{"id":5303,"date":"2024-01-27T17:00:00","date_gmt":"2024-01-27T10:00:00","guid":{"rendered":"https:\/\/www.globenewswire.com\/news-release\/2024\/01\/27\/2818349\/0\/en\/Flash-News-OKX-to-optimize-funding-rate-calculation.html2818349"},"modified":"2024-01-27T17:00:00","modified_gmt":"2024-01-27T10:00:00","slug":"flash-news-okx-to-optimize-funding-rate-calculation","status":"publish","type":"post","link":"https:\/\/cryptoinsider.asia\/vi\/flash-news-okx-to-optimize-funding-rate-calculation\/","title":{"rendered":"Flash News: OKX to optimize funding rate calculation"},"content":{"rendered":"\n<p align=\"start\">SINGAPORE, Jan. 27, 2024 (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0wf9emPNnhZk2_c2D7husq6WEv8kt8gw07IAZqbhSvaOemt31DZkPJFM5BU3dYDq\" rel=\"nofollow noopener\" target=\"_blank\" title=\"OKX\">OKX<\/a>, a leading Web3 technology company, today announced an upgrade to the way funding rates are calculated on perpetual swap contracts on the OKX trading platform.<\/p>\n<p align=\"start\">The new funding rate calculation mechanism utilizes a combination of historical funding rates and current premium indexes to provide improved stability during periods of market volatility. The optimized formula aims to offer a balanced, sustainable funding rate environment for traders.<\/p>\n<p align=\"start\">The recalibrated funding rate calculation applies to all new perpetual swap contracts opened on OKX. Existing perpetual swaps will not be affected. OKX will continue monitoring funding rate performance to ensure optimal alignment with market conditions.<\/p>\n<p align=\"start\">To learn more about the calculations, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iT4N0GC1vrHAicUsm8jCMA2Ebc0hnml8Ln04g0yYvyZvgSph-WIMRu_Ini2eAHTTpWJtsyEUgeuqncXTABhXTsmjJ7SPbtzAfSc4Xn9_u39cW0WpB9TnUwRUoySmZNDr\" rel=\"nofollow noopener\" target=\"_blank\" title=\"OKX\">OKX<\/a>.<\/p>\n<p align=\"start\"><strong>For further information, please contact:<\/strong><\/p>\n<p align=\"start\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3Oirffi3QpscgF3xP-gbtSaRed_TRQWnU5p2VWbk74RcTLp9Ig6wp3errCq80aT5-medLEfxC8CJzL7MmW_fmg==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Media@okx.com\">Media@okx.com<\/a><\/p>\n<p align=\"start\"><strong>About OKX<\/strong><\/p>\n<p align=\"start\">A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lWBpYsLu1uZUgpG8SQdG4cBVgZDf46f_VNqSI2XuYtLrRVjx-JXUurnLEfMxHXRIXKFE3JyQyCHA2uHGo71UgQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"OKX Wallet\">OKX Wallet<\/a>: The world&#8217;s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wAprRGtRisHZmJ8HyZUSfl_LnB-4haCjNZdYULsd-C0HXAQ1RoBx4ebSAomQchH7uf3YSWwDF8NaudKWWPCJrk5KhwxbDvvPP6sO_xUmAKePDMzg790wQo6B0uyVGkYSSCrTKtHr2uU6m7uBuNLCUQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"MPC technology\">MPC technology<\/a> which allows users to easily recover access to their wallet independently, removing the need for traditional, &#8216;written down&#8217; seed phrases. In addition, OKX Wallet\u2019s account abstraction-powered <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FAKiKJTRxKUaSH18gxfnZ4_QEc5N7FMhU8_DJurXlR5W3JaKnxOdS4-uMnpq--y6uM9W1417wK05HKFS6rHW_HrAZ6D1g7SyKXapZOcGWYmCYlzOv7m7B8IInUcCvqBx\" rel=\"nofollow noopener\" target=\"_blank\" title><em>Smart Account<\/em><\/a> enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.<\/li>\n<li><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=UpLCHmi-bMWzMDZxpNdpvbwoOCD7rZG99jTOch5d9Yod5MxUuhZBInTjsHWE-HlDHJwCaxy5SBbAgymBuqfjvw==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"DEX\">DEX<\/a>: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.<\/li>\n<li><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Jm7M6Wv1WgYoRslVn9JNAxmQeXdS_9m4Ro2oULp5JkUz05ISN8geLqOMYfzr6zoUoDWdR3MlB_Fk3gHmgiZOhw44WehHpORHuMsG2L3eDa8=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"NFT Marketplace\">NFT Marketplace<\/a>: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.<\/li>\n<li><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Tiil-45r-OPei6GOettxxtBgKctjp67oJcu9TktjslnAZyZO3QR8WMWy9Q2Oex70KjFrj5QIOY8w_vp2T2qtQQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"Web3 DeFi\">Web3 DeFi<\/a>: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.