Timothy Morano
Nov 11, 2025 09:29
OKX has announced the listing of USDT-margined perpetual futures for ALLO, launching on November 11, 2025, with up to 50x leverage and 24/7 trading availability.
In a strategic move to expand its derivatives offerings, OKX has announced the listing of USDT-margined perpetual futures for the ALLO cryptocurrency. The new trading option is set to go live at 4:45 pm UTC on November 11, 2025. This development is part of OKX’s ongoing efforts to enhance its trading platform by providing more diverse investment opportunities.
Trading Features and Specifications
The ALLO/USDT perpetual futures contract will be available with a leverage range from 0.01x to 50x, allowing traders to maximize their positions based on their risk appetite. The contract will use USDT as the settlement currency, with the face value of each contract set at 10 USDT. Price quotations will reflect the value of 1 ALLO calculated in USDT.
OKX has also detailed the funding rate mechanism, which involves a clamp that includes the average premium index and an interest rate adjustment. The funding rate will be capped within a range of 1.50% to -1.50%. For situations where the funding rate reaches its cap or floor, the settlement period will be adjusted to hourly intervals. Further details can be found in OKX’s product documentation.
Round-the-Clock Trading
Traders will benefit from continuous access to the market, as the ALLO/USDT perpetual futures will offer 24/7 trading. This feature is aligned with the global nature of cryptocurrency markets, which operate beyond traditional financial market hours.
According to OKX, this listing will be available across their web and app interfaces, as well as through their API. The exchange recommends users check the availability of this product in their region via the OKX platform.
This initiative by OKX is seen as part of a broader trend among cryptocurrency exchanges to diversify their offerings. Perpetual futures have become increasingly popular as they allow traders to speculate on price movements without expiration dates, providing both flexibility and risk management options.
For more comprehensive details, traders are encouraged to refer to the official announcement by OKX.
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