OKX Launches 20+ Equity Perpetual Swaps for 24/7 Trading

OKX, the renowned crypto trading entity and fintech platform, is officially introducing more than twenty equity perpetual swaps. This landmark development permits traders across Türkiye, Latin America, the CIS region, Asia, and other compatible markets to get 24/7 exposure to the top indices and stocks across the globe.

As OKX disclosed in its official press release, the respective contracts are settled in the leading stablecoin, $USDT. Additionally, they provide a significant 5x leverage as well as round-the-clock availability, letting investors react rapidly to macroeconomic events, major announcements, and earnings reports.

OKX Introduces 20+ Equity Perpetual Swaps with 24/7 Exposure to Popular Stocks Across Globe

With the launch of more than twenty equity perpetual swaps, OKX is enabling round-the-clock access to leading stocks across the CIS region, Türkiye, Asia, Latin America, and more. This includes $USDT-denominated contracts, offering 5x leverage as well as 24/7 trading availability, letting consumers respond to a wide range of events even when conventional markets are shut down. Additionally, the platform is set to include more contracts over the upcoming weeks.

The launch takes into account contracts for the entire “Magnificent 7,” including Meta ($META), Amazon ($AMZN), Microsoft ($MSFT), Alphabet ($GOOGL), Apple ($AAPL), Tesla ($TSLA), and Nvidia ($NVDA). Additionally, in the crypto market, Circle ($CRCL), Robinhood ($HOOD), Coinbase ($COIN), and MicroStrategy ($MSTR) are included. At the same time, Tech leaders on the list include Palantir ($PLTR), Intel ($INTC), Micron Technology ($MU), and SanDisk ($SNDK), while the chosen index tracker is the S&P 500 ($SPY).

Setting Stage for Efficient Equity and Crypto Trading with Yield Collateral

As a result of this launch, traders can utilize $USDT, $ETH, $BTC, and other OKX-listed assets for Trading Account Auto Earn in the form of collateral. So, the assets they select as margin keep generating yield along with backing open positions. This permits traders to access worldwide equity markets while also maintaining capital efficiency.

While discussing this, the OKX CEO and Founder, Star Xu, mentioned, “With the launch of equity perpetual swaps, weareexpandingthatinfrastructure to support exposure to global equities while allowing traders to keep their crypto portfolios intact.” According to Star Xu, this underscores a key step toward offering wide-ranging RWA via OKX. the platform provides true inclusive cross-margining across equity and crypto perpetual contracts.

While on the other platforms, traders need to shift their funds into distinct accounts, and also collateralize them with just $USDT, OKX users can utilize the whole portfolio, including $ETH, $BTC, $USDT, and other staked assets in the form of margin. Overall, the launch denotes the earliest phase of a wider rollout to broaden the range of tokenized RWAs, markets, and equity contracts.