PANews reported on December 6 that according to official data, the average annualized yield (APY) of OKX's USDT and USDC spot earning products this week reached 27.72% and 20.43% respectively, higher than similar products in the industry. This reflects that the activity of borrowing users on the platform is continuing to rise.
According to the official introduction, OKX's spot simple earning product matches the assets of deposit users with users who have borrowing needs, helping deposit users earn stable lending interest. Currently, OKX's spot simple earning product supports 24-hour deposit and withdrawal at any time, with interest calculated by the hour, high flexibility, and is fully protected by OKX's risk control system to ensure the safety of user assets, aiming to provide users with a convenient asset management solution and lower the participation threshold.
