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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 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 8 Dec 2025Updated on 8 Dec 2025Product documentationOKX 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 12 Oct 2024Updated on 9 Feb 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 23 Oct 2024Updated on 9 Feb 2026AnnouncementsX 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 5 Dec 2025Updated on 24 Mar 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 28 Oct 2025Updated on 28 Oct 2025AnnouncementsOKX 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 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 24 Oct 2025Updated on 17 Nov 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 to list pre-market futures for X crypto
$X will be widely used in the X empire. Asset name: X empire Ticker: X Website: https://xempire.io/ Twitter: https://x.com/xempiregame Check X empire Price: https://www.okx.com/price/x-empire-x Pre-market Futures OKX Pre-market Futures allows you to trade expiry futures on crypto that have not yet been officially listed. These pre-market futures are USDT-margined and are usually delivered before the new crypto is listed on the spot market.Published on 11 Oct 2024Updated on 9 Feb 2026Announcements