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OKX Planet Launches Creator Incentive Program, Distributing Nearly 100,000 U Content Rewards Monthly

2 hours ago

**OKX Launches OKX Universe (Orbit) Creator Incentive Program, First Rewards Distributed April 2** Per official announcements, OKX has officially rolled out its community product’s OKX Universe (Orbit) Creator Incentive Program on April 2. The program uses a fixed bonus pool structure, with weekly rewards distributed based on content quality and user engagement (weighted appropriately). Rewards are sent every Wednesday following the end of each weekly calculation period, with nearly 100,000 USDT in monthly content incentives up for grabs. No sign-up is required—eligible creators get rewards auto-deposited to their accounts. Launched on March 23, the program’s first batch of qualified creators will receive their rewards on April 2. Separately, OKX Universe recently introduced AI-powered algorithmic recommendations and integrated trading components, bridging the gap between trading and information to reshape the path from knowledge to transaction. This incentive program is the platform’s first user-focused content reward mechanism, aimed at boosting content ecosystem vitality and further developing its creator community.
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WTI Crude Oil Surges in Short Term, Soaring 13.4% Intraday

WTI crude oil extended short-term gains on April 2, surging 13.4% intraday, per Bitget data. It was last trading at $112.4 per barrel. (Golden Ten)

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LIT briefly surges over 5%, currently trading at $0.906

April 2nd — Per HTX market data, LIT has surged over 5% in a short period and is currently trading at $0.906. Earlier reports note that Telegram’s built-in encrypted wallet, “Wallet in Telegram,” has launched perpetual contract trading, backed by technical support from Lighter. The platform supports over 50 markets spanning metals, stocks, oil, and cryptocurrencies, with leverage options up to 50x.

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The U.S. saw a decline in initial jobless claims last week, with the labor market holding steady in its low hiring and low firing trend.

On Thursday, April 2, the U.S. Department of Labor reported that initial jobless claims fell to a seasonally adjusted 202,000 last week—signaling a stable labor market in March with minimal layoffs. So far this year, claims have fluctuated between 201,000 and 230,000, aligning with economists’ “low hiring, low firing” characterization. Economists link the labor market’s stagnation to ongoing uncertainty from former President Trump’s aggressive import tariff policies. Additionally, the one-month U.S.-Israel war against Iran has added another layer of uncertainty for businesses. A Reuters survey of economists projects March nonfarm payrolls will rebound by roughly 60,000 jobs, but some warn the surge may be temporary—driven by a global oil price jump of over 50% amid the conflict. Nancy Vanden Houten, chief U.S. economist at Oxford Economics, noted: “We expect the war to slow the modest labor market improvement we anticipated earlier this year, as businesses pause hiring amid un

6 minutes ago

Analyst: Bitcoin Short Position Overly Crowded, Potential for Pre-Easter Short Squeeze

**April 2nd** Bitcoin dipped below $66k on Wednesday, down 3.7% over the past 24 hours, and has held within a $60k-$70k range in recent weeks. - **On-chain/holder trends**: Glassnode notes spot demand is absorbing selling pressure but not yet enough to fuel sustained upside. An estimated 8-9 million BTC are held at a cost basis above current prices, creating resistance to rebounds. Long-term holders are still realizing losses at elevated levels, signaling the redistribution phase isn’t over. - **Derivatives**: Funding rates were negative for most of Q1, meaning short traders have been paying a premium. Bitfinex analyst: “Traders are paying to keep short positions— a short squeeze could materialize if upside momentum hits this concentrated short.” Option demand has fallen: implied volatility is contracting, and skew tilts slightly toward downside protection (investors hedging risk over betting on breakouts). - **Macro/outlook**: Bitunix analyst says the market is in a “suppl

6 minutes ago

US Initial Jobless Claims for the week ending March 28 came in at 202,000, compared to the expected 212,000.

On April 2nd, U.S. weekly initial jobless claims for the week ending March 28th were reported at 202K—coming in below the 212K consensus forecast. The prior week’s figure was revised from 210K to 211K. (IG)

6 minutes ago

UBS: Gold Still Has Potential to Hit New Highs This Year, Average Price of $5,000/Ounce

April 2: UBS strategist Joni Teves says gold will hit a new high this year despite recent price volatility, viewing the latest pullback as a buying opportunity. The bank forecasts average gold prices at $5,000 per ounce in 2026, $4,800 in 2027, and $4,250 in 2028. (Source: FX678)

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