Dear OKX Users,
To enhance your trading experience and optimize fund utilization, OKX is introducing real-time settlement across all perpetual, futures, and options contracts. The ADAUSD perpetual contract will be the first to implement this feature, going live at 8:00 am UTC on December 29.
Key Features of Real-Time Settlement
- Instant Profit Withdrawal: Realized profits/losses from trades are immediately reflected in your account balance, eliminating the need to wait for daily settlements.
- Improved Fund Efficiency: Withdraw gains anytime without restrictions.
Platform Availability
Experience real-time settlement via:
- OKX API
- Web platform
- Mobile app
Interface Updates
Asset Page
- "Realized P&L" removed (profits/losses still factor into equity calculations).
Position Page
- No display of "Settlement price," "Settled earnings," or "Unrealized P&L."
- Profit/loss reflects unrealized changes from position opening to current time.
Settlement Records
- New records won’t be generated post real-time settlement.
- Historical records remain searchable.
Transition for Existing ADAUSD Positions
If holding an ADAUSD perpetual position at 8:00 am UTC on December 29:
- Average open price adjusts to the last settlement’s base price.
- All realized P&L transfers to account balance.
- Position P&L resets and recalculates from the new average price.
Future Rollouts
Other currencies/business lines will follow, with announcements made separately.
Risk Control Measures
During extreme market conditions or abnormal activity:
- Fund transfers for affected contracts may be temporarily paused.
- Real-time settlement could be disabled until stability returns.
Regards,
OKX Team
FAQs
Q1: Can I withdraw profits immediately after a trade?
A: Yes! Real-time settlement credits profits directly to your balance.
Q2: Will historical settlement records disappear?
A: No—they remain accessible for reference.
Q3: How does this impact open positions?
A: Existing ADAUSD positions reset to the last settlement base price at launch.