New Trading Option for Horizen (ZEN)
Cryptocurrency exchange OKX has announced the official launch of its ZEN/USDT (Horizen) futures contract, set to be available for trading on November 3, 2025. The contract will be accessible on the OKX web platform, mobile application, and through its API, commencing at 2:00 PM.
This new product will provide users with the ability to trade the Horizen (ZEN) asset with a leverage of up to 50 times. The introduction of this contract aims to expand trading options and enhance liquidity for users interested in the Horizen ecosystem.
Contract Specifications and Features
The ZEN/USDT futures contract comes with specific parameters designed for trading. The contract value is set at 0.1 ZEN, and all pricing will be denominated in USDT. A key feature is the funding fee, which will be calculated every 4 hours. The funding rate is variable and can fluctuate within a range of ±1.5%, adapting to prevailing market conditions.
Understanding Horizen (ZEN)
Horizen is recognized as a blockchain ecosystem that focuses on delivering privacy and scalability solutions. It achieves this through its innovative sidechain technology, which allows for the creation of distinct, independent blockchains. The Horizen project empowers both companies and developers by providing them with the tools and infrastructure to build their own private or public blockchains, as well as decentralized applications (dApps).
OKX's Commitment to Users
OKX stated its commitment to offering a diverse range of trading products and services. With the introduction of the ZEN/USDT futures contract, the exchange aims to provide its users with more trading opportunities and improved liquidity. A spokesperson for OKX commented, “We will continue to provide our users with the best products and services.”