OKX BUIDL Rewards Terms and Conditions
1. Introduction
OKX BUIDL Rewards is offered by the OKX entity on which you are onboarded as a customer under the OKX Terms of Service (each such entity hereafter referred to as "OKX") or relevant local entity Terms of Service, as applicable.
These Terms and Conditions shall supplement our Terms of Service or relevant local entity Terms of Service. In the event of any conflict or inconsistency of any term or provision set forth in these Terms and Conditions and our Terms of Service, such conflict or inconsistency shall be resolved by giving precedence first to these Terms and Conditions.
By accessing the Reward page and participating in this Reward, you are deemed to have read, understood, and agreed to be bound by these Terms and Conditions.
2. The BUIDL Reward Programme
BUIDL is a token representing a stake in the BlackRock USD Institutional Digital Liquidity Fund ("BUIDL Fund").
OKX may, at its sole discretion, issue rewards denominated in BUIDL tokens ("Rewards") to customers who custodise BUIDL on the platform.
Important Disclosure: Rewards are discretionary payments from OKX. They do not represent yield generated by underlying assets, not do they constitute funds received from BlackRoack, Securitize Markets LLC, or its affiliates.
OKX reserves the right to modify the Reward rate ("APY"), change eligibility, or discontinue the programme at any time without notice.
3. Reward Calculation and Distribution
Rewards shall accrue daily provided you have not opted out to receive rewards, and your minimum balance is at least 1 BUIDL during a 24-hour period (based on hourly snapshots taken between 05:00 and 04:59 (T+1) (UTC+8)
The amount of Rewards accrued is based on the lowest recorded balance of BUIDL during such period multiplied by the prevailing APR rate as published by OKX from time to time.
Accrued Rewards are distributed to your Account weekly.
Estimates of APY published on the website are for informational purposes only, and may not reflect actual Rewards received or compounding effects.
4. Eligibility and Participation
Only eligible OKX customers will be able to participate in this rewards program. Customers must pass or have previously passed OKX’s advanced identity verifications.
BUIDL invested in trading bots (where such trading bots supporting BUIDL are offered and permitted in your jurisdiction) shall not be eligible for any Rewards accrual.
All applicable direct or indirect taxes, as well as any fees or additional expenses arising from the acceptance, receipt and use of Rewards under this Service, shall be the sole responsibility of the customer. This includes, without limitation, any connection, installation, or service-related charges.
You may opt out of or back into BUIDL Reward Programme at any time through your account settings.
While Blackrock distributes returns on BUIDL tokens to OKX, Rewards do not represent yields generated by the underlying assets. We are under no obligation to pay out Rewards. Once Rewards are paid, such Rewards remain under your control at all times. OKX will not utilise your funds without your explicit permission. Your BUIDL Rewards, which may vary based on your location and account type, are determined solely by OKX. We reserve the right to modify the BUIDL Reward Annual Percentage Yield (APY) and/or discontinue the BUIDL Reward Program at our sole discretion, without prior notice. We strongly recommend that you review the BUIDL Reward Program updates regularly to stay informed of any changes.
5. Mandatory Risk Disclosures
Virtual Assets (including BUIDL) are not legal tender and are not backed by any government. OKX is not a bank, or depository institution, and your BUIDL balance is not a protected deposit.
The APR offered by OKX is independent of and may not align with prevailing market rates for traditional bank deposit accounts or the reward rates for BUIDL published by Blackrock or other institutions.
Participation in this programme involves significant risk. Virtual assets are subject to extreme volatility and may lose their value.
This Service is not,
investment advice or an investment recommendation;
an offer or solicitation, buy or sell crypto/digital assets; or
financial, accounting, legal or tax advice.
You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult a legal/ tax/investment professional for questions about your specific circumstances. Crypto/digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, can lose value. Past performance or historical returns are not indicative of future returns or future results. OKX is not responsible for any potential losses. Not all products are offered in all regions and this activity may be limited or not offered across some markets.
OKX reserves the right to monitor participant behavior during the event and to disqualify any user it deems to have engaged in fraudulent, abusive, or otherwise irregular conduct. Prohibited conduct includes, but is not limited to: registering multiple accounts, using accounts or personal information belonging to others, submitting falsified KYC documentation, manipulating trading volume, engaging in wash trading or self-dealing, repeatedly recycling on-chain funds, participating in reward farming groups, or any other illegal, deceptive, or harmful activities. OKX reserves the right to revoke a participant’s eligibility without prior notice in the event of any such conduct.
6. General Provisions
OKX reserves the right to interpret these Terms of this Service as it sees fit. It reserves the right to modify these Terms at any time, exclude any participants from this Service, and/or cancel this Service without notice.
For more details, please refer to the OKX Terms of Service and Risk & Compliance Disclosure.
OKX is not responsible for technical, pictorial, typographical, or editorial errors or omissions. For more information, go to www.okx.com © 2026 OKX. All rights reserved.
If there is a discrepancy between the English version of these Terms and Conditions and translations in other languages, the English version shall prevail.