OKX to list perpetual futures for XPD and XPT crypto

Published on 31 Jan 20263 min read

This is a general update. Please check the availability of the listed token or product for your region in the app.

We are pleased to announce that USDT-margined perpetual futures for XPD and XPT will be enabled at 6:00 - 6:30 UTC on February 2 2026. The updates will cover both the web and app interfaces as well as the API. The details are as follows:

I. Listing schedule

XPD/USDT perpetual futures trading will open at 6:00 UTC on February 2, 2026.
XPT/USDT perpetual futures trading will open at 6:30 UTC on February 2, 2026.

II. Perpetual futures trading
Palladium (XPD) is a futures contract that allows investors to gain exposure to the price of palladium without physically holding the metal.

Full English Name: Palladium
Abbreviation: XPD

Features	Details
Underlying	XPD/USDT index
Settlement crypto	USDT
Face value	0.001
Price quotation	1 XPD value calculated in USDT equivalent
Leverage	0.01-20x
Funding rate	clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.50%, -1.50%] For average premium index and interest rate calculations, refer to our product documentation
Funding fee settlement interval	4 hours If the funding rate of a perpetual future reaches the funding fee cap or floor when funding fee is charged or paid, the perpetual’s funding fee settlement period will automatically be adjusted to hourly settlement. Learn more from our product documentation
Trading hours	24/7

Platinum (XPT) is a futures contract that allows investors to gain exposure to the price of platinum without physically holding the metal.

Full English Name: Platinum
Abbreviation: XPT

Features	Details
Underlying	XPT/USDT index
Settlement crypto	USDT
Face value	0.001
Price quotation	1 XPT value calculated in USDT equivalent
Leverage	0.01-20x
Funding rate	clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.50%, -1.50%] For average premium index and interest rate calculations, refer to our product documentation
Funding fee settlement interval	4 hours If the funding rate of a perpetual future reaches the funding fee cap or floor when funding fee is charged or paid, the perpetual’s funding fee settlement period will automatically be adjusted to hourly settlement. Learn more from our product documentation
Trading hours	24/7

USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement

Notice: The index protection mechanism will be activated for traditional asset perpetual contracts. For details, please refer to: OKX to activate the price protection mechanism for the RWA token index

OKX team

January 31, 2026

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