OKX plans to adjust the TUSD discount rate from 4:00 PM to 5:00 PM on October 17 (UTC+8).

TechFlow reports, according to an official announcement, OKX plans to adjust the cross-currency margin mode and portfolio margin mode discount rates for TUSD at 4:00–5:00 PM (UTC+8) on October 17, 2023, aiming to provide users with a better trading experience, reduce trading costs, and improve overall liquidity.

OKX stated that under the cross-currency margin and portfolio margin modes, assets in different currencies within a unified position can be collectively converted into USD value to serve as margin. Due to significant differences in market liquidity across various cryptocurrencies, the platform applies discount rates when calculating the actual USD value of each cryptocurrency to balance market risks.