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OKX Launches USDT-Margined Perpetual Futures for DASH and ZEC: Privacy Coins Gain Leverage

OKX exchange logo displayed on a phone screen, highlighting the launch of USDT-margined perpetual futures for DASH and ZEC.

On November 6, 2025, OKX, a leading cryptocurrency exchange, announced the launch of USDT-margined perpetual futures contracts for DASH and ZEC, enhancing trading options for privacy-focused altcoins, per Bitcoin Sistemi EN and CoinDance. DASHUSDT trading begins at 11:00 UTC, followed by ZECUSDT at 14:15 UTC, accessible via web, mobile app, and API, per. This move, amid a $3.8T global crypto market cap, aims to boost institutional and retail interest in privacy coins, offering up to 50x leverage with USDT collateral, per.

Contract Specifications and Funding Mechanics

Both contracts feature a tick size of 0.01, priced based on the USDT equivalent of 1 DASH or 1 ZEC, with 24/7 trading, per. The funding rate, calculated from the average premium index and interest differential, caps at ±1.5%, charged every four hours under normal conditions, reducing to one hour if thresholds are hit, per. OKX emphasizes risk control through detailed product documentation, including price index and liquidation mechanisms, per. X posts from @CoinDance_cc confirm the announcement, linking to OKX’s official notice, per [post:10].

Privacy Coins' Market Context and Potential Impact

DASH and ZEC, known for privacy features like PrivateSend and zk-SNARKs, have seen renewed interest amid regulatory scrutiny on anonymous transactions, per. DASH trades at $42.21, up 15.88% daily, while ZEC holds at $272.91, up 19.93%, per CoinCarp. The listings could amplify volatility, with DASH’s historical 822% pump in October 2025 highlighted in X threads, per [post:11]. OKX’s expansion follows delistings of privacy coins like XMR and DASH on other platforms in 2023, signaling a shift toward regulated derivatives, per [post:16].

Trading Strategies and Risk Management

Traders can leverage 0.01x to 50x on isolated margins, using 4% of futures deposit for risk management, per [post:11]. Support levels for DASH at $40.76 and targets at $45.50–$49.15 suggest potential 95%+ gains in short-term setups, per [post:11]. For ZEC, monitor $260 support amid $1B+ open interest in similar futures, per Deribit data. Dollar-cost average into DASH or ZEC with stop-losses at 4–5% below entry, or diversify into USDT to hedge volatility, per TradingView. Follow @TheBlock__ on X for updates. These listings could drive $100M+ in new volume, per, boosting privacy coin adoption in 2025.

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