OKX to adjust position tiers of margins

Published on Feb 2, 2024Updated on Feb 6, 20243 min read

In order to improve market liquidity and mitigate risks, OKX will adjust the position tiers of USDT margin for cross margin in both multi-currency mode and portfolio margin mode at 6:00 am – 8:00 am (UTC) on February 9, 2024.
Specific adjustment details are as follows:

Assets Tier Before After
Max. borrow amount (USDT) Maintenance margin ratio Min. initial margin ratio Max. leverage Max. borrow amount (USDT) Maintenance margin ratio Min. initial margin ratio Max. leverage
USDT 1 1,000,000 3.00% 10.00% 10 100,000 2.00% 10.00% 10
2 2,000,000 6.25% 12.50% 8 200,000 2.50% 10.53% 9.5
3 3,000,000 10.00% 20.00% 5 500,000 3.00% 11.11% 9
4 4,000,000 11.00% 21.00% 4.76 1,000,000 4.00% 11.76% 8.5
5 5,000,000 12.00% 22.00% 4.54 2,000,000 5.00% 12.50% 8
6 6,000,000 13.00% 23.00% 4.34 3,000,000 6.00% 20.00% 5
7 Increase by 1,000,000 from the previous tier Increase by 1.00% from the previous tier Increase by 1.00% from the previous tier Max. leverage of the tier Increase by 1,000,000 from the previous tier Increase by 1.00% from the previous tier Increase by 1.00% from the previous tier Max. leverage of the tier

Learn more: Position tiers

Risk disclaimer
Users' maintenance margin ratio may increase because of tier adjustments and market volatility. To prevent forced liquidations caused by these adjustments, users are encouraged to decrease leverage by either increasing margins or closing positions.

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. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty nor any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become iliquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to Terms of Service and Risk & Compliance Disclosure for more information.

For any inquiries regarding this adjustment, please feel free to contact us via the OKX Telegram group or the Support Center.

OKX team
February 2, 2024