OKX to adjust spot / margin and contract trading tick sizes

 Latest Announcements    |      2022-06-01

In order to boost market liquidity and improve trading experience, OKX will be adjusting the tick sizes for various pairs in the spot / margin and contract trading markets between 6:00–7:00 am UTC on Jun1, 2022.

Note: If a pair is tradable in both spot and margin markets, the adjustment will be applicable to both.

Specific adjustment details are as follows:

Trading market

Pairs

Before

After

Perpetual swaps

AVAXUSD

0.001

0.01

Perpetual swaps

AVAXUSDT

0.001

0.01

Perpetual swaps

AXSUSDT

0.001

0.01

Perpetual swaps

BABYDOGEUSDT

1E-11

1E-12

Perpetual swaps

CONVUSDT

0.00001

0.000001

Perpetual swaps

CQTUSDT

0.001

0.0001

Perpetual swaps

DOGEUSD

0.000001

0.00001

Perpetual swaps

DOGEUSDT

0.000001

0.00001

Perpetual swaps

DYDXUSDT

0.0001

0.001

Perpetual swaps

ELONUSDT

0.000000001

1E-10

Perpetual swaps

FITFIUSDT

0.0001

0.00001

Perpetual swaps

LATUSDT

0.0001

0.00001

Perpetual swaps

NFTUSDT

0.000000001

1E-10

Perpetual swaps

SOLUSD

0.001

0.01

Perpetual swaps

SOLUSDT

0.001

0.01

Perpetual swaps

STARLUSDT

0.00000001

0.000000001

Perpetual swaps

SUSHIUSD

0.0001

0.001

Perpetual swaps

SUSHIUSDT

0.0001

0.001

Perpetual swaps

THETAUSD

0.0001

0.001

Perpetual swaps

THETAUSDT

0.0001

0.001

Perpetual swaps

ZENUSDT

0.001

0.01

Spot

ACA/USDT

0.00001

0.0001

Spot

AKITA/USDT

0.00000001

1E-10

Spot

ANW/USDT

0.0001

0.00001

Spot

APIX/USDT

0.0001

0.00001

Spot

AVAX/USDC

0.001

0.01

Spot

AVAX/USDT

0.001

0.01

Spot

AXS/USDT

0.001

0.01

Spot

BCD/USDT

0.001

0.0001

Spot

BOX/USDT

0.01

0.001

Spot

BTT/USDT

1E-10

0.000000001

Spot

CHE/USDT

0.0001

0.00001

Spot

CONV/USDT

0.00001

0.000001

Spot

CQT/USDT

0.001

0.0001

Spot

CVT/USDT

0.00001

0.000001

Spot

DEP/USDT

0.0001

0.00001

Spot

DEVT/USDT

0.0001

0.00001

Spot

DHT/USDT

0.001

0.0001

Spot

DOGE/USDC

0.000001

0.00001

Spot

DOGE/USDT

0.000001

0.00001

Spot

ELON/USDT

1E-11

1E-10

Spot

EM/USDT

0.00001

0.000001

Spot

EOS/USDC

0.001

0.0001

Spot

EXE/USDT

0.00001

0.000001

Spot

FORTH/USDT

0.01

0.001

Spot

FSN/USDT

0.001

0.0001

Spot

HEGIC/USDT

0.0001

0.000001

Spot

ILV/USDT

0.01

0.1

Spot

INT/USDT

0.00001

0.000001

Spot

ITC/USDT

0.0001

0.000001

Spot

KCASH/USDT

0.00001

0.000001

Spot

KINE/USDT

0.001

0.0001

Spot

LAMB/USDT

0.00001

0.000001

Spot

LAT/USDT

0.0001

0.00001

Spot

LBA/USDT

0.00001

0.000001

Spot

LMCH/USDT

0.00001

0.000001

Spot

MDA/USDT

0.001

0.0001

Spot

OMI/USDT

0.0000001

0.000001

Spot

PAY/USDT

0.0001

0.00001

Spot

PEOPLE/USDT

0.000001

0.00001

Spot

PEOPLE/USDC

0.000001

0.00001

Spot

PICKLE/USDT

0.01

0.001

Spot

PPT/USDT

0.001

0.0001

Spot

PROPS/USDT

0.00001

0.000001

Spot

PRQ/USDT

0.001

0.0001

Spot

SOL/USDC

0.001

0.01

Spot

SOL/USDT

0.001

0.01

Spot

SOS/USDT

1E-10

0.000000001

Spot

SUSHI/USDT

0.0001

0.001

Spot

TAI/USDT

0.001

0.0001

Spot

THETA/USDT

0.0001

0.001

Spot

TON/USDT

0.00001

0.0001

Spot

TRADE/USDT

0.0001

0.00001

Spot

TRUE/USDT

0.0001

0.00001

Spot

VALUE/USDT

0.001

0.0001

Spot

VELO/USDT

0.0001

0.00001

Spot

WEMIX/USDT

0.0001

0.001

Spot

WOO/USDT

0.00001

0.0001

Spot

WTC/USDT

0.001

0.0001

Spot

XRP/USDC

0.0001

0.00001

Spot

XUC/USDT

0.0001

0.00001

Spot

YOYO/USDT

0.00001

0.000001

 

Existing orders will not be canceled because of the adjustment, and users should take note of the following:

1. Open orders and historic orders will be displayed with the adjusted tick sizes by rounding down the buy orders and rounding up the sell orders.

2. After the adjustment, existing orders, including those placed by API users, will still be filled according to the original tick sizes.

For example, if a tick size is adjusted to 0.01 from 0.0001, an order originally placed at the price of 130.2442 will be displayed as 130.24 but will still be filled at 130.2442.

3. After the adjustment, if an API user places an order using the older, pre-adjustment tick size, the order still can be filled, as the system will automatically adjust the tick size to be consistent with the new one. As for non-API users, they can no longer use an older tick size after the adjustment.

 

Users are encouraged to adjust their trading strategies based on the changes highlighted above.

For any inquiries regarding this adjustment, please feel free to contact us in the OKX Telegram group or via the Support Center.

 

OKX

May. 26, 2022

 




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