At a glance
- What changed
- A new market-making rewards program.
- Who it affects
- Eligible liquidity providers who register.
- When
- Scheduled for 1 October, UTC+8; no hour specified.
OKX discount code and conditions ↓
A reward program for supplying orders
OKX plans to start a liquidity rewards program for eligible event-contract markets on 1 October 2026, using UTC+8. The announced monthly maximum is 48,000 USDT. This concerns traders supplying buy and sell orders that other people can trade against; opening an account alone does not earn a share.
An event contract pays according to a stated outcome, such as whether a reference price finishes above a specified level. OKX’s product guide describes a winning share paying 1 USDT and a losing share paying zero. A trader can also trade the share before expiry. The new rewards concern the quality of the market around those shares, rather than a guaranteed return from predicting the outcome.
[1] [3]Two different activities can contribute
The program allocates 80% to qualifying quoted liquidity and 20% to passive maker volume. Quoted liquidity means orders available in the book. A maker execution happens when another participant trades against an existing resting order. These measure different things: being available to trade, and actually completing a qualifying trade.
Using the announced maximum only as an arithmetic illustration, 80% of 48,000 is 38,400 USDT and 20% is 9,600 USDT. Those totals describe the split across the program, not one trader’s entitlement. An individual cannot multiply their deposit by either percentage to estimate income. Their allocation depends on qualifying activity and the program’s competitive scoring.
[1] [2]Why proximity and size both matter
The detailed rules use an adjusted midpoint, a reference price calculated from order-book depth. A qualifying price level needs at least 20 contracts consolidated on the same side and price for the master account. The scoring distance is three cents. Its formula is the squared fraction of that distance remaining, multiplied by order size.
Consider a hypothetical eligible level containing 90 contracts. At one cent from the midpoint, the calculation is (2/3) squared, multiplied by 90, giving 40 score units. At two cents away it becomes (1/3) squared, multiplied by 90, giving 10. Doubling the distance in this example reduces the score to a quarter. These are intermediate scoring units, not USDT, and do not include the account’s other side or other participants.
[2]The two sides change the result
Within the normal midpoint range, the rule compares the smaller of the buy and sell scores with one-third of the larger score, then takes the larger result. At extreme midpoint prices outside 0.10–0.90, it uses the smaller side alone.
For example, hypothetical buy and sell scores of 90 and 60 produce a combined score of 60 in the normal range: the comparison is between 60 and 30. Scores of 90 and zero instead produce 30 there. At an extreme midpoint, the same one-sided case produces zero. The examples explain why keeping both sides available matters. They are not a recommendation to post orders that the trader would be unwilling to fill.
[2]Registration and payment are separate checks
Participants must register through their designated OKX relationship manager. Supported web, app and API channels can contribute, but only eligible orders and executions count. Sub-account activity is combined under the master account; dividing it among sub-accounts does not create extra overall weight.
A master account needs at least 10 USDT of total monthly rewards to receive a distribution. The announcement says OKX aims to distribute the preceding month’s rewards in the first two weeks of the next month. No fixed payment day is promised. Think of registration, qualifying activity, calculation and payment as four distinct stages: completing one does not establish that every later stage has been satisfied.
[1] [2]What the headline amount leaves open
The rules permit adjustments and exclude artificial orders, self-trading and manipulation. Actual distributions can be below the maximum. The announcement also warns that the information may not apply to every customer; its European page address does not by itself establish European account eligibility.
For a participant, the useful comparison is between possible rewards and the economic result of orders that actually fill. A score has no purchasing power until it results in a paid allocation, while a filled contract already carries outcome exposure. This is why the examples above explain the mechanism without presenting a target reward, a safe order size or a substitute for account-specific eligibility confirmation.
[1] [2] [3]Dates to know
As announced by the provider. A listed date does not confirm current availability or eligibility.
- Scheduled program start (UTC+8; hour unspecified)Upcoming date[1]
Test your understanding
Highlight a case; all explanations remain visible.
- Distance example
40 versus 10 score units
For 90 contracts, the illustrated one-cent and two-cent distances produce different intermediate scores. Neither is a payout.
- Balanced example
Compare both sides
The illustrative 90/60 buy-sell scores produce 60 under the stated normal-range formula.
- One-sided example
The midpoint range matters
The illustrative 90/0 scores produce 30 in the normal range and zero in the extreme range.
Educational examples, not a trading recommendation or a live reward estimate. [1] [2] [3]
- Scoring units are not a promised USDT payment.
- A filled event contract still carries outcome exposure.
Official sources & further reading
Independently written from the primary sources below. Checked on 28 September 2026.
- OKX Event Contract Liquidity Rewards Program Announcement ↗Official announcement
- Event Contract Liquidity Rewards Program: detailed rules ↗Official supporting documentation
- What Are Event Contracts ↗Official supporting documentation
20% off eligible trading fees
Offer eligibility varies by product and region. Do not assume it applies to EU stock perps, Pre-IPO products or card payments. This is the general OKX exchange offer. Eligibility depends on your account, region and product; a discount on the EU product in this story is not confirmed.
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