The digital asset landscape continues to evolve, and innovative tokens like SONIC are capturing the attention of traders and investors worldwide. To meet growing demand, OKX has officially launched comprehensive trading support for SONIC, including leveraged trading, USDT-margined perpetual contracts, and Simple Earn staking options. These new features empower users with advanced tools to maximize opportunities in the fast-moving crypto market.
This update marks a significant step forward in expanding access to emerging blockchain assets, offering flexible and powerful ways to engage with SONIC’s ecosystem. Whether you're an active trader or a long-term holder, OKX provides a secure, scalable platform designed for all levels of experience.
👉 Discover how to start trading SONIC with leverage and earn rewards today.
Leveraged Trading and Simple Earn for SONIC
Starting January 8, 2025, at 12:00 PM (UTC+8), OKX users can begin leveraging their positions with SONIC/USDT margin trading. This feature allows traders to amplify potential returns by borrowing funds to increase their exposure—ideal for those anticipating strong price movements.
Key Features of SONIC Margin Trading
- Supported Pair: SONIC/USDT
- Leverage Tiers: Flexible borrowing limits based on account tier and risk level. Users can view detailed margin tiers directly within the platform under "Leverage Borrowing Position Tiers."
- Risk Management: Dynamic liquidation mechanisms and real-time margin monitoring help protect traders from unexpected volatility.
In addition to leveraged trading, OKX has introduced SONIC Simple Earn, enabling users to generate passive income by staking their holdings. This low-risk option is perfect for investors who believe in SONIC’s long-term potential but also want consistent yield.
Simple Earn offers competitive annual percentage yields (APY), with allocation limits subject to availability. For full details, refer to the "OKX Simple Earn Service Rules" on the platform.
With both margin trading and earning capabilities now live, users have a complete toolkit to manage their SONIC exposure strategically—whether going long, hedging, or earning over time.
👉 Learn how to earn yield on your SONIC holdings with Simple Earn.
SONIC/USDT Perpetual Contract Details
On January 7, 2025, at 10:00 PM (UTC+8), OKX officially launched the SONIC/USDT perpetual contract, available across web, mobile app, and API interfaces. Designed for active traders seeking continuous exposure without expiry constraints, this derivative product supports high-frequency strategies and sophisticated risk hedging.
Contract Specifications at a Glance
- Underlying Index: SONIC/USDT
- Settlement Currency: USDT
- Contract Size: 1 contract = 1 SONIC
- Price Quotation: Based on the USD value of one SONIC token
- Minimum Price Increment (Tick Size): 0.00001 USDT
- Leverage Range: Adjustable from 1.01x up to 50x
- Trading Hours: 24/7, enabling global participation at any time
Funding Fee Mechanism:
$$ \text{Funding Rate} = \text{Clamp}\left(\text{MA}\left[\frac{(\text{Bid Price} + \text{Ask Price}) / 2 - \text{Spot Index}}{\text{Spot Index}}\right] - \text{Interest}, -1.5\%, 1.5\%\right) $$
Where Interest = 0%. Funding fees are paid/received every 8 hours.
To ensure stability during initial trading, a temporary cap was applied:
From launch until January 8, 2025, at 00:00 (UTC+8), the funding rate was capped at 0.03% to prevent excessive charges due to early-market volatility. After that time, the cap reverted to the standard ±1.5%. The first actual funding payment occurred at 08:00 (UTC+8) on January 8.
All other trading rules—including order types, liquidation procedures, insurance mechanisms, and fee structures—align with existing USDT-margined perpetual contracts on OKX. Traders familiar with BTC or ETH futures will find the interface intuitive and responsive.
This seamless integration ensures that users can apply proven strategies directly to SONIC without relearning workflows.
Why Trade SONIC on OKX?
OKX stands out as a leading platform for digital asset derivatives and margin products due to its robust infrastructure, deep liquidity, and user-centric design. By listing SONIC across multiple financial instruments, OKX enhances market accessibility and encourages broader adoption.
Core Advantages Include:
- High Liquidity Pools: Tight spreads and fast execution even during volatile periods.
- Multi-Platform Access: Full functionality across desktop, iOS, Android, and API-based systems.
- Advanced Risk Controls: Built-in tools like price alerts, take-profit/stop-loss orders, and portfolio margining.
- Transparent Fee Structure: Competitive taker and maker fees that reward frequent traders.
Moreover, OKX’s commitment to security means users can trade with confidence, knowing their funds are protected by cold storage systems and multi-layered authentication protocols.
As SONIC gains traction in decentralized applications or gaming ecosystems (depending on its use case), having immediate access to leveraged and derivative markets becomes increasingly valuable.
Frequently Asked Questions (FAQ)
Q: When did SONIC perpetual contracts go live?
A: The SONIC/USDT perpetual contract launched on January 7, 2025, at 10:00 PM (UTC+8).
Q: Can I use leverage when buying SONIC directly?
A: Yes. Margin trading for SONIC/USDT became available on January 8, 2025, at 12:00 PM (UTC+8), allowing leveraged spot positions.
Q: How are funding rates calculated for SONIC perpetuals?
A: Funding is derived from the difference between the mid-price of the order book and the spot index, smoothed via moving average. It’s capped between -1.5% and +1.5%.
Q: Is there a limit to how much SONIC I can stake in Simple Earn?
A: Allocation limits may apply based on total pool capacity. Check the Simple Earn section on OKX for real-time availability.
Q: Do I need KYC verification to trade SONIC derivatives?
A: Yes. To comply with regulatory standards, identity verification is required before accessing leveraged or futures products.
Q: Are there any special fees during the initial listing phase?
A: No special fees—standard perpetual contract fees apply. However, temporary funding caps were in place for the first few hours post-launch to ensure fairness.
The introduction of SONIC into OKX’s suite of tradable assets reflects the platform’s ongoing mission to deliver cutting-edge financial tools for modern crypto investors. With perpetual contracts, leveraged trading, and yield-generating options now available, users have unparalleled flexibility in managing their digital portfolios.
Whether you're aiming to capitalize on short-term price swings or grow your holdings passively, OKX provides a reliable and feature-rich environment tailored to your strategy.
👉 Start trading SONIC with advanced tools and deep liquidity now.