OKX USDT Simple Earn (Current Deposit) APR Soars to 39%

According to Odaily Planet Daily, OKX data shows that the annualized interest rate (APR) for the OKX platform's USDT "Easy Earn Coin" (current account) product surged to 39% in the past hour. Since last night, the rate has fluctuated widely between 5% and 46%, reaching a high of 46% around 5:00 AM today.

It is reported that the rapid surge in interest rates for current deposits like OKX's is usually accompanied by periods of significant market volatility. Today, ETH continued its upward trend, breaking through the $4,600 mark, setting a new high since 2022.