OKX US On-chain Earn User Agreement

Published on 10 Jun 2025

Updated: May 9, 2025

1. Overview

1.1 The On-chain Earn Service (the “On-chain Earn Service” or “Service”) is provided to you (“you”) by the OKX entity applicable to you under the OKX US Terms of Service (“OKX”, “we”, “us”), the full content of which is incorporated by reference herein. The Service allows users to obtain Rewards by Staking and subsequently Redeeming their Digital Assets.

1.2 This On-chain Earn User Agreement (this “User Agreement”) together with the OKX Terms of Service (collectively, this “Agreement” or these “Terms”) govern your use of this Service and related services entered into by and between you (the “User” or “you”) and OKX. In order to use the Service, you should carefully read and abide by this Agreement, which will be interpreted in accordance with the provisions set forth in Section 10. By using the Service, you confirm that you have read and accepted all the terms of this Agreement. Your use of the Service represents that you have read, understood and agreed to this Agreement and that this Agreement is legally binding on you.

1.3 In the event of any conflict or inconsistency between any term or provision set forth in this User Agreement and the OKX US Terms of Service, such conflict or inconsistency shall be resolved by giving precedence to this User Agreement with respect to the On-chain Earn Service. All provisions, including definitions, of the OKX US Terms of Service not modified by this User Agreement shall remain in full force and effect. Terms not defined here are defined in the OKX US Terms of Service.

1.4 This Service allows OKX users to Stake their Digital Assets on a Staking Protocol(s) through the OKX Platform, so that they may earn Rewards in accordance with the rules of the applicable Staking Protocol(s). Subject to the terms and conditions of this Agreement, Staked Digital Assets may not be Redeemed until after a period of time has elapsed, depending on the Staking Protocol chosen and market conditions.

1.5 Not all services or features mentioned in these Terms will be available in all jurisdictions. If such service or feature is not available in your jurisdictions, then terms specific to such service or feature do not apply to you.

2. Definitions

2.1 Definitions relating to the Service include:

DeFi Protocol: a third-party protocol based on one or more decentralized financial applications;

Digital Assets: any form of asset in intangible form, including virtual financial assets, cryptographic tokens, digital tokens and/or cryptographic currency.

Estimated Rewards: a currently estimated rate or amount of Rewards based on the applicable Staking Protocol. Actual Rewards may be higher, lower or the same as Estimated Rewards, as determined by the applicable Staking Protocol;

Liquid Staking Token (LST): a type of off-chain token representing a receipt for assets staked on certain Staking Protocol(s) through the Service;

Order Quantity: the amount of Digital Assets which are subject to a single Staking order;

Rewards: rewards or benefits that Users may, in accordance with the rules of the applicable Staking Protocol, receive by Staking and Redeeming Digital Assets using the Service;

Redeem/Redemption: the closing of a position in the Service and subsequent return of Staked Digital Assets into a User’s account;

Service Fee: the charges paid to OKX by a User for use of the Service, payable to OKX at the time of distribution of Rewards. OKX deducts such charges from Rewards payable to the User prior to distribution;

Stake/Staked/Staking: an opening of a Staked order through the Service, which results in Digital Assets being locked in a Staking Protocol. Such opening can be carried out either by the User manually opening a position on the On-chain Earn product page on the OKX Platform or by opting into Auto-Earn described below in Section 4;

Staking Protocol: third-party blockchain network(s) to which Digital Assets may be staked, including native staking protocol(s) and DeFi Protocol(s). For clarity, the Bitcoin protocol is not a Staking Protocol.

3. User Obligations

3.1 You agree that OKX may:

  • hold, Stake, and/or Redeem your Digital Assets, in whole or in part for the duration of the Service in order to fulfill your requests as part of the Service, including as necessary to comply with Staking Protocol requirements;

  • act as a validator on a Staking Protocol;

  • exercise any voting rights attached to the Staked Digital Assets, which rights are delegated by you to OKX; and

  • perform actions reasonably necessary to provide the Service or comply with applicable laws with respect to your Digital Assets in your account in order to provide the Service.

3.2 You understand and accept the risks that may arise to you and the related losses you may suffer from using the Service, as set out in Section 3 of the OKX US Terms of Service. You are willing to bear the risks and potential financial losses caused by depositing Digital Assets into the Service and those risks and losses include but are not limited to:

  • any loss you may suffer from the risks associated with the inability to sell or convert Digital Assets deposited into the Service into a preferred alternative asset immediately or where conversion is possible but at a loss;

  • any loss you may suffer from the risks associated with the inability to trade, sell or convert any LST (if provided to you, based on the Staking Protocol you choose) into a preferred alternative asset or where conversion is possible but at a loss;

