OKX Europe X Drops: 4.5M CETUS pool for a ten-token basket, ends 1 November

A three-day CETUS drop for traders in Europe

OKX has opened another X Drops Club campaign for European customers, this time with Cetus Protocol as the drop partner and rewards paid in CETUS. The exchange announced it on X on the evening of 29 October 2026, and its EEA campaign page lists a total pool of 4,500,000 CETUS. At the CETUS price the page showed when we checked it, that pool was valued at about €87,700.

This is the third European X Drops campaign we have covered in a week, after the ZEC drop that closed on 26 October and the ZAMA drop that is still running until 1 November. Like those, it is a trade-to-earn campaign: what you receive depends on your eligible trading volume compared with everyone else's, not on how much you hold. The page showed about 3,500 users had already joined shortly after the announcement.

When it runs

The campaign page gives the drop period as 9:00 PM on 29 October to 9:00 PM on 1 November 2026 in UTC+8, OKX's campaign time zone. That is 29 October at 13:00 UTC to 1 November at 13:00 UTC, or 14:00 in Amsterdam, Paris and Berlin. OKX's post says "get in before Nov 1", but the page carries the exact closing time.

Rewards are calculated and paid daily. The page lists three scheduled distributions, on 30 October, 31 October and 1 November, each at 9:00 PM UTC+8 (13:00 UTC). Because the drop was already open when OKX posted about it, readers joining later have fewer days in which to build up volume.

Which trades count, and the CETUS boost

Only volume involving ten tokens counts: CETUS, HYPE, ENA, LIT, GRASS, GRVT, DOGE, FET, HUMA and LINK. OKX's X post names nine of them and leaves out DOGE, which the campaign page includes in its eligible list. The page lists spot trading, spot margin trading with up to 10× leverage, and the buy, sell and convert features as eligible ways to trade.

CETUS volume counts five times toward a participant's share, and volume in the other nine tokens counts once. X-Perps and xStocks trades are excluded under MiFID rules, and OKX's general EEA terms also exclude zero-fee or zero-spread trades and stablecoin swaps. Volume only starts counting from the moment a user joins the drop, so trades placed before joining do not help.

How rewards are worked out

To qualify, a participant needs at least €500 of eligible trading volume, measured before any boost, so the CETUS multiplier does not help anyone reach the minimum. Each daily reward equals the participant's eligible volume since joining, divided by the total eligible volume of all participants, multiplied by that day's reward pool.

Each daily reward is capped at 9,000 CETUS, which the page valued at about €175. The cap per drop is double the ZAMA campaign's in token terms, but the pool's euro value is much smaller. Eligibility is limited to identity-verified main accounts, institutional accounts and sub-accounts do not qualify, and OKX says the drop may only be offered to some users. How the pool is split across the three days was not published.

Our take

Your share depends on how much everyone else trades, so a reward cannot be known in advance, and trading small-cap tokens only to chase it exposes you to fees and price swings that can easily outweigh a capped daily payout. Check the drop page for your eligibility before trading. The OKX code on this page is a separate fee discount and does not enrol you in the drop.