Explanation of Trading Service Interruption on January 29, 2021

·

1. Incident Overview

On January 29, 2021, between 17:37:00 HKT and 18:18:00 HKT, OKX experienced intermittent website access issues and trading disruptions.

Root Cause Analysis:
A sudden surge in website traffic temporarily overwhelmed our caching system's bandwidth capacity, causing internal service timeouts and sporadic server irregularities across WEB, APP, and API interfaces.

Key Timeline of Resolution:

Time (HKT)Action Taken
17:37:00Monitoring systems detected anomalies; market depth data and trading halted.
17:40:00Engineers identified bandwidth congestion as the primary issue.
17:58:00WEB/APP restored for market data and basic trading.
18:05:00API timeouts occurred in perpetual futures due to backlogged requests.
18:18:00Full API functionality reinstated.

2. Measures to Ensure Platform Stability

At OKX, we prioritize delivering 24/7 uninterrupted trading services. While no system guarantees 100% uptime, we implement rigorous protocols to maximize reliability:

👉 Explore OKX's real-time system status updates here


3. Staying Informed About System Updates

  1. Post-incident reports are published on our Status Page.
  2. API users can subscribe to the system/status channel for instant notifications.

FAQs

Q: How often does OKX experience service interruptions?

A: Major disruptions are rare, thanks to proactive infrastructure upgrades. Minor issues are typically resolved within minutes.

Q: Can users claim compensation for downtime losses?

A: OKX does not offer compensation for volatility-related losses during outages, as stated in our terms of service.

Q: What’s the best way to monitor OKX’s operational status?

A: Bookmark our 👉 Status Page for live updates.

For further inquiries, contact our 24/7 support team via the OKX Help Center.