Dear OKX Users,
To enhance market liquidity and index stability across margin, futures, and perpetual swap trading while mitigating risks, OKX will adjust components of select indices during a scheduled maintenance window:
๐ Date & Time: November 25, 2023 (10:00โ11:00 UTC+8)
Key Adjustments
| Index | Before Adjustment | After Adjustment |
|---|---|---|
| ETH/USDT | Huobi (ETH/USDT, 16.66%) โ Gate.io (ETH/USDT, 16.66%) | No other changes to weights/exchanges. |
| TRX-USDT | Poloniex (TRX/USDT, 20%) โ KuCoin (TRX/USDT, 20%) | Other components remain unchanged. |
| WAXP-USDT | KuCoin (WAXP/USDT, 25%) โ Bybit (WAXP/USDT, 25%) | Equal weight distribution preserved. |
| WAXP-USD | KuCoin (WAXP/USDT, 25%) โ Bybit (WAXP/USDT, 25%) | Identical to WAXP-USDT adjustments. |
Index Price Calculation Logic
Index prices are derived from a weighted average of valid component prices. For granular details, review the Index Calculation Rules.
Risk Management Advisory
โ ๏ธ Critical Notice:
Recent market volatility may cause temporary price fluctuations during the adjustment period. To avoid forced liquidation:
- Reduce leverage via partial closing, position trimming, or margin top-ups.
- Monitor mark prices closely post-update.
OKX remains committed to delivering robust trading tools and seamless user experiences.
๐ Explore OKXโs advanced risk management features
FAQs
Q1: Will my open positions be affected by the index adjustments?
A1: Existing positions remain intact, but mark prices may shift temporarily. Adjust leverage proactively.
Q2: Why replace Huobi with Gate.io for ETH/USDT?
A2: To optimize liquidity sourcing and align with real-time market depth metrics.
Q3: How often does OKX update index components?
A3: Components are reviewed quarterly or during exceptional volatility to ensure fairness.
Q4: Can I track historical index changes?
A4: Yes, past adjustments are archived in the Help Center.
OKX Team
November 24, 2023
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