OKX The announcement stated that, from October 2 17: 30 to 18: 30（UTC+8), 5 stock perpetual contracts settled in USDT will be launched in batches. The contracts support 7×24-hour trading, and the funding rate is settled once every 8 hours.
PANews, citing The Block, reported that Ethena plans to use Binance bStocks as spot backing assets and hedge with stock perpetual contracts, incorporating tokenized U.S. equity basis trades into USDe backing strategy. Its risk committee had previously approved this allocation direction.
