OKX xBTC Borrow Fee Rebate
Section
Key Points
Eligibility
• Wallet supplies xBTC only as collateral
• Borrows USDC or APT exclusively
• Adding any other asset as collateral voids eligibility
(work-around: open a separate profile for mixed collateral)
Fee flow
• Borrow fees accrue and are charged in real time
• We track them for 30-day cycles starting 16 Jun → 16 Jul, 16 Jul → 16 Aug, etc.
Reimbursement cadence
• 100 % of fees paid in the previous cycle are reimbursed on the 1st business day of the following month (e.g., fees from 16 Jun–16 Jul reimbursed on 1 Aug). Note that there might be a small discrepancy in the order of 0.000001 USD which is almost negligible.
Claiming UI
We will announce a UI for users to claim their borrow fee.
Example
• Deposit 10 xBTC
• Borrow 10 000 USDC on 16 Jun
• Borrow fee = 10 USDC during 16 Jun–16 Jul
• 10 USDC becomes claimable on 1 Aug
• If you also post 10 000 APT as collateral, no borrow rebate qualifies.
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