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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 20, 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 documentationWhy do I have to trade on OKX Liquid Marketplace?
Customizable strategies: Carry trades (spot vs future/perp), futures spreads (future vs future/perp), call/put spreads, calendar spreads, butterfly spreads, condors, ratio spreads, diagonal spreads, back spreads. Options/volatility strategies: collars, straddles, strangles, covered call, protective put, synthetic futures. Creation of synthetic currency pairs by going long one name and short another. For example, BTC/USDT vs AVAX/USDT booked atomically create a synthetic BTC/AVAX pair.Published on Mar 13, 2024Updated on Oct 30, 2025FAQ16What's Nitro Spreads and how can I trade on OKX Nitro Spreads?
Currently, we support: Spot vs Perpetual, Spot vs Futures, Perpetual vs Futures, and Futures vs Futures. Futures for now include Bi-Quarterly Futures and Quarterly Futures.3. How do I interpret the bid and ask prices on the spread tiles? The prices on the tiles indicate the spread between the filled prices of the two instruments after the trade is filled. The spread will be equal to the filled price of the further dated instrument minus the nearer dated instrument.Published on Sep 25, 2023Updated on Feb 12, 2026FAQ35OKX to list perpetual futures for XAN crypto
Perpetual futures trading Anoma is the decentralised OS powering a unified app layer focusing on an intent-centric architecture.Published on Sep 30, 2025Updated on Nov 17, 2025AnnouncementsHow does futures spread trading work on OKX Liquid Marketplace?
Trade all sorts of spreads: carry trades (spot vs future/perp), futures spreads (future vs future/perp), call/put spreads, calendar spreads, butterfly spreads, condors, ratio spreads, diagonal spreads, back spreads. Bespoke instruments: customize your own strategies with up to 20 legs.Published on Mar 13, 2024Updated on Sep 10, 2025FAQ6How 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 30, 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 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, 2025AnnouncementsBuilding RFQs
This opens a menu for fields that take on specific values (expiry date or strike price), a text input for numerical values (quantity), or a button to flip values that can only take binary input (buy vs sell, put vs call, USDT vs Coin margined). The other is to either select on the value in the "product" column" or tab "add leg" below the final leg of your strategy.Published on Jun 30, 2022Updated on Apr 30, 2026FAQ30How do I activate my Pay?
Pay accounts are based on smart contract wallet architecture. Creating a Pay account automatically generates a unique passkey. All transactions in Pay mode require user authorization via this passkey.What's the difference between Pay Passkey and Exchange Passkey? These are two distinct and independent passkey systems. If you’ve previously set up a passkey for exchange account login or transaction verification, you’ll still need to create a separate passkey for Pay.Published on May 2, 2025Updated on May 5, 2026FAQ4,970What's a private key/seed phrase?
A seed phrase can derive all private keys — but no private key can reverse back to the seed phrase.Seed phrase vs private key Seed phrase Private key Format 12, 18, or 24 English words in a specific order A 64-character hexadecimal string Controls The entire wallet: all chains, all addresses A single address on the corresponding chain Restores All accounts in the wallet Only the assets on the address linked to that private key Use case Switching devices, restoring the entire wallet Importing a specificPublished on Aug 24, 2023Updated on May 9, 2026FAQ2,928How do I prevent double-spending scams?
Technical safeguards: Strong underlying technology and network architecture that help defend against various types of attacks. Avoid conducting large private transactions with unknown or low-reputation individuals or platforms, as this significantly increases your risk.Avoid zero-confirmation transactions Whenever possible, kindly avoid accepting zero-confirmation transactions, especially for high-value goods or services.Published on Jul 14, 2025Updated on Feb 3, 2026FAQ2How 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 30, 2026FAQ