OKX Expands Crypto Trading with Equity Perpetual Swaps Offering 5x Leverage

2 hour ago 4 sources positive

Key takeaways:

  • OKX's equity perpetuals with crypto collateral could increase capital efficiency and attract new institutional participants.
  • The focus on tech and crypto-correlated stocks may amplify volatility spillover between traditional and crypto markets.
  • This move signals a structural trend of crypto exchanges competing with traditional brokers for derivatives market share.

Crypto exchange OKX has launched a new suite of equity perpetual swaps, enabling traders in eligible markets to gain 24/7 exposure to major global stocks and indices using cryptocurrency as margin. The launch includes more than 20 USDT-denominated perpetual contracts, offering up to 5x leverage.

The product lineup prominently features contracts for the so-called "Magnificent 7" stocks: Nvidia (NVDA), Tesla (TSLA), Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon (AMZN), and Meta (META). It also extends to major crypto-related equities like MicroStrategy (MSTR), Coinbase (COIN), Robinhood (HOOD), and Circle (CRCL), as well as other tech stocks including Palantir (PLTR), Intel (INTC), and SanDisk (SNDK). An S&P 500 index tracker (SPY) is also included.

A key differentiator for OKX is its "true unified cross-margining" system. Unlike other platforms that require separate accounts and limit collateral to USDT, OKX allows users to deploy their entire portfolio—including BTC, ETH, USDT, and assets in its Trading Account Auto Earn—as collateral across all crypto and equity positions in a single account. Assets used as margin will continue to generate yield.

"With the launch of equity perpetual swaps, we are expanding that infrastructure to support exposure to global equities while allowing traders to keep their crypto portfolios intact," said Star Xu, founder and CEO of OKX. He described the move as "an important step toward bringing a broader range of real-world assets onto our platform."

The product is available to traders across Asia, the CIS region, Latin America, Türkiye, and other eligible jurisdictions. OKX stated that today's launch is the first step in a broader rollout to expand its equity contracts, markets, and tokenized real-world asset (RWA) offerings, with plans to introduce additional products in the coming months.

Disclaimer

The content on this website is provided for information purposes only and does not constitute investment advice, an offer, or professional consultation. Crypto assets are high-risk and volatile — you may lose all funds. Some materials may include summaries and links to third-party sources; we are not responsible for their content or accuracy. Any decisions you make are at your own risk. Coinalertnews recommends independently verifying information and consulting with a professional before making any financial decisions based on this content.