We're excited to announce that OKX will officially list the GUNUSDT perpetual futures contract across our web platform, mobile app, and API on March 31, 2025, at 9:30 PM (UTC+8). Below are the detailed specifications:
Contract Launch Timeline
- Trading begins: March 31, 2025, 9:30 PM (UTC+8)
GUN Perpetual Contract Overview
GUN (Gunz) is the native token of Gunz, a trending gaming platform best known for its flagship AAA battle royale game Off the Grid, which completed development after four years.
| Contract Specification | Details |
|---|---|
| Underlying Asset | GUN/USDT Index |
| Settlement Currency | USDT |
| Price Quotation | USDT value per 1 GUN |
| Leverage | 0.01–20x |
| Funding Rate Formula | Clamp(MA([(Mark Price - Spot Index)/Spot Index - Interest]), -1.5%, 1.5%) with Interest = 0 |
| Funding Interval | Every 4 hours |
| Trading Availability | 24/7 |
👉 Learn how perpetual contracts work
Key Notes:
- Initial Rate Cap: To stabilize premiums post-launch, funding rates will be capped at 0.5% until April 1, 2025, 00:00 (UTC+8), reverting to 1.5% thereafter.
- Market Adjustments: OKX may modify funding rates if significant price deviations occur.
Trading Rules
All standard perpetual contract rules apply, including:
- Order types (limit/market)
- Risk management protocols
For full details, refer to our USDT-Margined Perpetual Contracts documentation.
FAQs
Q: What is GUN’s utility in the Gunz ecosystem?
A: GUN serves as the primary currency for in-game purchases, NFT transactions, and platform governance within Gunz’s gaming universe.
Q: How does the funding rate mechanism work?
A: The rate balances contract/spot price differences. Long/short positions exchange payments every 4 hours based on market conditions.
Q: Can I trade GUNUSDT with cross-margin?
A: Yes, the contract supports both isolated and cross-margin modes for flexible risk management.
OKX remains committed to delivering innovative products and exceptional trading experiences. Start trading GUNUSDT perpetual contracts today!
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Last Updated: March 31, 2025