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Echelon x OKX: 100% Borrow Fee Rebates with xBTC
Using xBTC as collateral to borrow USDC? Your origination fees are now fully reimbursed — powered by OKX Earn.
Supply xBTC, borrow USDC, and get 100% of your fees back.
Full breakdown below 👇

How to qualify for xBTC fee rebates:
• Use only xBTC as collateral
• Borrow only USDC
Fees are tracked over 30-day cycles. Rebates are processed monthly and will be claimable via UI soon.
To be eligible, borrowing must be done through OKX Earn.
Current incentives:
• Supply APR: 83.49%
• Borrow APR: -825.97%
Yes, negative borrow APR - you're getting paid to borrow. With 70% LTV, it opens up capital-efficient strategies using xBTC.
Deposit xBTC, borrow USDC and get paid for it via OKX Earn:

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