Options VIP Trading Volume Calculation Adjustment

Gepubliceerd op 20 mei 20263 min. leestijd

Dear OKX users,

Starting from May 21, 2026, the 30-day options trading volume used for VIP tier qualification will be calculated using Effective Notional. This adjustment applies only to options. Other instruments remain unchanged.

Please note: OKX reserves the right to modify or postpone the effective date of the above changes at its sole discretion. Please always refer to the OKX fee page for your region for the latest information. No additional notice will be given if the effective date changes.

30-day trading volume (USD)

Options trading volume is calculated using Effective Notional. For each fill, Effective Notional = Min(Notional, |Trading Fee| / |Fee Rate|), where Trading Fee is the actual fee charged (already reflecting the 7% premium cap), and Fee Rate is the user's corresponding maker or taker fee rate.

If the fee cap is not triggered, |Trading Fee| / |Fee Rate| = Notional, so the trading volume remains unchanged. Only when the cap is triggered will the trading volume be reduced accordingly.

Coin-margined options: fees are denominated in the underlying asset (e.g., BTC) and are converted to USD by multiplying by the index price at the time of the trade. i.e., Trading Fee (USD) = fee_volume × index_price.

USDT-margined options: fees are already in USDT and require no conversion. i.e., Trading Fee (USD) = fee_volume.

The platform settles daily at 4:00 PM UTC, calculating the options trading volume over the past 30 days. Volume calculations for other instruments (spot, futures, perpetual, spreads) remain unchanged.

Trading volume calculation examples

Assume the multiplier is 0.01 for BTCUSD options, the contract size is 1 BTC, and you have a taker fee of 0.03%. You buy 100 call option contracts (notional value of 1 BTC).

  • If the option premium is 0.05 BTC, the trading fee is the minimum of 0.03% × 0.01 × 1 × 100 = 0.0003 BTC, and 7% × 0.05 × 0.01 × 1 × 100 = 0.0035 BTC, i.e., 0.0003 BTC (cap not triggered). Effective Notional = Min(1, 0.0003 / 0.03%) = 1 BTC. Trading volume unchanged.
  • If the option premium is 0.001 BTC, the trading fee is the minimum of 0.0003 BTC, and 7% × 0.001 × 0.01 × 1 × 100 = 0.00007 BTC, i.e., 0.00007 BTC (cap triggered). Effective Notional = Min(1, 0.00007 / 0.03%) = 0.2333 BTC. Trading volume adjusted to 0.2333 BTC.

Options traders are advised to adjust their trading strategies in accordance with the updated rules. If you have any questions, please visit www.okx.com/help-center or contact OKX customer support via the in-app support feature.

Thank you for your continued support.

The OKX Team