OKX Donates $4.5M to Perpetual Swap Insurance Fund

Dear valued customers,

Since its launch in December 2018, OKX perpetual swap has been favored by the market and has seen significant growth in market turnover and liquidity. We have recorded a cumulative trading volume of over US$150 billion and zero clawback for all perpetual swaps.

In order to enhance the reliability and stability of the perpetual swap market, we have donated US$4,567,888-worth BTC to the BTC perpetual swap insurance fund at 22:00 Jul 24, 2019 (CEST, UTC+2) (Conversion rate taken from the BTC/USD index price of OKX at 14:00 July 24, 2019 (CEST, UTC+2)).

Thank you for your continued support and we assure you of our best service at all times.

Regards,

OKX

Jul 25, 2019