OKX to Adjust Options Trading Fees Starting February 2025

In a bid to enhance its derivatives offerings, OKX has announced significant adjustments to its options trading fee structure. The changes, set to take effect at 10:40 am UTC on February 10, 2025, introduce a more granular tier system with incentives for high-volume traders.

New Fee Structure

The updated fee schedule includes:

• Standard Tiers (Levels 1-5): Based on OKB holdings with fees ranging from 0.030% to 0.026% for makers and a flat 0.030% for takers
• VIP Tiers (1-8): Based on assets or trading volume with maker fees progressively decreasing from 0.025% to -0.010% and taker fees from 0.030% to 0.013%

Notably, VIP tiers 6 through 8 will offer negative maker fees, effectively paying users for providing liquidity to the options market.

Eligibility Requirements

Traders can qualify for VIP status through either:

• Maintaining sufficient USD-equivalent assets on the platform
• Achieving the required 30-day trading volume

For example, VIP 1 status requires either ≥100,000 USD in assets or ≥5,000,000 USD in 30-day trading volume.

Market Context

This fee restructuring comes amid growing competition in the crypto derivatives space. With options trading gaining popularity among institutional investors, exchanges are competing to attract liquidity providers and sophisticated traders.

The introduction of negative maker fees for top-tier traders represents an aggressive move by OKX to capture market share from competitors like Deribit and CME Group.

For the complete rate table and additional details, users can visit the official OKX fees page at: https://www.okx.com/fees

OKX has stated that these changes are part of its commitment to providing improved products and higher quality services to its user base.