OKX Starts Monthly Liquidity Rewards For Event Contract Markets
Summary
OKX activated its Event Contract Liquidity Rewards Program on October 1, offering eligible market makers up to 48,000 USDT monthly. Rewards are split between quoted liquidity (80%) and passive trading volume (20%), with participants expected to maintain tight, two-sided quotes and generate genuine maker trades. Covered contracts include short-term BTC and ETH price-direction markets and daily threshold contracts for Bitcoin, Ethereum and gold. The program aims to deepen order books and narrow spreads, making the event markets easier to trade. It reflects exchanges’ efforts to expand beyond spot and perpetual futures, though it does not resolve the regulatory questions surrounding event contracts.
