OKX Simple Earn Adds SOL, MATIC, and USDT Flexible Products
OKX has expanded its Simple Earn offering with new flexible savings products for SOL, MATIC, and USDT, allowing users to earn yield on idle assets with no lock-up period.
OKX Simple Earn has added flexible savings products for SOL, MATIC and USDT. Users can earn yield on these assets without a fixed lock-up period.
Estimated APY
| Asset | Estimated APY | Min. subscription |
|---|---|---|
| SOL | 4.2% | 0.1 SOL |
| MATIC | 3.8% | 10 MATIC |
| USDT | 5.5% | 10 USDT |
How Simple Earn works
OKX places user funds in institutional lending markets and on-chain protocols, and returns come from borrowing demand and yield farming strategies. OKX acts as the risk manager, and the products are covered by its risk reserve fund.
Interest starts accruing right after subscription and is paid daily to the funding wallet. Users can redeem at any time, with funds returned within minutes. Flexible products have no maximum subscription limit.
OKX referral code
Use referral code 2646442 to get 20% off trading fees when you sign up.