funds between trading and earning modes—maximizing capital efficiency without leaving the platform.
Users should monitor real-time updates after launch for exact quota availability and interest rate details under the OKX Savings Rules section.
SUIUSDT Perpetual Contract: Key Features
For active traders seeking exposure to SUI price movements without expiration constraints, OKX now offers the SUIUSDT perpetual contract, a powerful derivative instrument designed for flexibility and precision.
Contract Specifications at a Glance
- Underlying Index: SUI/USDT
- Settlement Currency: USDT
- Contract Size: 1 SUI per contract
- Price Quotation: Quoted in USDT per 1 SUI
- Minimum Price Increment (Tick Size): 0.0001 USDT
- Leverage Range: 0.01x to 75x (adjustable based on risk settings)
- Funding Rate Mechanism:
Clamp(MA(((Bid + Ask)/2 - Index Price)/Index Price - Interest), -0.75%, 0.75%)
Where Interest = 0 - Trading Hours: 24/7, including weekends and holidays
Perpetual contracts allow traders to maintain open positions indefinitely, provided they meet margin requirements and pay or receive periodic funding fees. These fees are exchanged between long and short sides every 8 hours to align the contract price with the underlying spot index.
Special Funding Rate Adjustment at Launch
To ensure market stability during the initial phase, OKX implemented a temporary cap on funding rates:
- From launch until May 5, 2023, 24:00 HKT, the maximum predicted funding rate was limited to +0.03%.
- After this period, the upper prediction limit reverted to the standard +1.50%, with the first actual funding fee applied on May 6, 2023, at 16:00 HKT.
This precaution helps prevent extreme volatility and discourages manipulative pricing behavior during early adoption.
All other trading rules—including order types, liquidation mechanisms, insurance fund protocols, and fee structures—align with existing USDT-margined perpetual contracts on OKX. Traders familiar with other pairs like BTCUSDT or ETHUSDT will find the experience consistent and intuitive.
👉 Start trading SUI futures with up to 75x leverage and deep liquidity.
Why SUI? Understanding the Underlying Asset
SUI is the native token of the Sui blockchain—an emerging Layer 1 network developed by former Meta engineers focused on scalability, low latency, and object-centric data modeling. Unlike traditional account-based architectures, Sui uses a novel programming language called Move to enable secure, parallel transaction processing.
This design allows for high throughput (potentially over 100,000 TPS) and near-instant finality, making it ideal for applications such as gaming, decentralized finance (DeFi), and real-time digital asset exchanges.
As developer activity grows and ecosystem partnerships expand, SUI has attracted attention as a next-generation smart contract platform poised for mainstream adoption. With growing interest comes increased demand for diversified financial products—making OKX’s timely support a strategic move for early adopters.
FAQ: Common Questions About SUI Trading & Products
Q: What time did SUI derivatives go live on OKX?
A: SUI/USDT leveraged trading, savings, and perpetual contracts became available on May 5, 2023, at 12:00 HKT across all platforms—web, mobile app, and API.
Q: Can I use both cross and isolated margin modes for SUI trading?
A: Yes. OKX supports both isolated and cross-margin modes for SUI/USDT margin trading. Isolated margin limits risk to a defined amount, while cross margin uses your entire balance as collateral for greater flexibility.
Q: How often are funding fees charged on the SUIUSDT perpetual contract?
A: Funding occurs every 8 hours. The exact times are displayed within the trading interface. You’ll either pay or receive the fee depending on whether you hold a long or short position and the prevailing rate.
Q: Is there a maximum position size for the SUIUSDT perpetual contract?
A: Yes. Position limits follow tiered categories based on your account level and verification status. Higher tiers allow larger positions. Details are available in the account settings and risk parameters section.
Q: Can I stake SUI directly through OKX to earn rewards?
A: While direct staking isn't offered yet, you can deposit SUI into the OKX Savings product to earn yield. This functions similarly to staking rewards but operates through centralized yield mechanisms rather than on-chain delegation.
Q: Are there any special risks associated with trading new perpetual contracts?
A: New contracts may experience wider spreads, lower liquidity initially, and higher volatility—especially around launch. It's advisable to use limit orders, avoid excessive leverage early on, and closely monitor market depth.
Final Thoughts: A Comprehensive Suite for SUI Exposure
OKX’s rollout of SUI leveraged trading, savings options, and perpetual contracts marks a pivotal moment for traders and investors engaging with this innovative blockchain project. Whether you're looking to speculate on price action with high leverage or generate steady returns from idle holdings, the platform now provides all necessary tools in one integrated environment.
With robust infrastructure, transparent fee models, and strong security protocols, OKX continues to set industry standards in digital asset services.
👉 Begin exploring SUI opportunities today with advanced trading tools and secure custody.
As the ecosystem matures, staying informed about product updates, market trends, and risk management practices will be key to maximizing success. Keep an eye on official announcements and educational resources to make the most of these new financial instruments.