OKX to list perpetual futures for TMF equity
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 selected stocks will be enabled from 09:00 UTC on July 29, 2026. For product details, refer to our stock perpetual futures documentation. The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
TMF/USDT perpetual futures trading will open at 09:00 UTC on July 29, 2026.
II. Perpetual futures trading
Features | Details |
Settlement crypto | USDT |
Funding rate | clamp [Average premium index + clamp (Interest rate – Average premium index, 0.05%, -0.05%), 1.00%, -1.00%] For average premium index and interest rate calculations, refer to our product documentation |
Funding fee settlement interval | 8 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 |
Leveraged ETF Perpetual (TMF): This perpetual tracks a fund that already applies daily leveraged exposure to its underlying asset. Perpetuals leverage multiples further and may amplify liquidation risk and losses.
Special note (TMF dividend handling): TMF is a leveraged U.S. Treasury ETF that makes periodic distributions to its holders. Unlike stock splits and other corporate actions, OKX will not apply any cash credit/debit or position adjustment for TMF distributions. Any price decline on the ex-distribution date will be reflected naturally through the mark price and funding rate, and the resulting profit or loss is borne by users. Please be especially mindful of price volatility around each ex-distribution date.
OKX team
Jul 29, 2026