OKX Wallet announces Phase 3 liquidity rewards

A campaign tied to fee share

OKX Wallet announced Phase 3 liquidity rewards totaling 180,000 USDC/USDT, running from 24 September to 9 October 2026, with both endpoints at 07:00 UTC. Participants must use the designated campaign route. Rewards depend on eligible fee share; positions generally need a width of at least 8%, calculated as upper price minus lower price, divided by market price when liquidity is added. USDT-USDG is exempt.

Claims require app version 6.189.0 or later. Adjusting a position during a random snapshot can forfeit that hour’s reward. Displayed maximum APY is variable. APY expresses an annualized estimate, not a campaign payout.

Access remains conditional

OKX’s Web3 terms retain location restrictions and additional service requirements. They do not establish a reader’s eligibility for a particular campaign or pool. The current eligible pool list and individual access were not independently verified for this report.

Work through the width before thinking about a payout

Consider an invented market price of $200 when a position is added. A lower boundary of $192 and an upper boundary of $208 give a width of $16. Dividing that difference by $200 produces 0.08, or 8%. Moving both boundaries inward to $194 and $206 changes the difference to $12, producing 6%. The example isolates the arithmetic; it is not a suggested range for any real asset.

Now change the assumed starting market price to $250 while keeping the first boundaries. The same $16 difference becomes 6.4%. That is why an absolute dollar gap cannot answer a percentage question by itself. A screenshot showing two boundaries would need the relevant starting price to make the calculation reproducible. Using a later market price would answer a different question, even if the two numbers happened to look similar.

A calculation can be correct without making a position sensible. The range describes one aspect of a position, whereas deciding to supply assets also involves how much capital to expose and why. No amount of arithmetic in this article determines the reader’s tolerance for price changes or a particular protocol.

A share of fees needs a second number

Imagine a simplified rewards period in which one participant earns $15 of qualifying fees and all qualifying participants together earn $1,500. The participant’s fraction is 1%. If everyone else’s combined fees instead make the total $3,000, the same $15 represents 0.5%. These invented figures illustrate the difference between an individual result and a relative share; they are not observations from the campaign.

This distinction matters when comparing two screenshots taken at different times. A larger personal fee total does not, by itself, demonstrate a larger fraction of the overall activity. The comparison needs both the numerator, the individual amount, and the denominator, the total used to calculate the share. Without that total, a personal reward forecast has an essential missing input.

Nor does the headline pool size fill that gap. A pool is a budget for distribution across eligible activity. Dividing it by an arbitrary deposit amount would mix two quantities that do not describe the same relationship. The interactive example therefore checks the range calculation instead of inventing a projected payout.

Keep the position result separate from the incentive

For a second independent example, suppose a person later records $18 of incentive value, $7 of transaction costs and a $25 decline in the value of the assets they supplied. Combining only these invented components gives a loss of $14. Counting the incentive alone would make the same episode appear profitable. This example deliberately omits other possible components and should not be used as a model of a real pool.

A useful record starts before participation: note the assets committed and the comparison being made. At the end, record what was received, what remained and what was spent. That creates an intelligible account of the outcome even if a promotional estimate changes along the way. For this announcement, the essential distinction is between satisfying an arithmetic condition and earning a worthwhile overall result; one does not establish the other.