Updates to VIP Loan and Credit Line Risk Unit Terms and Conditions

Summary

OKX is updating how it liquidates collateral for VIP Loan and Credit Line users who hold a Risk Unit, with the changes rolling out in stages starting from 20 May 2026.
The new process adds a first stage called Soft Liquidation. When the Margin Ratio falls to 15% or below, OKX places close-only and sell-only orders in your own accounts to reduce your net market exposure, and it aims to restore the ratio above 25% using stablecoins and fiat before any forced asset transfer happens.
Forced Liquidation becomes the second stage and triggers at 8% or below, or if the first stage time limit is exceeded. The new two-stage method only applies to loans denominated in USDT or USDC when no options positions are held, and your OKX Relationship Manager will tell you when it applies to your account.
Review the updated Risk Unit Terms and keep your Margin Ratio well above the thresholds, especially during volatile markets, because any remaining loan balance stays your responsibility.

Summaries are written by AI for convenience and may contain errors. The original announcement on OKX is the official version.