The exclusive xBTC event in collaboration with OKX has been launched by NAVI, with rewards of up to 700,000 USD.

2025-06-27 13:34:37

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According to Deep Tide TechFlow news, on June 27, Sui ecosystem DeFi project NAVI Protocol has officially launched an exclusive xBTC event in collaboration with OKX. The event will run from June 27, 2025, 07:00 to August 27, 2025, 07:00 (UTC time), with a total reward of 700,000 USD, of which 200,000 comes from OKX and 500,000 from NAVI. During the event, users can provide xBTC on NAVI to unlock borrowing USDC and enjoy unlimited fee rebates. All xBTC suppliers can enjoy full borrowing rewards in USDC and other benefits such as enhancing your earnings on OKX Earn.

According to previous news, NAVI Protocol has reached an exclusive partnership with OKX, becoming the only decentralized protocol that can provide xBTC. xBTC is a wrapped Bitcoin issued by OKX, strictly following a 1:1 reserve mechanism.

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