To meet user demand for efficient asset utilization and staking rewards, OKX will launch the SOL liquid staking token OKSOL on December 11, 2024, alongside spot trading pairs OKSOL/SOL and OKSOL/USDT. OKSOL will also be supported as collateral. Additional earning activities will follow.
What Is OKSOL?
OKSOL is OKX’s Solana liquid staking token, representing SOL staked on the platform. Users receive OKSOL at a 1:1 ratio when staking SOL. Holders benefit from:
- Native staking rewards + MEV incentives
- Maintained liquidity (tradeable/mortgageable)
- Underlying SOL remains staked
👉 Discover how liquid staking maximizes capital efficiency
Key Advantages of OKSOL
1. Security & Stability
- Operates as OKX’s official staking certificate
- Zero smart contract risk
2. Flexible Redemption Options
| Method | Processing Time |
|---|---|
| Standard redemption | 3-5 days |
| Spot market sale | Instant |
| Fast redemption (coming soon) | TBA |
3. Enhanced Capital Efficiency
- Use as collateral in margin/loan scenarios
- Future integration with structured products
How to Acquire OKSOL
Two primary methods:
1. Staking Portal:
Navigate to Finance → On-Chain Earn → SOL Staking
2. Spot Trading:
Purchase via OKSOL/SOL or OKSOL/USDT pairs
OKSOL Spot Trading Launch Details
Trading Pairs & Timeline
| Pair | Call Auction (UTC+8) | Trading Starts (UTC+8) |
|---|---|---|
| OKSOL/USDT | 15:00-16:00 | 16:00 |
| OKSOL/SOL | 15:30-16:30 | 16:30 |
Risk Controls (First 5 Minutes)
- ❌ Market orders disabled
- ⚠️ Limit orders capped at $10,000 per transaction
👉 Understand call auction mechanics
OKSOL as Collateral
- Activation: December 11, 17:30 (UTC+8)
- Supported in:
- Cross-margin accounts
- Portfolio margin accounts
- Discount rates apply (check platform post-launch)
Upcoming OKSOL Earning Activities
OKX will announce incentive programs to boost user returns. Stay tuned for official updates.
Frequently Asked Questions
Q: How does OKSOL differ from regular staking?
A: Unlike locked staking, OKSOL lets you trade/mortgage assets while earning staking rewards.
Q: Are there risks with liquid staking?
A: Price volatility exists, but OKSOL eliminates smart contract risks through centralized custody.
Q: Can I unstake OKSOL anytime?
A: Standard redemptions take 3-5 days, but instant selling is available via spot markets.
Disclaimer:
Digital assets carry risk of total loss. This is not investment advice. Historical returns don’t guarantee future performance. Third-party protocol interactions are governed by their respective terms. OKX bears no responsibility for protocol-related losses.
OKX Team
December 11, 2024