If you urgently need your locked funds, the direct consequence of early redemption is: you will lose all rewards accumulated during the lock period, and any rewards already credited to your account will be deducted from your principal. Your funds will be returned, but your earnings will be zero.
The Earnings Cost of Early Redemption
Locked Products (Simple Earn Locked Products) offer higher fixed APRs compared to Flexible products, on condition that your assets remain untouched for the agreed term. If you choose to redeem early:
All undistributed rewards are forfeited: All rewards earned from the start of the lock until the redemption date that haven't been distributed are canceled. This includes daily APR rewards and any Launchpool or Megadrop participation rewards that haven't been credited – they all become zero.
Already distributed rewards are deducted from principal: If some rewards were already paid to your spot account during the lock period, that amount will be deducted from the returned principal when you redeem early.
Arrival Time and Limitations
Arrival time: Once you submit an early redemption, it typically takes 48–72 hours for the funds to be credited back to your spot account.
Applicable products: Most locked products support early redemption, but certain free locked products given in promotional campaigns do not support early redemption.
Common Pitfalls and Reminders
All rewards are clawed back: Early redemption is not simply "earning less interest." It means your principal is reduced by the rewards already paid. If you received 100 USDT in rewards, that 100 USDT will be deducted from your principal upon redemption, so the actual returned principal = initial principal – distributed rewards.
Cannot be canceled: After confirming early redemption, the action is irreversible and cannot be canceled in the middle of the process.
Delay risk: Extreme market fluctuations, network delays, or a high volume of redemption requests may cause further delays in the arrival of funds.
After Completing the Operation
Verification method: After initiating an early redemption, check the redemption record under [Wallet] – [Earn] – [Locked]. In the API response, the
typefield displaysAHEADto indicate early redemption, and thelossAmountfield shows the amount of distributed rewards that was deducted.Next steps: If it's only a short-term liquidity need, first confirm whether you really need to redeem early – the 72-hour arrival period is not faster than some short-term lending options. If your locked assets were used in a Launchpool event, exiting early means losing your eligibility, and any airdrops already received will be retroactively deducted.
