Cryptocurrency has revolutionized finance by introducing innovative tools while adapting traditional financial instruments. OKX stands at the forefront of this evolution, offering a suite of structured products designed for diverse market conditions. This guide explores four key OKX offerings—SharkFin, Dual Currency, Snowball, and the newly launched Seagull—helping investors navigate their features, risks, and optimal use cases.
1. Seagull: OKX's Latest Innovation
Structured products are sophisticated financial instruments that derive value from derivatives like futures and options. While common in traditional finance, few crypto exchanges offer them due to their customized nature. OKX breaks this barrier with its Seagull product, the first of its kind in crypto, mirroring traditional "seagull options" through a three-legged options strategy.
Key Features:
- Types: Bullish Seagull (USDT investment) / Bearish Seagull (BTC/ETH investment)
- Risk-Reward: Low-cost hedging with capped maximum returns
- Ideal Scenario: Predicts sideways or slightly bullish markets
Mechanics:
- If BTC price ≤ A: Receive BTC
- If A < BTC price ≤ B: Low-APY USDT rewards
- If B ≤ BTC price ≤ C: Medium-to-high APY USDT rewards
- If BTC price ≥ C: High-APY USDT rewards (capped)
👉 Discover how Seagull compares to other OKX products
2. Comparing OKX's Structured Products
OKX's four flagship structured products cater to distinct market outlooks. Below is a detailed comparison:
| Product | Ideal Market View | Potential APY | Key Benefit | Underlying Assets |
|---|---|---|---|---|
| SharkFin | Low volatility | 3%-15% | Capital protection + fixed yield | BTC, ETH, USDT |
| Dual Currency | Directional bias | 5%-30% | High yield in stable/volatile markets | Multi-currency |
| Snowball | Range-bound | 8%-25% | Compounding returns | BTC, ETH |
| Seagull | Sideways/slight uptrend | 4%-20% | Low-cost hedging | BTC, ETH, USDT |
Zero Fees: All OKX structured products charge no transaction fees.
3. OKX's Financial Ecosystem
Beyond structured products, OKX integrates centralized and decentralized finance through:
- Earn: Simple Earn, Structured Products, On-Chain Earn
- Borrow/Lend: Crypto-collateralized loans
- Jumpstart: Early access to vetted projects for OKB holders
👉 Explore OKX's Web3 Wallet with 70+ chains and 300+ dApps
FAQ Section
Q1: Are OKX structured products suitable for beginners?
A: Yes! Products like Seagull simplify complex derivatives into one-click strategies while offering capital protection.
Q2: How do I choose between SharkFin and Snowball?
A: SharkFin suits stable markets; Snowball excels in sideways trends with compounding returns.
Q3: What risks should I consider?
A: All structured products have capped upside. Always assess your risk tolerance and market outlook.
Q4: Can I use these products for long-term investing?
A: They're designed for short-to-medium terms (7-365 days). For long-term holds, consider Simple Earn or staking.
Q5: Does OKX charge fees on redemptions?
A: No. OKX offers zero-fee transactions for all structured products.
By merging traditional finance wisdom with crypto-native innovation, OKX empowers users with tools for hedging, yield generation, and risk management. Whether you're a conservative investor or a yield seeker, their product suite adapts to your strategy—democratizing access to advanced financial engineering.