  • any loss you may suffer from the risks associated with the inability to Redeem the Staked Digital Assets or withdraw the unstaked Digital Assets or Rewards at a particular timing or where Redemption or withdrawal is possible but at a loss;

  • historical returns are not indicative of future returns. The Estimated Rewards displayed on the OKX Platform are theoretical estimates. They are not actual or guaranteed Rewards promised by OKX. OKX does not guarantee or promise any Reward. Actual Rewards may vary from the Estimated Rewards. Actual Rewards may be more or less the rewards if you stake your Digital Assets directly to the corresponding Staking Protocol. Rewards shall be calculated and distributed by OKX based on the applicable Staking Protocol(s). As further outlined below, OKX may deduct costs, fees, and expenses incurred in operating the Service from your Rewards;

  • price fluctuations of Digital Assets and their derivatives may cause significant or total loss in a short period of time;

  • the nature of Digital Assets means that technological difficulties experienced by OKX may prevent your access to, or use of, your Digital Assets;

  • market risks may occur, which may result in losses of your Digital Assets; and

  • OKX may have to add, remove, or change its terms or policies, including the terms of this Agreement, from time to time, while you are using the Service. Any such actions may benefit or harm users like you.

4. Use of the Service

4.1 You may open a Staked order through the Service by two ways detailed below.

4.1.1 Manual Selection

At the time of order placement by way of a manual order on the OKX Platform, you are required to select: (i) a Staking Protocol; and (ii) a Digital Asset quantity. The OKX Platform will show an Estimated Reward and a minimum Digital Asset Staking quantity for each Staking Protocol. Your Staked Digital Assets may not earn Rewards at a rate equivalent to the Estimated Reward shown at the time of order placement. Once the Staked order has been placed, you may not be able to cancel, revoke or edit the order.

4.1.2 Auto-Earn

As an alternative to inputting a manual order on the OKX Platform, you may opt into a functionality whereby newly purchased Digital Assets are automatically used to create a subscription order in the Service for Staking, on the terms set out below (“Auto-Earn”).

By default, Auto-Earn is not enabled in your account. In order to enable Auto-Earn, you must opt-in on the OKX Platform.

At the time of opting into Auto-Earn or thereafter, the OKX Platform may show a Staking Protocol corresponding to each cryptocurrency of the Digital Assets in the funding account to review. The Order Quantity for Auto-Earn is not fixed and depends on the available idle Digital Assets in your account. The OKX Platform may show a range of Estimated Rewards and a minimum Digital Asset Staking quantity for each Staking Protocol. Your Staked Digital Assets may not earn Rewards at a rate equivalent to the Estimated Reward shown at the time of order placement. Once you review and confirm the above, you may opt into the Auto-Earn subscription.

Upon opting-out of Auto-Earn, further Auto-Earn subscription orders to Staking will no longer be created. Redemptions of any Digital Assets already deposited into the Service through Auto-Earn must be carried out manually.

4.2 Once your Staking order has been placed, OKX shall attempt to stake or allocate to you Digital Assets staked on the selected Staking Protocol in an amount equivalent to a whole or a part of your Order Quantity. Depending on the Staking Protocol chosen (whether through manual selection or Auto-Earn) and market conditions, your Staking order may or may not be successfully placed and if not, you will not earn any Rewards. You will not earn any Rewards until the amount equivalent to a whole or a part of your Order Quantity is successfully Staked to the chosen Staking Protocol and all applicable conditions of the Staking Protocol are satisfied (“Reward Calculation Day”). The Reward Calculation Day may not be the same day when you placed your order at the OKX Platform.

4.3 For certain Staking Protocol(s), if selected by you, OKX may issue you with LSTs in an amount proportionate to your Order Quantity. LSTs can be used for Redemption after the Redemption period. You acknowledge and undertake the risk that there may not be a market for LSTs, LSTs may not be tradeable at all, LSTs may be usable only on OKX for limited purposes specified by OKX, LSTs may not be able to be withdrawn from the OKX Platform and / or LSTs may not have an equivalent value to the native token of the Staking Protocol.

4.4 Estimated Rewards do not mean actual Rewards you receive. Depending on the Staking Protocol, including applicable bonding and unbonding periods, there may be a delay before your Staked Assets are eligible for transaction validation and earning of Rewards. OKX will only pass through Rewards that OKX actually receives from the Staking Protocol minus applicable Service Fees. You have no right to any Reward until it is generated by the applicable Staking Protocol. OKX does not guarantee that you will receive any compensation or Rewards as a result of your participation in the Services. Rewards shall:

  • start accruing from the Reward Calculation Day. Rewards will accrue every day and will be calculated on the basis of the number of days elapsed and a 365-day year. You do not earn any Rewards for the first day on which you place an order. The frequency at which Rewards will be distributed to your account will depend on the Staking Protocol chosen and market conditions;

  • for certain Staking Protocol(s) that OKX issues LSTs: accrue in LSTs;

  • for all other Staking Protocols, accrue in the Digital Asset Staked, unless otherwise specified on the OKX Platform;

  • accrue at a rate to be determined by the Staking Protocol chosen. Such rate can vary frequently. It can also vary based on the mechanics of the Staking Protocol, market conditions, and other factors depending on the Staking Protocol chosen; and

  • will not accrue if your order is not successful.

