Frequently Asked Questions
OKX Earn provides you with a way to generate interest on your assets through multiple investment choices. Products include Simple Earn, Loan, and On-chain Earn.
What is Annual Percentage Yield (APY)?
APY is the annualized interest rate your deposited crypto generates from our Earn products.
When does revenue calculation/distribution start?
The calculation and distribution time of revenue may be different for different projects. Take our DeFi service for example, we send your deposited funds to the contract addresses of verified third-party DeFi services at around 11:00am (UTC +8) daily. Revenue calculation starts as soon as funds are successfully delivered on-chain. However, it's possible this may be delayed due to on-chain operations. Revenue consists of interest and rewards. Your interest and initial investment are distributed the day after you redeem your other principal and rewards are distributed daily at around 00:00 (UTC +8). All funds are settled in locked mining accounts.
OKX accesses third party DeFi protocols, and only provides related services such as project display and revenue distribution, and does not take responsibility for any asset losses caused by potential risks such as contract vulnerabilities, hacking incidents, or termination of business, bankruptcy, abnormal suspension or cessation of trading of third party DeFi platforms or projects.