Introduction to Shark Fin Savings Products
Shark Fin is OKX's capital-protected savings product that offers users higher APY rewards when the underlying asset expires within a predefined price range. This innovative financial instrument combines security with market opportunity:
- 100% capital protection ensures your principal remains safe
- Dual-directional exposure lets you profit from both bullish and bearish markets
- Stablecoin settlements (USDT) provide predictable returns
- Flexible durations (3-day or 7-day options) suit different investment horizons
- No hidden fees - OKX charges zero trading or processing fees
How Bullish Shark Fin Works
Investors choose Bullish Shark Fin when anticipating BTC/ETH price increases. The final APY depends on the asset's price at maturity:
Payout Scenarios
- Below range - Base APY applies
- Within range - APY scales proportionally between minimum and maximum rates
- Above range - Base APY applies
Example Calculation:
- Investment: 1,000 USDT
- APY Range: 1%-18%
- Term: 7 days
- BTC Price Range: $18,000-$21,000
Scenario 1: BTC at $17,000 (<$18,000)
- APY: 1%
- Returns: 1,000 × (1 + 0.01 × [7/365]) = 0.192 USDT
Scenario 2: BTC at $19,500 ($18,000-$21,000)
- APY: 4% + [(19,500-18,000)/(21,000-18,000)] × (18%-4%) = 11%
- Returns: ~2.110 USDT
👉 Discover how Bullish Shark Fin outperforms traditional savings
Understanding Bearish Shark Fin
This option suits investors expecting BTC/ETH price declines, with similar mechanics but inverted payout structure:
Payout Scenarios
- Below range - Base APY applies
- Within range - APY decreases proportionally from maximum rate
- Above range - Base APY applies
Example Calculation:
- Investment: 1,000 USDT
- APY Range: 2%-19%
- Term: 7 days
- BTC Price Range: $18,000-$21,000
Scenario 1: BTC at $17,000 (<$18,000)
- APY: 2%
- Returns: ~0.384 USDT
Scenario 2: BTC at $19,500 ($18,000-$21,000)
- APY: 19% - [(19,500-18,000)/(21,000-18,000)] × (19%-4%) = 11.5%
- Returns: ~2.205 USDT
Key Advantages of Shark Fin Products
- Market-neutral strategy - Profit regardless of market direction
- Short-term liquidity - 3/7-day terms prevent capital lockup
- Transparent pricing - All parameters disclosed upfront
- Automated settlements - No manual calculations required
👉 Start earning with Shark Fin today
Frequently Asked Questions
What makes Shark Fin different from regular savings?
Shark Fin offers capital protection with market-linked returns, unlike traditional savings with fixed rates. Your principal remains safe while gaining exposure to crypto price movements.
How are APY ranges determined?
APY ranges reflect market volatility expectations and are set algorithmically based on current market conditions. Ranges adjust automatically for each new product offering.
Can I redeem my investment early?
No. Shark Fin products have fixed terms (3 or 7 days). Early redemption isn't permitted due to the structured nature of the product.
What happens if prices move dramatically?
Your capital remains protected regardless of price movements. You'll always receive at least the base APY, with potential for higher returns if prices stay within predetermined ranges.
Why choose Shark Fin over spot trading?
Shark Fin eliminates liquidation risks associated with margin trading while providing structured exposure to price movements - perfect for investors seeking principal protection.
How often are new Shark Fin products issued?
OKX typically releases new Shark Fin products weekly. Check the Earn section regularly for updated offerings.