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What's mark price vs last price vs index price?
X-Perps trading uses multiple price references. Understanding the difference is important because different functions may rely on different prices.What's last price? The last price is the price of the most recent executed trade in the market. It's useful for: seeing recent trade activity charting and short-term market behaviourWhat's index price? The index price is a reference price derived from...Published on Apr 15, 2026Updated on Apr 15, 2026FAQMetaverse Dualchain Network Architecture (DNA) Now Available
Dear valued customers, We are pleased to announce that Metaverse Dualchain Network Architecture (DNA) is now listed on OKX. Please take note of the following go-live schedule: 1. DNA Deposit - 07:00 May 28, 2020 (UTC); 2. DNA Spot Trading - (DNA /USDT, DNA /BTC markets) - 07:00 May 29, 2020 (UTC); 3.Published on May 26, 2020Updated on Nov 17, 2025AnnouncementsMulti-currency margin mode vs. Portfolio margin mode
Additionally, the delta position from spot assets can be included in the corresponding risk units For example, BTC spot assets in an account can be included in a BTC-USD or BTC-USDT risk unit for delta risk offsetting.Example of multi-currency margin mode vs. portfolio margin mode Note: Values are simulated using the position builder on 6th Feb 2025 Large delta neutral positions (favorable when in portfolio margin mode) Assets 10 BTC Positions BTCUSD-14Feb25 Futures: -35,000 contracts BTCUSDT PerpsPublished on Apr 13, 2023Updated on Jul 9, 2025Product documentationHow do I start trading X-Perps on OKX?
It covers: Placing a trade from the chart Placing a trade from the order panel Choosing limit vs market Setting take-profit / stop-loss (TP/SL) Reviewing liquidation price Cancelling an order if you change your mindBefore you place an X-Perps order Please make sure: The product is available to your account and region Your suitability assessment is completed (required before accessing X-Perps) You have selected the correct X-Perps contract Your funds are in the correct account path (most setups requirePublished on Apr 9, 2026Updated on Apr 15, 2026FAQOKX will list Umee’s UMEE token for spot trading
The Umee Blockchain facilitates interoperability for a Tendermint Proof of Stake protocol with the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols. Asset name: Umee Ticker: UMEE Total Supply: 10,000,000,000 Circulating Supply : 500,500,000 (2022.02.16) Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital.Published on Feb 16, 2022Updated on Nov 17, 2025AnnouncementsOKX to list MONAD (MON) on spot in EEA
These architectural elements collectively support the operation of the Monad blockchain and enable decentralized applications to run on the network.Institutional Focus Monad is designed to support blockchain applications that require reliable performance and scalable infrastructure. Potential use cases include decentralized trading platforms, financial infrastructure, tokenized assets, and other high-throughput applications.Published on Mar 23, 2026Updated on Mar 23, 2026AnnouncementsOKX to list Venom (VENOM) for spot trading
Venom is a Layer-0 blockchain building a sustainable and scalable infrastructure for corporate, government and Web3 applications by providing independent economies on mesh-network architecture. Asset name: Venom Ticker: VENOM Total supply: 7,200,000,000 Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only.Published on Mar 22, 2024Updated on Nov 17, 2025AnnouncementsWhy was my X-Perps order rejected?
Verify your available margin and account type (Funding vs Trading). Review order size, price, and trigger parameters. Check whether any risk-control or regional restrictions apply. Adjust the order and try again, if appropriate. If the issue continues, contact OK Assistant and share the details (product / contract, timestamp, order type, and a screenshot or error message if available) with our Customer support. To learn more about OKX products, visit here.Published on Apr 9, 2026Updated on Apr 15, 2026FAQHow do I withdraw and transfer funds between my Funding and Trading accounts for X-Perps?
Before placing an order, review: which account currently holds your funds (Funding vs Trading) whether your balance is marked as available for trading whether any funds are tied to open orders or positions whether a transfer between accounts is required and has been completedHow do I withdraw funds from my X-Perps account? Withdrawals on OKX are handled through the Withdraw flow and are typically initiated from the Funding account.On the app Go to Assets / Portfolio Select Withdraw.Published on Apr 9, 2026Updated on Apr 15, 2026FAQOption Margin
Margin) Buy to Close positions (Short)2 Max (Order Price - Position IMR, 0) MMR MMR (Long) N/A1 MMR (Short Call) c * Margin Factor + Mark Price MMR (Short Put) max(c, c*Mark Price) * Margin Factor4 + Mark Price Index BTCUSD ETHUSD a 0.1 0.1 b 0.15 0.15 Min Open Order Margin 0.1 0.1 c 0.03 0.05 Margin Factor /trade-market/position/option Note: *Long options do not require IMR/MMR due to the fact customers pay the full premium for the position **The difference between an existing short option position vsPublished on Jun 20, 2022Updated on Jun 20, 2025Product documentationHow does leverage work in X-Perps trading?
Before using leverage, you should still consider: Position size Margin mode (portfolio margin, selected vs isolated) Stop-loss or exit plan Available margin buffer Volatility conditions Funding rate impacts on the position over time A smaller, more controlled position is often easier to manage than a larger position with aggressive leverage.Practical reminders before using leverage in X-Perps Before placing a leveraged X-Perps order, review the following: Selected leverage level (up to 10x availablePublished on Apr 9, 2026Updated on Apr 15, 2026FAQUnderstanding OKX's Security Fund
A key component of our risk architecture is our Security Fund. This article explains the Security Fund's purpose, structure, funding mechanism, and outlines critical disclaimers regarding its operation.1. What's the Security Fund? The Security Fund is a segregated pool of assets, established and fully owned by OKX.Published on Mar 25, 2026Updated on Apr 15, 2026FAQ3X-Perps fees overview: trading fees, funding, and other costs
If your result looks different than expected, check below in your app: executed entry and exit details fees charged on executions funding payments (if applicable) time held vs relevant funding settlement times partial fills or partial closesImportant note Fee schedules, funding rates, and applicable product mechanics can change over time and may vary by product, account status, region, and platform configuration. To learn more about OKX products, visit here.Published on Apr 9, 2026Updated on Apr 15, 2026FAQTrading Mechanism
For partially filled orders, only the unfilled remainder can be cancelled; the filled portion cannot be reversed.Buy/Sell Mode vs. Open/Close Mode Event Contracts support both Open/Close Mode and Buy/Sell Mode. Open/Close Mode: Within the same event contract market, users can simultaneously hold both Up and Down positions. For example, holding 5 Up and 6 Down contracts at the same time. Full margin is required for all held contracts: margin for 5 Up contracts + margin for 6 Down contracts.Published on Apr 8, 2026Updated on Apr 9, 2026Product documentationHow do I enable allowlist? (app)
Whitelist vs. No-Verification Address: These settings are independent and do not affect each other. New Address Withdrawal Lock: If New Address Lock is enabled, newly added whitelist addresses cannot be used for withdrawals for 24 hours, adding extra security.Published on Aug 14, 2023Updated on Mar 31, 2026FAQ1,908