Dual Investment, explained

Dual Investment is an OKX Earn product. You commit an amount for a short term, usually a few days to two weeks, at a target price. You are paid a yield whatever happens. What you get back at the end depends on where the price settles against that target.

Buy low

You commit USDT and choose a target price below the current market.

• If the price settles at or below the target, your USDT is converted: you buy the asset at the target price. This is the dip you said you wanted.
• If it settles above the target, you get your USDT back.

Either way you receive the yield on top.

Sell high

You commit the asset itself and choose a target above the current market.

• If the price settles at or above the target, your asset is sold at the target price.
• If it settles below, you keep the asset.

Again, the yield is paid either way.

The settlement price is not the price at the moment of expiry. OKX uses the average index price between 15:00 and 16:00 Hong Kong time on the settlement day.

Reading the APR

Products are quoted as an APR, but the term is short, so the yield you actually receive is small. A 7-day product at 30% APR pays about 0.58% of the amount. That is still a meaningful return on idle money, and APRs on volatile assets such as tokenized stocks are often higher.

The yield is the price of an option you are selling. In plain terms, you are paid for accepting a price in advance. That shapes the risk.

• On a buy-low, if the market falls far below your target, you still buy at the target, which is then above the market. You own the asset at a loss from day one.
• On a sell-high, if the market rises far above your target, you still sell at the target and miss the rest of the rise.
• Your money is locked for the term. Early redemption exists only inside a window and at a quoted discount.

The APR is not a promised return on the asset. A converted buy carries the asset's full price risk from the target down.

What the Flywheel does

Running Dual Investment by hand means checking the product list, picking a target, waiting for settlement, then doing it again. The A9 Flywheel does that loop on your own OKX account.

1. Buy low. It subscribes your chosen amount to a buy-low product that passes your filters: an APR at or above your minimum (30% by default), a target at least a set discount below the current price (1% by default), and a term no longer than your maximum (14 days by default). Among those it takes the highest APR.
2. Wait. If nothing passes, it subscribes nothing and checks again later. Stock products on OKX are listed in windows, so waiting is normal.
3. Settle. If the buy-low is not converted, the USDT and yield come back and it starts again. If it is converted, you now hold the asset.
4. Sell high. It then offers that lot in a sell-high product at or above the price it was bought, so a sale is never below cost and the two yields are the return. You can instead choose a lower target at the net cost after yields, or sell at once on spot.

Pause, stop and what to expect

Pause means nothing new is subscribed; what is already open settles as usual, and resume picks up from there. Stop means no new subscriptions; open ones are left to settle on their date rather than redeemed at a discount. The Flywheel runs live only, on an OKX key with trade permission, after Dual Investment has been opened once in the OKX app, with at least 100 USDT in your funding account. A9 places subscriptions; the money never leaves your OKX account.