Dear XTers,
XT will list HOODXUSDT (supporting up to 10X leverage) USDT-M perpetual futures at 08:00 on July 10, 2025 (UTC).
The HOODXUSDT perpetual futures support isolated margin mode only. Funding fees are charged every 4 hours. Mark price and index price are calculated based on token data aggregated from multiple exchanges. These futures support 24/7 trading, allowing users to flexibly go long or short using their preferred leverage.
[Token HOODX]
Robinhood xStock (HOODx) is a tracker certificate issued as Solana SPL and ERC-20 tokens. HOODx tracks the price of Robinhood Markets, Inc. (the underlying). HOODx is designed to give eligible cryptocurrency market participants regulatory-compliant access to the stock price of Robinhood Markets, Inc., whilst maintaining the benefits of blockchain technology.
- Based on market risk conditions, XT may adjust the specifications of the HOODXUSDT perpetual futures from time to time, which include the tick size, maximum leverage, initial margin, and maintenance margin requirements.
- The funding rate settlement cycle for mainstream cryptocurrencies is set to 8 hours by default. For smaller cryptocurrencies, the funding rate settlement cycle may be 4 hours or 2 hours. When the rate is too high, the platform will dynamically adjust the funding rate settlement cycle based on the index and the upper and lower limits of the funding rate, in order to ensure market fairness and stability.
- Digital assets futures trading is highly professional and subjects to high market risk. While bringing you huge returns, it may also cause forced liquidation to all your margin due to drastic price fluctuations. Please note that all trading strategies are at your own discretion and risk and always make rational judgments and prudent decisions. XT does not assume any responsibility for any losses you incurred due to the trading of futures.
Thank you for your support!
XT Team
July 10, 2025
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XT reserves the right, at its discretion, to change, modify, or remove portions of the announcement at any time by posting the amended version on the website.