OKX to list perpetual futures for XCU and CL
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 XCU and CL will be enabled at 12:00 - 12:15 UTC on March 4 2026. The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
XCU/USDT perpetual futures trading will open at 12:00 UTC on March 4, 2026.
CL/USDT perpetual futures trading will open at 12:15 UTC on March 4, 2026.
II. Perpetual futures trading
Copper is an essential industrial metal used worldwide. Copper prices are followed in financial markets around the globe and the metal is growing in popularity.
Full English Name: Copper
Abbreviation: XCU
Features | Details |
Underlying | XCU/USDT index |
Settlement crypto | USDT |
Face value | 1 |
Price quotation | 1 XCU 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 | 8 hours |
Trading hours | 24/7 |
NYMEX WTI Crude Oil futures (CL) is the world’s most liquid crude oil contract.
Full English Name: Crude Oil
Abbreviation: CL
Features | Details |
Underlying | CL/USDT index |
Settlement crypto | USDT |
Face value | 0.1 |
Price quotation | 1 CL 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 | 8 hours |
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
March 4, 2026