# OKEx comes up with new derivatives contracts of ETC and LTC By Shampa Mani Canonical URL: https://www.tokenpost.com/news/investing/1008 Published: 2019-01-03T09:10:55.000Z Updated: 2019-01-03T09:10:55.000Z Section: Investing > Cryptocurrency exchange OKEx has announced the launch of the derivatives contracts for both Litecoin and Ethereum Classic. Cryptocurrency exchange OKEx has announced the launch of the derivatives contracts for both Litecoin and Ethereum Classic. The news was announced on OKEx’s [official blog post](). It follows the launch of [BTC](), [EOS](), [ETH](), [BCH]() and [BSV]() perpetual swaps. The key intricacies of newly launched perpetual swaps are as follows: Litecoin (LTC): Face Value of the Contract – US$ 10 Funding Rate- Clamp (MA (best buys+ best sell)/2- spot index/spot index price- interest), +0. 2,0/2 %). Price break-up - 0.01 point Leverage - 1-40x Fees and Settlement- Once every 12 hours at 3 am and 3 pm (CET, UTC+1) Ethereum Classic (ETC): Face Value of the Contract – US$ 10 Funding Rate- Clamp (MA (best buys+ best sell)/2- spot index/spot index price- interest), +0. 2,0/2 %) Price break-up - 0.001 point Leverage - 1-40x Fees and Settlement - Once every 12 hours at 3 am and 3 pm (CET, UTC+1) Perpetual Swap, [originally introduced by BitMEX](), is a derivative product that is similar to traditional future contracts but without any delivery date or expiry. ## Links in this article - [official blog post](https://support.okex.com/hc/en-us/articles/360021213192-ETC-LTC-Perpetual-Swap-Available) - [BTC](https://support.okex.com/hc/en-us/articles/360021132051-Perpetual-Swap-Officially-Launched-on-OKEx-Website-and-App) - [EOS](https://support.okex.com/hc/en-us/articles/360021294271-EOS-Perpetual-Swap-Available) - [ETH](https://support.okex.com/hc/en-us/articles/360021073212-ETH-Perpetual-Swap-Available) - [BCH](https://support.okex.com/hc/en-us/articles/360021343591-BCH-Perpetual-Swap-Available) - [BSV](https://support.okex.com/hc/en-us/articles/360021131652-BSV-Perpetual-Swap-Available) - [originally introduced by BitMEX](https://www.bitmex.com/app/perpetualContractsGuide)