OKX xBTC Borrow Fee Rebates

Eligibility

• You must use only xBTC as collateral in the borrowing account

• You may borrow only USDC

• Positions with any other collateral or borrowed asset are not eligible

Note: Use a dedicated sub-account if you plan to use mixed collateral strategies

Fee Tracking

• Borrow fees (origination fees) are charged when trades are opened

• Fees are tracked over fixed 30-day cycles

Rebate Schedule

• 100% of borrow fees from each cycle are reimbursed

• Each cycle is one month long starting from the first of each month

• Rebates are processed on the first day of the following month

Claim

• All eligible users will be able to claim their rebate through a UI that will be available soon

• Rebates will not require any action until the UI is live

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