"Passive Income Just Got Smarter—No Fees, No Hassle, Just Earnings"

OKX has introduced a new feature called USDG Automatic Earn, designed to allow users to generate returns by utilizing USDG as collateral without the need for additional subscription or fees. The feature automatically begins to accrue interest once a user holds at least 1 USDG in their OKX account, with earnings distributed weekly into the user’s funding account. This innovation addresses the demand for enhanced capital efficiency and passive income generation within the digital asset space [1].

The USDG stablecoin, which underpins the new feature, is issued by Paxos Digital Singapore Pte. Ltd. (PDS) and operates under the regulatory oversight of the Monetary Authority of Singapore (MAS). PDS is authorized as a primary payment institution and is compliant with the MAS’s upcoming stablecoin framework. This regulatory alignment reinforces USDG’s stability and security, positioning it as a reliable asset for users seeking to maximize returns while maintaining the flexibility of using USDG for other trading and collateral purposes [2].

Compared to traditional earning products, the USDG Automatic Earn feature offers several distinct advantages. It does not impose additional fees, has no purchase limits, and allows for continuous earning without interrupting trading activity. In particular, the feature is especially beneficial for users engaging in collateralized lending or margin trading, where USDG can enhance capital utilization while generating passive income. These benefits align with broader trends in the crypto market, where users increasingly seek to optimize their asset usage without compromising on security or flexibility [1].

In a separate development, OKX has announced a related feature, the Automatic Coin Earning, exclusively for VIP users. This function allows users to lend their trading account assets—specifically, full-position positive equity—without affecting their collateral or trading margin. Initially supporting USDT, the feature is compatible with spot, contract, cross-currency margin, and portfolio margin accounts. Additional currencies are expected to be added in the future. This offering is designed to streamline the earning process, requiring users to enable the feature once, with subsequent operations handled automatically based on configured parameters [3].

The Automatic Coin Earning feature works by enabling users’ assets to participate in interest rate auctions according to the set annualized lending rate. Assets that secure a successful bid are then lent out to users with margin or spot loan requirements. Upon activation, the feature remains active for a minimum of 24 hours, after which users can disable it at any time. During the earning period, the funds used cannot be withdrawn or transferred, nor can they be used for borrowing or withdrawing the same currency. Users, however, can access historical earnings data and detailed rules directly through their trading account’s asset pages [3].

Source:

[1] OKX launches USDG automatic earning feature (https://www.chaincatcher.com/en/article/2201482)

[2] OKX Launches USDG Automatic Interest Earning Function (https://www.panewslab.com/en/articles/2222bb94-ee75-4cee-837a-de764f46dc6a)

[3] Automatic Coin Earning for Trading Accounts (https://www.odaily.news/en/newsflash/443538)