To enhance market liquidity and improve user trading experience, OKX will adjust the minimum price precision and trading quantity precision for selected spot/margin and perpetual contract trading pairs on July 7, 2023, from 14:00 to 16:00 (UTC+8).
These adjustments aim to streamline trading operations, ensure consistency across markets, and support more precise order execution. Affected trading pairs will undergo temporary maintenance during this period. Users are advised to review the changes below and update their strategies accordingly.
🔧 Key Adjustments Overview
The update involves two core components:
- Trading quantity precision: The smallest increment by which a trade size can be specified.
- Price precision: The smallest increment by which a price can be set in a trading pair.
Changes will apply simultaneously to both spot and leveraged trading where applicable. Perpetual contracts are also included in this refinement.
📏 Trading Quantity Precision Adjustments
For select trading pairs, the quantity step size will be adjusted downward. During this change:
- Affected pairs will pause trading for 2 minutes.
- Orders must comply with the new precision rules post-adjustment.
| Trading Pair | Before | After | Adjustment Time (UTC+8) |
|---|---|---|---|
| LITH/USDT | 0.000001 | 0.00001 | 14:01 – 14:03 |
| EC/USDT | 0.000001 | 0.00001 | 14:04 – 14:06 |
👉 Discover how precision impacts your trading performance and optimize your strategy today.
📈 Minimum Price Precision Updates
A broader set of trading pairs will see increased price granularity (i.e., higher precision). This allows traders to place orders at finer price levels, improving execution accuracy.
The following pairs will have their price tick size reduced, meaning more decimal places are supported:
Perpetual Contracts
- LPT/USDT: 0.01 → 0.001
- RSR/USDT: 0.00001 → 0.000001
Spot Pairs
- ALCX/USDT: 0.1 → 0.01
- AUCTION/USDT: 0.01 → 0.001
- BORA/USDT: 0.001 → 0.0001
- BORING/USDT: 0.00001 → 0.000001
- CLV/USDT: 0.0001 → 0.00001
- CVX/USDT: 0.01 → 0.001
- DIA/USDT: 0.001 → 0.0001
- DOSE/USDT: 0.00001 → 0.000001
- EC/USDT: 0.000001 → 0.0000001
- FODL/USDT: 0.00001 → 0.000001
- FORTH/USDT: 0.01 → 0.001
- GARI/USDT: 0.0001 → 0.00001
- GEAR/USDT: 0.00001 → 0.000001
- JOE/USDT: 0.001 → 0.0001
- KOL/USDT: 0.00001 → 0.000001
- KONO/USDT: 0.001 → 8 other pairs updated with higher decimal support
- LHINU/USDT: 8 decimals → 9 decimals
- LITH/USDT: 7 decimals → 8 decimals
- LPT/USDT: same as perpetual
- MCO/USDT, MDA/USDT, MITH/USDT, MLN/USDT, MOVEZ/USDT, MYRIA/USDT — all moving to finer increments
- Multiple tokens including OM, ORBS, PNK, POLS, PSTAKE, QOM (now supporting up to 11 decimal places), RAY, RSR (on both USDC and USDT), SAMO, SKL, STC, T, THG, WGRT, WIFI — all updated for enhanced pricing resolution.
This level of refinement benefits algorithmic traders, arbitrageurs, and active market participants who rely on micro-price advantages.
⚠️ Risk Notice & Service Interruption
During the adjustment window:
- Trading will be paused for exactly 2 minutes for any pair where precision is being tightened (i.e., more decimals removed).
- Users cannot place or cancel orders, add margin, or transfer funds during this brief downtime.
- All other trading pairs remain unaffected and fully operational.
- Adjustments that increase precision (more decimal places) do not require service interruption and will take effect seamlessly.
📋 Order and Position Handling Rules
To maintain system integrity during transitions, OKX has defined clear handling protocols for open orders and active strategies.
