KuCoin Futures to convert pre-market futures to standard perpetual futures for OPN crypto
03/05/2026, 17:30:02
Dear KuCoin Users:
KuCoin Futures will complete the conversion of the Pre-Market Trading of the OPN USDⓈ-Margined Perpetual Contract to the Standard OPNUSDT USDⓈ-Margined Perpetual Contract by 13:10 on March 5, 2026 (UTC).
Trading activities and existing positions will remain unaffected throughout the conversion process.After the conversion is completed, the OPN Standard Perpetual Contract will support up to 30x leverage, and the risk limit parameters will also be updated. Please adjust your trading strategies in advance. The basic parameters of the contract are as follows:
| Settlement crypto | USDT |
| Capped Funding Rate | +2% / -2% |
| Funding Fee Settlement Frequency | Every Four Hours |
| Contract size | 1 Contract = 1 OPN |
| Tick size | 0.0001 |
| Maximum leverage | 30x |
The mark price formula during the migration transition period is as follows. For more details, please refer to the Help Center.
* Depending on market risk conditions, KuCoin may adjust the parameters from time to time. This includes, but is not limited to, the tick size, maximum leverage, and maintenance margin rate.
Quick Start Tutorial for Futures Trading:
Risk Warning: Futures trading is a high-risk activity with the potential for huge gains and huge losses. Previous gains do not indicate future returns. Severe price fluctuations may result in the forced liquidation of your entire margin balance. This information should not be regarded as investment advice from KuCoin. All trading is done at your own discretion and your own risk. KuCoin is not liable for any losses resulting from Futures trading.
Thank you for your support!
The KuCoin Team
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