OKX Launches XAU (Gold) Event Contract

Publicado el 15 jun 2026Lectura de 2 min

Dear OKX Users,

OKX will officially launch XAU (Gold) Event Contract on June 16, 2026 (UTC+8), marking the first metal underlying introduced to the Event Contract . XAU Event Contract uses the XAU-USDT index as its settlement benchmark, tracking gold price movements. The update will apply to the Web, App, and API interfaces. Details are as follows:

I. New Instruments

Instrument

Description

XAU Daily Up/Down

whether the settlement price will be above or below the target price

XAU Daily Price Above

whether the settlement price will reach or exceed a specified threshold price

II. Settlement Rules

Settlement Index: OKX XAU-USDT IndexSettlement Time: 5:00:00 PM U.S. Eastern Time (ET), automatically adjusting for U.S. daylight saving transitions (EST/EDT). Timezone conversion:

Timezone

During EST (Winter)

During EDT (Summer)

UTC+8 (Beijing/Hong Kong)

Next day 06:00

Next day 05:00

UTC

22:00

21:00

Settlement Price: Arithmetic mean of the XAU-USDT index price over the 60-second window immediately preceding the settlement time, rounded to 4 decimal places (round-half-up).

III. Trading Hours & Non-Trading Days

Currently, the settlement time for XAU Event Contract is aligned with the international spot gold market (CME COMEX) trading schedule.

  • Non-Trading Days: OKX references the XCEC Holiday Calendar and relevant trading-hours metadata. Where the scheduled expiry of an XAU event contract falls on a known non-trading day, contracts for that period will not be listed.

  • Unscheduled Closures / Early Closes: If a contract has already been listed and users hold positions, but the underlying market subsequently experiences a trading halt, unscheduled closure, early close, or comparable disruption, OKX will initiate manual settlement using the most recent available tradeable price data.

For more details, please refer to How to Trade Event Contracts and Settlement Logic.