OKX is rolling out several Event Contract updates on its Web, App, and API, including new SOL instruments, a new 5-Minute Up/Down type, settlement rule changes, and finer order price steps.
SOL Up/Down and SOL Price Above event contracts launch after 16:00 (UTC+8) on May 14, 2026, and the new 5-Minute Up/Down type, starting with BTC, ETH, and SOL, is expected on May 19, 2026.
Event contracts settling after 16:00 (UTC+8) on May 14, 2026 will use new rules: the settlement price becomes the average of closing prices from seconds-level index candles, and the 15-Min Up/Down window shortens from 60 seconds to 15 seconds. Contracts settling before that time follow the old rules.
Smaller price steps (0.1%) apply at prices of 0.04 or lower and 0.96 or higher starting after 16:00 (UTC+8) on May 19, 2026, and the orderable range widens to 0.001 to 0.999. Your payouts, fees, and open positions are unchanged, so no action is required for the settlement change.