OKX has put $KAT, the token of Katana Network, live on Flash Earn Lite, inviting users to subscribe in-app for a chance to share a 30M KAT prize pool. Subscriptions can be made in BTC or KAT, per the campaign terms.
OKX introduced Exchange OS, a permissionless trading-infrastructure protocol built on X Layer that lets developers and institutions deploy their own spot, perpetual, and outcomes markets using the same stack that powers OKX's platform. It is the infrastructure layer behind OKX's Onchain Spot, Perps and Outcomes products.
OKX is promoting onchain real-world-asset trading through @Wallet, whose RWA category lets users trade tokenized stocks, metals, and more in just a few taps — no brokerage account or extra apps needed. The exchange showed the feature in a demo at its OKX Now event, stressing that tokenized stocks trade around the clock on X Layer, straight from the self-custodied wallet.
OKX's latest 'Trending this week' recap bundles the week's additions on The New Money App: Outcomes Season 3 is live, $NEAR X-Drops went live in the EU, and Flexible USDC loans arrived in Europe. The exchange also flagged the launch of Onchain Perps & Spot, plus 43 unified tokenized stocks and 6 X-Perps pairs listed this week.
The recap is a single clearinghouse of the week's highlights, spanning the Outcomes trading season, the NEAR drop campaign, the EU lending product, onchain spot/perps, and the fresh tokenized equity and perpetual listings.
OKX has introduced Flexible Loans, letting users borrow up to 500,000 USDC against their crypto at about 3% a year, with VIP limits up to 4.5M USDC. Borrowers keep their crypto holdings while unlocking liquidity from the exchange app, announced via OKX's official X account.
OKX has added $DNA, the token of NeoSoul AI (@NeoSoulAI), to its global Perpetual Futures markets. DNAUSDT perpetual trading is now live on The New Money App.
OKX launched a beta points competition for Onchain Spot and Perps in its app, letting users test strategies on stocks, indices, and commodities with free XP. The trial runs from today to 14 November, with real-asset trading to follow, bringing all three asset classes under one shared balance.
OKX has $OURA live on its Pre-IPO Futures market, trading at a premium: around $48–50, above Oura's original $40–44 IPO range, with roughly $310K in open interest. The market trades around the clock on The New Money App.
OKX unveiled OKX Money on stage at its OKX Now event — a digital dollar wallet described as "built for the world." Users can save, earn, send, and spend with no conversion fees, framed as putting idle dollars to work. New coverage of the launch highlights that the app is also positioned as a stablecoin savings and payments app offering up to 10% APY on $USDG, aimed at emerging markets.
OKX Now, the live event showcasing the products shaping how users trade, move money, and build on the exchange, went live on October 6th. The stream features the product suite shown in action by the people who built it.
OKX ran a giveaway for an exclusive Race Weekend Experience alongside the event, with entry via liking and quote-retweeting the announcement.
Intercontinental Exchange, parent of the NYSE, invested in OKX, pushing its valuation to roughly US$25 billion.
Attackers upgraded a deprecated OKX DEX proxy contract to a malicious version via a compromised proxy-admin private key, draining over $2.7 million in tokens. OKX later removed the compromised proxy from its trusted list and offered compensation.
OKX received a provisional virtual asset license in Dubai in July 2022, allowing it to offer certain products and services to investors in the UAE.
The company formally renamed from OKEx to OKX in January 2022, introducing new branding and a broader product strategy.
Facing new Chinese crypto regulations, OKX (initially headquartered in Beijing) announced it would cease service to Mainland China customers; its founding team subsequently relocated.
OKEx said withdrawals would resume on or before November 27, 2020, ending the roughly one-month suspension.
OKEx (now OKX) temporarily halted withdrawals on October 16, 2020 while founder Star Xu cooperated with a Chinese police investigation.
A trader who bought bitcoin futures on margin with a ~$416 million notional value was force-liquidated; OKEx injected ~2,500 BTC into an insurance fund and imposed a 17% "socialized clawback" on profitable traders to cover the shortfall.
Star Xu's crypto exchange, started as Okcoin in 2013, expanded internationally and launched as OKEx in 2017 in Hong Kong.
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