Dear XTers,
XT will list OILUSDT (supporting up to 100X leverage) USDT-M perpetual futures at 12:00 on July 29, 2025 (UTC).
The OILUSDT perpetual futures supports only the isolated margin mode, with a funding rate charged every four hours. The mark price and index price are based on real-time quotes of the second front-month futures contract from the CME Group. With support for 23/5 trading, users can flexibly choose leverage levels to go long or short based on their preferences.
[Token OIL]
OIL is a tokenized asset that tracks the price of oil, backed by physical oil reserves or regulated financial derivatives. Designed to offer cryptocurrency market participants a compliant, transparent, and efficient channel for oil investment, it leverages the benefits of blockchain technology to enable 23/5 global trading.
XT.COM will continue to introduce more futures pairs along with related promotional campaigns. Stay tuned.
- XT.COM may adjust futures parameters (including tick size, max leverage, initial margin, and maintenance margin) based on market conditions.
- The default funding fee settlement cycle for major tokens is 8 hours. For smaller tokens, it may be 4 or 2 hours. If premiums become excessive, the platform may dynamically adjust the cycle using the premium index and funding rate caps to maintain fairness and market stability.
- Futures trading involves high risk and requires professional understanding. While it offers opportunities for significant gains, it also carries the risk of forced liquidation due to high volatility. All strategies are user-directed. XT.COM is not responsible for any losses incurred through the use of its futures products.
Thank you for your support!
XT Team
July 29, 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.