We are pleased to announce that USDT-margined perpetual futures for ZEN will be enabled at 6:00 am UTC on November 3, 2025. The updates will cover both the web and app interfaces as well as the API. The details are as follows:
I. Listing schedule
ZEN/USDT perpetual futures trading will open at 6:00 am UTC on November 3, 2025.
II. Perpetual futures trading
Horizen is a blockchain ecosystem focused on privacy and scalability through side chains. It enables businesses and developers to create their own public or private blockchains and decentralized applications on its distributed network.
Full English Name: Horizen
Abbreviation: ZEN
Official Website: https://www.horizen.io/
Twitter: https://x.com/horizenglobal
Features | Details |
Underlying | ZEN/USDT index |
Settlement crypto | USDT |
Face value | 0.1 |
Price quotation | 1 ZEN value calculated in USDT equivalent |
Leverage | 0.01-50x |
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 | 4 hours If the funding rate of a perpetual future reaches the funding fee cap or floor when funding fee is charged or paid, the perpetual’s funding fee settlement period will automatically be adjusted to hourly settlement. Learn more from our product documentation |
Trading hours | 24/7 |
USDT-margined perpetual futures trading: OKX Perpetual Futures Trading User Agreement
OKX team
November 3, 2025