Event Contract UpDown Event Settlement Rule Update

Published on Aug 14, 20262 min read

Dear OKX Users,To further improve settlement stability and the trading experience for Event Contracts, OKX will adjust the settlement windows for 5-minute and 15-minute Up/Down events. Details are as follows:

I. Effective Time

16:00 on August 17, 2026 (UTC+8)

From the effective time above, the relevant Up/Down events will be settled under the updated rules.

II. Settlement Rule Changes

Event Type

Current Settlement Window

Updated Settlement Window

5-Minute Up/Down events

5 seconds (5 data points)

30 seconds (30 data points)

15-Minute Up/Down events

15 seconds (15 data points)

1 minute (60 data points)

The settlement price will continue to be calculated as the arithmetic average of the closing prices of the second-level index candles within the settlement window.All other settlement mechanics, including the index source, outcome determination, and dispute review process, remain unchanged. This update will not affect users’ P&L settlement amounts or fees. Existing positions can continue to be held and traded, and no action is required.For details, please refer to How to Trade Event Contracts and Settlement Logic.