4.5. In order to Redeem your Staked Digital Assets, you must enter a Redemption request into the OKX Platform. Partial Redemptions may not be permitted, and you may be required in any Redemption request to Redeem your complete Order Quantity. Once you have entered a Redemption request, you will no longer earn any Rewards in relation to the Digital Assets which are the subject of your Redemption request. Once a Redemption request has been placed, you may not be able to cancel, revoke or edit the request. The speed at which any Redemption request may be satisfied will vary and depend on market conditions. You agree and accept that when you Redeem your Digital Assets, the time it takes for the Digital Assets to arrive at your account may vary (e.g., by days or weeks). OKX shall not be liable for any losses caused by the difference between estimated and actual Digital Asset arrival time.

4.6 Service Fees applicable to the Earn Service currently range from 1-5% of the total returns generated by the protocol. Rewards received are net Service Fees.

4.7 OKX may provide users with a “Fast Redemption” feature in the Service. Such feature is selected by default but is available only if there is sufficient liquidity in the Service to provide users with Fast Redemption. Fast Redemption is not guaranteed, it may not be available (with or without notice) and users may need to await standard Redemption (as described in the preceding clause) in order for their Redemption request to be satisfied. Liquidity to provide Fast Redemption is sourced from Users’ Order Quantity. You agree that a portion of your Order Quantity may be used for such liquidity. OKX reserves the right to suspend Fast Redemption without notice at any time at its sole discretion.

4.8 OKX reserves the right to introduce, impose, adjust or remove any Staking or Redemption limit on the corresponding amount or time period in its sole discretion, while you are using the Service. Master accounts and sub-accounts may share any limits or periods.

4.9 OKX will, at all times, keep your Staked Digital Assets segregated from the Digital Assets of OKX in the applicable Staking Protocols. You will, at all times, own your Staked Digital Assets and Rewards, free and clear of all liens and encumbrances. Your use of the Service will not affect your ownership of the Digital Assets Staked via the Service.

5. Miscellaneous

5.1 The contents of this Agreement also include OKX’s various system specifications, guidance notes, product documents, or other relevant documents that OKX may issue from time to time. Upon release, such content becomes an integral part of this Agreement, and you should also abide by it.

5.2 OKX reserves the right to unilaterally modify this Agreement or any terms applicable to the use of the Service in its sole discretion. Such modification could happen at any time without prior notice, including while you are using the Service. If any changes are made, the revised contents shall be posted on OKX’s website promptly. Please check the latest information posted therein to inform yourself of any changes. Your continued use of or access to the Service following the posting of any changes constitutes acceptance of those changes. If you do not accept the revised content, you should stop using the Services.

5.3 You should carefully read this Agreement, and any document referred to in this Agreement that constitute the contents of this Agreement, in conjunction with the OKX US Terms of Service. This Agreement, together with all other documents incorporated herein by reference, comprise the entire understanding and agreement between you and OKX as to the subject matter hereof, and supersedes any and all prior discussions, agreements and understandings of any kind (including without limitation any prior versions of this Agreement), between you and OKX. In the event of any discrepancy between the English version of this Agreement and any translated version, the English version of this Agreement shall prevail.

5.4 If any provisions of this Agreement shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired in any way. However, if any provision of this Agreement shall be invalid, illegal or unenforceable under any such applicable law in any jurisdiction, it shall, as to such jurisdiction, be deemed modified to conform to the minimum requirements of such law, or if for any reason it is not deemed so modified, it shall be invalid, illegal or unenforceable only to the extent of such invalidity, illegality or limitation on enforceability without affecting the remaining provisions of this Agreement, or the validity, legality or enforceability of such provision in any other jurisdiction.

5.5 This Agreement will not be construed to waive rights that cannot be waived under applicable laws and regulations, including applicable state money transmission laws in the state where you are located. The failure or delay of OKX’s enforcement of any right or provision of this Agreement or failure or delay of OKX to insist upon or enforce strict performance by you of any provision in this Agreement will not be deemed a waiver of such right or provision.

5.6 Nothing in this Agreement is intended to or will create a partnership or joint venture between you, third party validators of Staking Protocols or OKX or authorize any of us to act as an agent of each other. Nothing in this Agreement, expressed or implied is intended to give rise to any obligations to third-party beneficiaries.

5.7 You acknowledge that OKX does not act as your fiduciary in exercising any of its rights herein.