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OKX reports the deployment of SMH, EWZ, RIVN, DKNG, and RDDT stock perpetual swaps across its web, App, and API interfaces. These instruments become available to users in eligible jurisdictions starting at 17:00 Beijing time on June 18, with staggered launch windows ranging from 17:00 for SMH/USDT to 18:00 for RDDT/USDT.
All contracts utilize USDT for settlement and operate on a 24/7 trading schedule. The funding fee mechanism is structured with an 8-hour settlement period, aligning with standard perpetual swap mechanics to maintain price discovery efficiency.