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Introduction to the Forced Repayment and Auto Crypto Conversion Mechanisms
In using OKX’s services, you agree that you may be subject to the Forced Repayment Mechanism in the aforesaid or analogous situations. It is described in further detail below.How do the Forced Repayment Mechanism ("FRP") and Auto-Crypto Conversion work?User Based FRP 1.Published on Dec 16, 2020Updated on Apr 13, 2026Product documentationRegarding the Forced Liquidation Incident on Jul 31, 2018
In order to prevent socialized clawbacks from occurring, we have been working really hard to optimize our risk management system, such as launching price limit rules, early forced liquidation system, forced liquidation order price adjustment and more. There have been malicious rumors accusing us of manipulating the forced liquidation system. We hereby would like to point out the fact that, most of the similar price movements in the market are caused by forced liquidation orders.Published on Aug 3, 2018Updated on Nov 17, 2025AnnouncementsIntroduction to the Forced Repayment and Auto Crypto Conversion Mechanisms (EEA)
In using OKX’s services, you agree that you may be subject to the Forced Repayment Mechanism in the aforesaid or analogous situations. It is described in further detail below.How does the Forced Repayment Mechanism ("FRP") and Auto-Crypto Conversion work?Platform Based FRP OKX imposes a dynamic Platform borrowing limit for each cryptocurrency.Published on Dec 8, 2025Updated on Dec 8, 2025Product documentationHow do I apply for the OKX Market Forced Royalty Contract?
What's Forced Royalty Contract? OKX Web3 Wallet Forced Royalty Contract provides a complete end-to-end solution for your collection, ensuring that 100% of royalties are collected on every transaction in the secondary market. To enable this feature, you must allow your collection to be traded exclusively on the Web3 Wallet Marketplace.How do I apply for the OKX Market Forced Royalty Contract?Published on Jun 18, 2024Updated on Jan 27, 2026FAQ34OKX to list X (X empire) for spot trading and deliver pre-market futures for X crypto
Listing Timeline OKX is pleased to announce the listing of X (X empire) on our spot trading market. Please take note of the following schedule: X deposits will open at 12:00 pm UTC on Oct 15, 2024. X call auction will take place from 11:00 am to 12:00 pm UTC on Oct 24, 2024. X/USDT spot trading will open at 12:00 pm UTC on Oct 24, 2024. X withdrawals will open at 10:00 am UTC on Oct 25, 2024.Published on Oct 12, 2024Updated on Feb 9, 2026AnnouncementsOKX has completed distributing X Empire (X) airdrop
We have completed the distribution of X Empire (X) token airdrops to users as per the project team's allocation. Allocated tokens have been deposited to your funding account automatically. Details pertaining to X spot listing can be found in the announcement here. Join our X Empire Bonus campaign now for a chance to share the 1.65B X Empire (X) prize pool. OKX team October 23, 2024Published on Oct 23, 2024Updated on Feb 9, 2026AnnouncementsX Layer FAQ
How do I use the X Layer address?Published on Jan 29, 2026Updated on Feb 11, 2026FAQ8USDG on X Layer FAQ
How can I get USDG on X Layer and what are my options? There are four main ways to get USDG on X Layer: OKX Exchange: trade for USDG directly and move it to X Layer seamlessly Cross-Chain Bridges: if you already hold USDG, you can bridge it over from other networks instantly DEXs: swap for USDG right inside X Layer's growing DeFi ecosystem Lending Protocols: supply your USDG to earn yield or use it as collateral You can also buy USDG directly here. 2.Published on Oct 21, 2025Updated on Dec 18, 2025FAQ12X Drops Club United States
The Eligible Tokens and asset thresholds required will be specified in detail in the relevant X Drops Club campaign terms and conditions. 2. Each X Drops Club campaign has a specific start date and end date (the "Promotion Period"). Please review the latest X Drops Club FAQ page for the applicable Promotion Period. 3. By accessing the event page and participating in this event, you are deemed to have read, understood, and agreed to be bound by these Terms and Conditions. 4.Published on Dec 5, 2025Updated on Mar 24, 2026FAQCompletion of X Layer Mainnet Upgrade
X Layer is a permissionless blockchain. It has no control over and is not responsible for the services of third-party platforms built on X Layer. Not all products are offered in all regions. For more information, please refer to the X Layer Terms of Service.Published on Oct 28, 2025Updated on Oct 28, 2025AnnouncementsBorrow in spot mode
There might be scenarios where user-based forced repayment or platform-based forced repayment is triggered and assets are sold to repay liabilities. For more details, refer to Forced repayment.Published on Sep 19, 2024Updated on Nov 18, 2025Product documentationOKX Wallet to Launch OKX DeFi x Lido x Cryptopedia Season 6 Yield Boost Campaign
Dear OKX customers, OKX is pleased to announce the upcoming launch of the OKX DeFi x Lido x Cryptopedia Season 6 Yield Boost Campaign on August 22, 2023, at 10am (UTC). By participating in and completing the interactive quests of Lido-ETH through OKX DeFi, you will have a chance to share a prize pool of $100,000 worth of stETH. If you participate in Cryptopedia Season 6, you also have a chance to share the $20,000 worth of DAI rewards. 1.Published on Aug 22, 2023Updated on Nov 17, 2025AnnouncementsOKX to support BABYDOGE on the X Layer chain
To expand multi-chain access and better meet users’ trading needs, OKX is pleased to announce support for BABYDOGE deposits and withdrawals on the X Layer chain, offering users greater flexibility and an enhanced on-chain experience. As part of the ongoing X Layer PP upgrade and OKB gas optimisation, BABYDOGE support on the OKTC chain will be gradually sunset.Published on Dec 31, 2025Updated on Feb 11, 2026AnnouncementsX Layer Mainnet Upgrade Has Commenced
X Layer is a permissionless blockchain. It has no control over and is not responsible for the services of third-party platforms built on X Layer. Not all products are offered in all regions. For more information, please refer to the X Layer Terms of Service.Published on Oct 27, 2025Updated on Oct 28, 2025AnnouncementsOKX to support X Layer network upgrade
We'll be supporting the X Layer (OKB) network upgrade. We’ll suspend deposits and withdrawals of X Layer (OKB) and tokens belonging to the network at 02:00 pm UTC on October 27, 2025. The services will resume once the upgraded network is stable without further announcement. If you hold any OKB and tokens belonging to the X Layer network in your account, you don’t need to do anything during the upgrade period.Published on Oct 24, 2025Updated on Nov 17, 2025Announcements