✅ Trading Quantity Precision Changes
When Precision Is Reduced (Fewer Decimals Allowed)
Example: From ±7 to ±5 decimal places
Limit Orders:
- If an order’s quantity exceeds the new precision (e.g.,
8.99999under a±5cap), it will be automatically canceled. - Orders within the new limit (e.g.,
8.9999) remain valid.
- If an order’s quantity exceeds the new precision (e.g.,
Strategy Orders:
- Grid and Martingale strategies (e.g., spot grid, futures grid) will have all open orders canceled, and the entire strategy terminated.
- Other strategies (e.g., DCA, TWAP, Iceberg, Arbitrage, Stop-Loss) retain configuration but resume trading under the new precision after restoration.
💡 Example: An order for8.99999units when the new minimum is8.9999will be rejected unless truncated.
When Precision Is Increased (More Decimals Allowed)
- No orders are canceled.
- All existing trades remain active.
- New orders can use finer increments after activation.
🔄 API Note: For backward compatibility, API users submitting outdated precisions will have values automatically truncated without rejection — but web and mobile clients will block non-compliant inputs.
✅ Minimum Price Precision Changes
When Price Steps Are Enlarged (Less Granular)
Example: Tick size from ±5 to ±3 decimals
Limit Orders:
- Prices exceeding the new step (e.g.,
135.678) under a±3rule (step = ±5) are canceled. - Valid prices like
135.675remain active.
- Prices exceeding the new step (e.g.,
Strategy Orders:
- Grid and Martingale systems are terminated if any open order violates the new tick size.
- Other strategies survive the transition and restart using updated parameters.
When Price Steps Are Refined (More Granular)
- No impact on current orders.
- All pending trades remain intact.
- New orders can utilize tighter pricing post-update.
🖥️ Display Logic:
Web and mobile users see historical data rounded according to new standards:
- Buy prices: truncated
- Sell prices: rounded up
- API users retain full original precision in historical records.
🔍 Core Keywords for SEO & Search Intent Alignment
To align with common search queries and improve discoverability, these keywords have been naturally integrated throughout the article:
OKX trading precisionminimum price step sizequantity precision adjustmentspot and perpetual contract updatescrypto trading rulesorder book optimizationmarket liquidity improvementtrading pair maintenance
These terms reflect real user concerns around exchange mechanics, technical specifications, and platform transparency.
❓ Frequently Asked Questions (FAQ)
Q: Why is OKX adjusting price and quantity precision?
A: These updates improve market efficiency by aligning with evolving trading volumes and user demand for finer control over orders. Enhanced precision supports better price discovery and reduces slippage in fast-moving markets.
Q: Will my open positions be liquidated during the adjustment?
A: No — open positions themselves are not closed due to precision changes. However, associated limit or conditional orders may be canceled if they don’t meet new formatting rules.
Q: Do I need to manually close my grid trading bots?
A: Yes — if your grid bot uses a pair undergoing reduced precision, its open orders may be canceled and the strategy stopped automatically. It's recommended to pause or reconfigure such bots before the maintenance window.
Q: How does this affect API traders?
A: API traders benefit from automatic truncation of values that exceed new limits, allowing continued operation without immediate code changes — though updating integrations is advised for long-term reliability.
Q: Are all USDT pairs affected?
A: Not all — only specific pairs listed above are included in this phase of adjustments. Most major cryptocurrencies (BTC, ETH, etc.) are unchanged in this rollout.
Q: Where can I check updated trading rules?
A: Visit the official OKX trading rules page or review each trading pair’s specification under the “Info” tab on the trading interface.
👉 Stay ahead of market changes — access real-time trading tools on OKX now.
Final Notes
While these adjustments may temporarily disrupt certain automated strategies, they represent a forward-looking step toward a more efficient, transparent, and user-centric trading environment.
OKX remains committed to delivering high-performance infrastructure, continuous product innovation, and superior service quality across all its platforms.
Users are encouraged to monitor announcements and prepare their systems ahead of future technical upgrades.