Working as a Software Engineer at a leading global cryptocurrency exchange like OKX is a sought-after career path for tech professionals in Singapore. With competitive pay packages that include base salary, stock compensation, and performance bonuses, OKX offers attractive remuneration across different experience levels. This article provides a detailed breakdown of OKX software engineer salaries in Singapore, covering compensation by level, vesting schedules, and insights into total pay components.
Whether you're considering a job offer, negotiating your current package, or benchmarking industry standards, understanding the full scope of compensation can help you make informed decisions.
Compensation Structure for OKX Software Engineers
At OKX, total compensation for Software Engineers consists of three main components:
- Base Salary: The fixed annual cash payment.
- Stock/Equity Grants: Long-term incentives that vest over time.
- Bonus: Performance-based or discretionary annual payout.
For professionals in Singapore, OKX's compensation ranges from SGD 116,000 per year for entry-level (P4) to as high as SGD 269,000 annually for senior roles (P6.2). The median total compensation sits at SGD 156,000, reflecting strong earning potential even at mid-level positions.
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Detailed Salary Breakdown by Level
Understanding how pay scales with seniority is essential for career growth. Below is a clear, structured overview of compensation across key engineering levels at OKX in Singapore.
P4 – Entry-Level Software Engineer
- Total Compensation: SGD 116,000
- Base Salary: SGD 102,000
- Stock: SGD 5,700
- Bonus: SGD 9,000
Ideal for fresh graduates or early-career developers, this level offers solid foundational pay with modest equity and a meaningful performance bonus.
P5 – Mid-Level Software Engineer
- Total Compensation: SGD 153,000
- Base Salary: SGD 136,000
- Stock: SGD 1,600
- Bonus: SGD 15,600
Engineers at this stage typically have several years of experience. While stock compensation remains relatively low, the higher base and increased bonus reflect growing responsibility.
P6.1 – Senior Software Engineer
- Total Compensation: SGD 203,000
- Base Salary: SGD 160,000
- Stock: SGD 24,100
- Bonus: SGD 18,400
This level marks a significant jump in total pay. Equity becomes a more substantial part of the package, aligning the engineer’s long-term success with company performance.
P6.2 – Lead or Principal Software Engineer
- Total Compensation: SGD 269,000
- Base Salary: SGD 193,000
- Stock: SGD 46,800
- Bonus: SGD 29,200
At the top end of the scale, P6.2 engineers enjoy the highest reported compensation. With nearly half of the variable pay coming from stock and bonus combined, long-term value creation is strongly incentivized.
Equity Vesting Schedule at OKX
One of the most important aspects of stock-based compensation is the vesting schedule—how and when employees gain ownership of their equity grants.
At OKX, stock or equity awards follow a standard 4-year vesting plan:
- Year 1: 25% vests after the first year (cliff vesting)
- Year 2: An additional 25% vests monthly (2.08% per month)
- Year 3: Another 25% vests monthly
- Year 4: Final 25% vests monthly
This structure ensures retention and rewards long-term commitment. For example, if an engineer receives SGD 46,800 in stock at P6.2, they would gain access to approximately SGD 11,700 worth of equity each year.
Equity compensation not only boosts overall earnings but also gives engineers a stake in the company’s future—especially valuable in a fast-growing fintech or crypto organization like OKX.
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Frequently Asked Questions (FAQ)
What is the average salary for a Software Engineer at OKX in Singapore?
The median total annual compensation for a Software Engineer at OKX in Singapore is SGD 156,000, which includes base salary, stock grants, and bonus. This figure reflects mid-level roles (around P5), with entry-level starting at SGD 116K and senior roles reaching up to SGD 269K.
How does OKX’s software engineer pay compare to other tech companies in Singapore?
OKX’s compensation is competitive within the fintech and cryptocurrency sectors. While traditional tech giants may offer higher base salaries, OKX provides strong total packages—especially at senior levels—where bonuses and stock play a larger role. Its pay is on par with or exceeds many Web3 and blockchain-focused firms operating in the region.
Do OKX employees receive bonuses? How much?
Yes, OKX offers annual bonuses that vary by level. Entry-level engineers (P4) receive around SGD 9,000, while senior engineers (P6.2) can earn up to SGD 29,200 in bonus payments. Bonuses are typically performance-based and may fluctuate depending on company and individual results.
Is stock compensation a major part of the pay package?
While base salary dominates at junior levels, stock becomes increasingly significant at senior levels. At P6.2, equity accounts for nearly 17% of total compensation. Over four years, this can represent substantial value—especially if the company grows or expands its market presence.
What does “P4” or “P6.2” mean in OKX’s leveling system?
OKX uses a performance or position-based grading system where:
- P4 = Entry-level engineer
- P5 = Mid-level developer
- P6.x = Senior or lead roles (with sub-levels indicating progression)
Higher numbers indicate greater responsibility, technical leadership, and compensation.
How often is this salary data updated?
The information presented here was last verified in early 2025, based on self-reported data from current and former employees. Platforms like Levels.fyi aggregate such insights to provide real-time market benchmarks.
Why Compensation Transparency Matters
Transparent salary data empowers engineers to negotiate better offers, plan career moves, and assess long-term financial outcomes. In high-growth industries like blockchain and digital assets, where roles evolve rapidly, having accurate compensation benchmarks is crucial.
Moreover, understanding how much of your package comes from base vs. variable pay helps you evaluate risk and reward—especially when joining a dynamic company like OKX.
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Final Thoughts
OKX stands out as a competitive employer for software engineers in Singapore, offering well-structured compensation packages that scale significantly with experience. From solid entry-level pay to high six-figure total compensation for senior engineers, the financial incentives are compelling.
With a balanced mix of cash salary, performance bonuses, and long-term equity rewards—backed by a clear vesting schedule—OKX supports both immediate income needs and future wealth building.
For developers interested in fintech, blockchain, or decentralized technologies, joining OKX could be more than just a career move—it could be a strategic step toward financial growth and industry impact.
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