<\/li>\n<\/ul>\n<p align=\"start\">OKX partners with a number of the world&#8217;s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.<\/p>\n<p align=\"start\">As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6xQwu2wi6hDWiOvQySRR_lb3hQY4ACVAJDPpMkS-RYRqrsGHlC47olMK0UheN-SHnMiYBw1rnHg7OrgyW6BnsO3X5C0KW01SBob3hkjxTaHkrw0kTUSWuH-uxv2gFIK8wDrImkrBoQS3Kb_aPzaOB4KAeQqmYN8uu51RLiCjA_FdYgCNAMi_tu_iIRlNNiTD\" rel=\"nofollow noopener\" target=\"_blank\" title=\"The System Needs a Rewrite\">The System Needs a Rewrite<\/a>, which advocates for a new paradigm led by Web3 self-managed technology.<\/p>\n<p align=\"start\">To learn more about OKX, download our app or visit: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lWLQhysALXEwBxYKCM45rwrumVJtAgX6ShlPZeHIGWTN6N3OgPEuyoe5G9FqE3gI3xHy68Rc4Lfli-a4GKdGc6qq4O5_H8lxfJjeGaJVwLK9x_qgdhIM0boRqGqhPSkuTOB4jSelDAvXbtGeKaYprRlIW0kmNjIoEBGj6a6T6UjRiFzOv5-U0OBB7ihm0ulhydsXgMiIlmGCu3NvlkWn0PmMcpv2FvFjJgonr9wPHdyNqTLlmtdDmPz15azO7VyAqBBd85YJSRoHppSAgi_CPOuo5t7Qx-FdMfVEVTKQUtl4grn7fcPRaU7YpStaEmh-V5GVZlhNlk0Ry7cvuWEMohBkLlT8tlMOCnySdu_Mp5_dEKQ5sVIBLM3xLDKQBxFYXJ-IRiWLsaG5XKggpzXsFBFYVTZgTZ8moblO51EKSMw=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"okx.com\">okx.com<\/a> <\/p>\n<p align=\"start\"><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ht6tAauuJ4G5BxFHPGFXUK0aadLhpDWTy0YmNDIZSwFYrlwGEJASOPLule8YqQnwE8X_JFxQePvaG9d2FURee1G8UZwVinFnt-9kwhYzVkdfmBIoyE-S0gm-SR_eAs-knH7EJwXDYuUX2hrGSFD7xqL6LGGcKHUnzZeIyuHZKOoQ5QYnV_xAYU-XCyEfWo26U5wRVw5uCtxH48_f7yYPiXw5ectfdUP_gjravdzrTXv7GS86mTa4d2RTnG20QZoE\" rel=\"nofollow noopener\" target=\"_blank\" title><strong><u>Disclaimer<\/u><\/strong><\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YWQyMTMzZGMtODY5Mi00NmQwLWI4MDUtOTU2MDliY2JhZTA4LTEyNzQzNTk=\/tiny\/OKX.png\" referrerpolicy=\"no-referrer-when-downgrade\"> <\/p>\n","protected":false},"excerpt":{"rendered":"<p> SINGAPORE, Jan. 27, 2024 (GLOBE NEWSWIRE) &#8212; OKX, a leading Web3 technology company, today announced an upgrade to the way funding rates are calculated on perpetual swap contracts on the OKX trading platform. The new funding rate calculation mechanism utilizes a combination of historical funding rates and current premium indexes to provide improved stability during periods of market volatility. The optimized formula aims to offer a balanced, sustainable funding rate environment for traders. The recalibrated funding rate calculation applies to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":5304,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[75,1406],"tags":[],"class_list":["post-5303","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-globenewswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Flash News: OKX to optimize funding rate calculation<\/title>\n<meta name=\"description\" content=\"SINGAPORE, Jan. 27, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, today announced an upgrade to the way funding rates are calculated on perpetual swap contracts on the OKX trading platform. The new funding rate calculation mechanism utilizes a combination of historical funding rates and current premium indexes to provide improved stability during periods of market volatility. The optimized formula aims to offer a balanced, sustainable funding rate environment for traders. 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The optimized formula aims to offer a balanced, sustainable funding rate environment for traders. The recalibrated funding rate calculation applies to...","og_locale":"vi_VN","og_type":"article","og_title":"Flash News: OKX to optimize funding rate calculation","og_description":"SINGAPORE, Jan. 27, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, today announced an upgrade to the way funding rates are calculated on perpetual swap contracts on the OKX trading platform. The new funding rate calculation mechanism utilizes a combination of historical funding rates and current premium indexes to provide improved stability during periods of market volatility. The optimized formula aims to offer a balanced, sustainable funding rate environment for traders. 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