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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 documentationBorrow 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 documentationCompletion 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 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 31 Dec 2025Updated on 11 Feb 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 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 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 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 2025AnnouncementsOKX Brasil x McLaren Racing Trading Campaign
1. Campaign Organizer OKX Serviços Digitais Ltda., a limited liability company registered in Brazil under CNPJ no. 50.459.025/0001-26, with its registered office at Avenida Brigadeiro Faria Lima, n. 4055, floor 101, room 01-103, Itaim Bibi, in the City of São Paulo, State of São Paulo, ZIP Code 01318-903 ("OKX Brazil"). For the avoidance of doubt McLaren Racing Limited is not the Campaign...Published on 15 Feb 2024Updated on 17 Nov 2025AnnouncementsOKX to delist GF margin trading pairs and perpetual futures
A forced payment will be triggered if unpaid borrowings remain due by the delisting time. Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading the pairs listed above and close all underlying positions in advance.Published on 17 Apr 2024Updated on 17 Nov 2025AnnouncementsOKX to delist several margin trading pairs and perpetual swaps
A forced payment will be triggered if unpaid borrowings remain due by the delisting time. Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading the pairs listed above and close all underlying positions in advance.Published on 2 Feb 2024Updated on 17 Nov 2025AnnouncementsOKX to delist WSM margin trading pairs and perpetual futures
A forced payment will be triggered if unpaid borrowings remain due by the delisting time. Please note: Prices may experience extreme fluctuations. To avoid losses caused by forced repayment, we recommend you stop trading the pairs listed above and close all underlying positions in advance.Published on 30 Jan 2024Updated on 17 Nov 2025Announcements