OKX to adjust components of several indexes
To improve market liquidity and index stability, OKX will adjust the components of several indexes at 3:00 am - 4:00 am UTC on January 5, 2024.
Component adjustment details are as follows:
| Index | Before | After | ||||
|---|---|---|---|---|---|---|
| Exchange | Pair | Weight | Exchange | Pair | Weight | |
| ORDI/USD | Binance | ORDI/USDT | 25% | Binance | ORDI/USDT | 25% |
| Bitget | ORDI/USDT | 25% | Bybit | ORDI/USDT | 25% | |
| Gate | ORDI/USDT | 25% | Gate | ORDI/USDT | 25% | |
| OKX | ORDI/USDT | 25% | OKX | ORDI/USDT | 25% | |
| ORDI/USDT | Binance | ORDI/USDT | 25% | Binance | ORDI/USDT | 25% |
| Bitget | ORDI/USDT | 25% | Bybit | ORDI/USDT | 25% | |
| Gate | ORDI/USDT | 25% | Gate | ORDI/USDT | 25% | |
| OKX | ORDI/USDT | 25% | OKX | ORDI/USDT | 25% | |
Index Price Computation
The index price is calculated by weighting the prices of components based on their respective weights. For more details, please refer to Spot index prices.
Component adjustments can cause an index’s mark price to fluctuate, affecting the corresponding instrument’s margin and contract trading markets.
Users are advised to take necessary measures before an adjustment, such as reducing positions, adding margin, lowering leverage or even closing positions to avoid potential risks introduced by market volatility.
Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational and educational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty nor any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to Terms of Service and Risk & Compliance Disclosure for more information.
For any inquiries regarding this adjustment, please feel free to contact us via the OKX Telegram group or the Support Center.
OKX team
January 4, 2024