PANews reported on August 13th that OKX data showed that the annualized interest rate (APR) for the OKX platform's USDT "Easy Earn Coin" (current account) product surged to 39% in the past hour. Since last night, the rate has fluctuated widely between 5% and 46%, reaching a high of 46% around 5:00 AM today.

It is reported that rapid increases in interest rates for current account management products like OKX typically occur during periods of significant market volatility. Today, ETH continued its upward trend, breaking through the $4,600 mark, reaching a new high since 2022.