Explanation of Trading Service Disruption on July 5, 2023

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1. Incident Overview

On July 5, 2023, between 16:20:00 and 18:00:00 (UTC+8), some users experienced disruptions in trading functionality on OKX. Below is the detailed timeline of the incident:

2. Root Cause Analysis

The disruption originated from an unexpected server overload during the reboot of a critical infrastructure component. This failure cascaded into downstream trading systems, impairing request processing. The issue was resolved by optimizing system configurations.

3. Preventive Measures

To mitigate recurrence, OKX has implemented the following upgrades:

4. Our Commitment to Users

👉 OKX prioritizes platform reliability and continuous improvement in performance, stability, and features. However, maintaining a 24/7 high-performance system is inherently complex, and occasional disruptions may still occur.

Transparency and timely communication remain central to our user trust:


FAQs

Q1: How long did the July 5 disruption last?
A1: Approximately 1 hour and 40 minutes (16:20–18:00 UTC+8).

Q2: Were funds or data compromised during the outage?
A2: No user assets or data were affected; the issue solely impacted trading functionality.

Q3: What steps is OKX taking to prevent future outages?
A3: We’ve expanded fault testing and system load evaluations to strengthen resilience.

👉 Explore OKX’s advanced trading infrastructure for a seamless experience.

Q4: How can users stay informed during system issues?
A4: Follow our Telegram announcements or check the Status Page for live updates.

Q5: Does OKX compensate users for service disruptions?
A5: Compensation policies vary by incident severity; details are shared via official channels post-resolution.

Q6: How often does OKX conduct system maintenance?
A6: Scheduled maintenance is rare and announced weeks in advance to minimize user impact.