OKX settlement update: 5-minute window grows sixfold to curb flash swings
OKX is changing how quickly two of its most popular Event Contracts settle, giving traders a longer window before a price is locked in. The exchange confirmed that this OKX settlement update will apply specifically to 5-minute and 15-minute Up/Down events, two of the shorter-duration contracts on its Event Contracts platform, and the change is designed to make outcomes more resistant to sudden, short-lived price swings.
Key takeaways
- The updated settlement windows take effect at 16:00 on August 17, 2026 (UTC+8).
- 5-minute Up/Down events move from a 5-second settlement window (5 data points) to 30 seconds (30 data points).
- 15-minute Up/Down events move from a 15-second window (15 data points) to a full minute (60 data points).
- The settlement price is still the arithmetic average of second-level index candle closing prices inside that window.
- Fees, P&L calculations, and existing open positions are not affected, so users donโt need to do anything.
OKX updates settlement windows for 5-minute and 15-minute Up/Down Event Contracts
OKX says the goal behind this OKX settlement update is straightforward: improve settlement stability and smooth out the trading experience for Event Contracts. Up/Down events ask traders to bet on whether a price will finish higher or lower than it started, and until now, the final outcome for the shortest contracts was decided using only a handful of seconds of price data. That narrow window left results more exposed to brief spikes or flash moves that donโt necessarily reflect the broader market direction.
โฆ Continue reading the full article at the original source below.
