Introduction to Trading Account Auto Earn and Its Rules

What is Trading Account Auto Earn?

• Auto Earn allows you to automatically put your trading account assets to work, either through lending or staking, without manual subscription once turning the switch on. You can still use those funds as collateral and margin.

• Key benefit: grow rewards automatically without compromising your trading

• Two types of Auto Earn: Auto Earn (Lending) and Auto Earn (Staking).

How Trading Account Auto Earn works?

Trading Account Auto Earn (lending)

• Trading Account Auto-Earn (lending) lets you earn interest by automatically lending out your funds if your cross equity is positive. Crypto assets from Auto Earn (lending) will be loaned to margin traders and flexible loan borrowers.

• Eligible Asset: USDT, USDC

Trading Account Auto Earn (staking)

• Trading Account Auto-Earn (staking) lets you earn rewards by automatically staking your funds on-chain if your cross equity is positive.

• Eligible Asset: ETH, SOL

Basic Rules of Trading Account Auto Earn

• Earning balance is calculated based on users cross equity and available auto earn limit.

• Supported account levels: VIP 1 to VIP 8

• Supported account modes: Spot Account Mode, Futures Account Mode, Multi-Currency Margin Mode, Portfolio Margin Mode

• Main account quota:

Detailed rules of Trading Account Auto Earn (lending)

Interest calculation and distribution

You can turn on Auto-earn at any time. Once it’s on, your funds are included in the hourly lending cycle. The minimum APR is fixed at the platform minimum for each crypto, and funds are lent out in the order Auto-earn is turned on. The lending order is determined by the order in which Auto-earn is turned on. If you turn it on later, your funds may not be lent out to earn interest, depending on market demand.For users whose lending offers are successfully matched on the hour T, the hourly interest for the corresponding loan amount from T to T+1 will be distributed on the hour T+1.15% of the interest will be deposited as margin and 85% will be distributed to trading account auto earn users. Actual interest = Actual loan amount * Current APR/365/24 * 85%.

Source and use of margin

15% of the interest paid by margin traders will be deposited as margin to cover potential losses. OKX reserves the right to use the 15% interest for other purposes.In the event that the margin cannot cover potential losses, a maximum of 50% of the relevant users' daily interest will be appropriated to cover the outstanding loss so as to ensure users receive interest every day. The remaining outstanding loss will be temporarily covered by the platform and this amount will be gradually deducted from margin and daily interest in the future.

Minimum balance requirement for interest generation of Auto Earn

1. Crypto price ≥ 1,000 USDT: 0.0001

2. 100 USDT≤ Crypto price < 1,000 USDT: 0.001

3. 10 USDT≤ Crypto price < 100 USDT: 0.01

4. 1 USDT≤ Crypto price < 10 USDT: 0.1

5. Crypto price < 1 USDT: 1

Note: Crypto prices are updated at 4:00 PM UTC every day.

Detailed rules of Trading Account Auto Earn (staking)

Rewards Calculation and Distribution

If you turn on Auto-earn after 01:00 UTC, your funds will be staked the following day. ETH staking rewards are paid to your trading account every 1 day, while SOL staking rewards are paid to your trading account every 2 ~ 3 days.Your rewards are based on the cross equity of your staked crypto and are calculated using hourly snapshots of your trading account.Reward payout = Average Auto-earn balance during reward period × Hourly reward rate × Hours in reward period

Fees

We charge a service fee to cover blockchain network costs. This fee varies by crypto, and your APR is calculated after the fee is deducted.

• For SOL, we charge a 1% service fee, which includes gas fees.

• For ETH, we charge a 5% service fee on rewards, which includes gas fees.

Minimum staking amount

The minimum staking amount for ETH is 0.001 ETH. The minimum staking amount for SOL is 0.01 SOL.

Switch on and switch off

1. Switch on

By default, Trading Account Auto Earn is not enabled in users’ accounts. Users can switch on Auto Earn in trading accounts at any time as long as there is positive cross equity in users' trading accounts.

1. Switch off

You can turn off Auto-earn at any time after it’s been on for at least 24 hour. Note that while Auto-earn is on, you can’t transfer or withdraw funds eligible for auto earn.
To enable Auto-Earn or view historical earnings data, go to the asset tab on the trading page or the trading account asset page. For VIP users, when the cross equity of supported tokens is positive, an Auto-Earn button will be available in the trading account asset tab.

Quota Rules

The individual earning quota for Auto Earn in trading accounts is set at the main account level and is shared among main and sub-accounts. OKX may, at its sole discretion, adjust the individual subscription and redemption limits for Auto Earn in trading accounts, as well as the total Auto Earn limit for trading accounts, based on actual market conditions and risk levels.

The total amount users can use for subscription is determined by the user's cryptocurrency equity and the remaining available earning quota. The main account quota is allocated across main and sub-accounts by the order in which you turn on Auto-earn for each account (from earliest to latest). Note that each account’s available quota may change in real time based on the quota usage of your other accounts.