OKX Simple Earn (USDT) pays a yield on USDT deposited with the OKX exchange, which deploys the balance into its lending and structured-product programmes. Flexible and fixed-term options are available at variable rates. It scores 62/100 (Tier 3) on the RWTS Trust Score: OKX is a major global exchange with substantial liquidity, but the product is custodial, the yield depends on internal lending activity, and counterparty and regulatory risk apply. As with all exchange earn products, the return is a platform offering backed by the exchange's solvency, not a claim on a segregated reserve.
- Issuer / protocol
- OKX
- Backing
- USDT deposits in OKX lending and structured products
- Redemption / lock-up
- Flexible or fixed-term
- Audit & proof of reserves
- Independently audited
- Availability
- Limited US access, strong in Asia/Europe
- Chain
- Multi-chain
- Tier
- Tier 3 — Secured DeFi
Scored on the published RWTS methodology (v1.1), reviewed quarterly and on material events. Ratings are independent and never pay-influenced.
Calculations are indicative. Actual yields may vary.
Price data from CoinGecko. Not financial advice.
Current yield of 4.00% sits at 50% of the observed range. There may be room for rates to improve.
Projections assume constant APY of 4.00%. Actual returns may vary. Not financial advice.
Beyond USDT's own score, two structural questions matter: what is it built on, and what has broken before in this part of the market. A high score in isolation can still carry hidden, shared exposure.
What this and similar assets are built on, and where contagion could spread.
The depegs, defaults, and exploits that inform the Track Record dimension.
Liquidity read: TVL of $2.55B indicates deep on-chain liquidity. Lock-up: Flexible or fixed-term.
Is USDT safe?
USDT (OKX Simple Earn (USDT)) scores 62/100 on the independent RWTS Trust Score, which places it in Secured DeFi (Tier 3). Tier 3 carries real DeFi exposure: the backing is sound but smart-contract and collateral risk are live, so size positions accordingly. Backing: USDT deposits in OKX lending and structured products. It is independently audited. The score reflects backing, verification, redeemability, audit, regulatory standing, and track record, not headline yield. We rate. You decide.
Exit routes
8/15 · right 8/8 · routes 0/7If the issuer stopped cooperating tomorrow, could you get out?
No. Every route runs through the issuer
- issuer
OKX
The position is a balance on OKX, not a token a holder controls. Withdrawal is on demand and unrestricted in normal conditions, and it is the only way out.
- issuer
none
There is no transferable instrument, so no independent market can exist for the position itself. Whatever the underlying asset trades at elsewhere is irrelevant until the exchange releases it.
Route 0. Right 8, because withdrawal is on demand with published terms and no minimum. Every path out runs through OKX, which is the same structure that scores KAU zero, at a different kind of counterparty.
This is the redeemability component of the Trust Score above, which stands at 62/100 (C+). Until 1 September 2026 redeemability was a single figure measuring the right to redeem while ignoring how many routes existed to exercise it. Splitting it moved this asset’s score. How the score works
Assessed 2026-09-01. Route independence asks how many ways out the issuer cannot close, not how much the asset trades.
Compare USDT
Head to head on the Trust Score with similar assets.