Lead traders: Introduction to lead trader profit-sharing level

Published on Sep 4, 2023Updated on Apr 4, 20242 min read

1. What is lead trader profit-sharing level
The OKX lead trader profit-sharing level aims to reward high quality lead traders with higher profit shares based on their respective 90-day average AUM.
2. Profit-sharing level breakdown

Level 90-day average AUM (X) Max profit-sharing ratio
1 0 ≤ X < 100,000 USDT 8%
2 100,000 ≤ X < 500,000 USDT 10%
3 500,000 ≤ X < 1,000,000 USDT 12%
4 ≥ 1,000,000 USDT 13%

3. Calculation of lead trader's AUM

The calculation of lead trader's AUM is as follows:

AUM = Total investment amount of all copy traders

Copy trader investment amount = Trader's max total copy trade amount or USDT equity in trading account (whichever is less) 90-day average AUM = Lead trader AUM over last 90 days / 90

The AUM and profit-sharing level of lead traders will be calculated and updated every Monday at 0:00 (UTC +8) with profit-sharing settled on a weekly basis.

1. What is the profit sharing level for lead traders who join for the first time without 90-day trade records?
On the first day, the profit-sharing level will default to level 1.

The AUM of the lead trader will be calculated, and the profit-sharing level will be updated on the following day (T+1) at 00:00 (UTC +8).

2. If I quit as a lead trader and rejoin later, can I retain my profit sharing level?
When rejoining, the AUM from your previous lead trader history will not be considered. You will be treated as a new trader.

3. Will my profit share automatically change when my profit-sharing level changes?
If there is an improvement in your profit-sharing level, the max profit-sharing ratio will increase. However, your actual profit share as a lead trader will remain the same. You will be notified of the profit-sharing level change and can manually adjust your profit-sharing ratio if desired.

If there is a decrease in your profit-sharing level, the upper limit of the max profit-sharing ratio will decrease, and your actual profit share as a lead trader will decrease to the max profit-sharing ratio of the lower level.