# OKX Opens XDP Spot Trading and Perpetual Futures With 20x Leverage

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/25576
Published: 2026-09-30T01:33:08.000Z
Updated: 2026-09-30T01:33:08.000Z
Section: Investing

> Spot trading began Sept. 28 after a one-hour call auction, followed by a USDT-settled perpetual contract available around the clock.

OKX opened spot and perpetual trading for Doppler Finance’s XDP token on Sept. 28, giving the asset both a direct market and a leveraged derivatives market on the exchange.

XDP/USDT spot trading began at 9 a.m. ET (13:00 UTC) after a one-hour call auction. Deposits opened at 11 p.m. ET on Sept. 27, while withdrawals became available at 11 a.m. ET on Sept. 28.

The USDT-margined XDP perpetual contract went live at 10 a.m. ET (14:00 UTC). It trades 24/7, supports leverage from 0.01x to 20x and uses the XDP/USDT index as its underlying. Funding fees settle every four hours.

OKX applied special opening controls to the spot market, including a five-minute period after the call auction when market orders were unavailable. Product availability may vary by region.

XDP is Doppler Finance’s native utility and governance token. The project is building infrastructure for tokenized capital markets, including yield, collateral utility and tokenized real-world assets. Its stated total supply is 10 billion XDP.
