Last Updated: 3 June 2026
VIP Loan supports loans of fixed interest rates for a fixed term of 90 days. Borrowers are charged constant interest during the loan period, providing both predictability and stability.
Checklist
- What is VIP Loan?
- Key Advantages
- Overview
- How to borrow from VIP Loan?
- Set your borrowing amount based on the prevailing market APR and your collateral value.
- Interest
- Repayment
- Rollover
- Risk Control
Notes
VIP Loan works on a peer-to-peer model, matching lending orders (taker orders) to borrower orders (maker orders). OKX sets the APR based on market conditions, taking into account various factors. Borrowers place orders on the VIP Loan order book, specifying their borrowing amount.
Lenders place lending orders on the Simple Earn Fixed orderbook. The system then matches lending orders to borrowing orders. Once matched, OKX will verify the MR (Margin Ratio) of the borrowers. If it meets the requirement of the IMR (Initial Margin Ratio), the loan amount will be directly added to borrowers' account. Full interest will be charged at the end of the term.
Low collateral requirements, with up to 2.5X leverage
Borrowing amount directly added to the account balance
Details follow the official OKX help article; this page is a learning checklist, not an official mirror.
