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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 16 Dec 2020Updated on 13 Apr 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 3 Aug 2018Updated on 17 Nov 2025AnnouncementsHow 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 18 Jun 2024Updated on 27 Jan 2026FAQ34X Layer FAQ
How do I use the X Layer address?Published on 29 Jan 2026Updated on 11 Feb 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 21 Oct 2025Updated on 18 Dec 2025FAQ12Completion 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 28 Oct 2025Updated on 28 Oct 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 19 Sept 2024Updated on 18 Nov 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 22 Aug 2023Updated on 17 Nov 2025AnnouncementsX 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 27 Oct 2025Updated on 28 Oct 2025AnnouncementsAnnouncement on X Layer Mainnet Technical 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 24 Oct 2025Updated on 28 Oct 2025AnnouncementsOKX Web3 announcement on the X Layer bridge
We will keep expanding the X Layer ecosystem, and X Layer will continue to provide you with high-quality products and services! OKX Web3 team Aug 8, 2025Published on 8 Aug 2025Updated on 12 Sept 2025AnnouncementsOKX x McLaren: Digital Collectibles FAQs
X Layer uses improved zk-SNARK for more compact and cost-effective transactions, and dramatically reduces transaction fees, making it affordable for users to engage with their digital assets. X Layer is Integrated with both OKX exchange and OKX Wallet. With McLaren NFT on X Layer, McLaren fans will be able to connect with over 50 million active crypto-native builders and creators on the X Layer and OKX platform, and have access to the gateway of web3 world.Published on 5 Jun 2024Updated on 8 Sept 2025FAQ6OKX X Layer will discontinue the Swap product
We warmly welcome more community DEX deployments to further enrich the X Layer ecosystem. OKX Team May 14, 2024Published on 14 May 2024Updated on 17 Nov 2025AnnouncementsOKX x McLaren NFT Sweepstakes Terms & Conditions
losses you or other third parties suffer that arise from force majeure events caused by unforeseeable, unavoidable, and/or unsolvable objective circumstances.Published on 25 Apr 2024Updated on 8 Sept 2025FAQ607OKX Wallet has supported X Layer network
Use OKX DEX to swap crypto on the X Layer network and make cross-chain transactions between X Layer and ETH. Use OKX Discover to explore various protocols on the X Layer network. X Layer will also be available on OKX NFT Marketplace today. And DeFi will also be ready soon,Stay tuned! OKX team April 16, 2024Published on 16 Apr 2024Updated on 17 Nov 2025Announcements