OKX Rolls Out 24/7 Equity Swaps on Major Tech Stocks

TLDR

• OKX has launched more than 20 equity perpetual swaps tied to major global stocks and indices.
• The new contracts include the “Magnificent 7” stocks such as Nvidia, Tesla, Apple, Alphabet, Microsoft, Amazon, and Meta.
• The exchange also listed crypto-related stocks, including Strategy, Coinbase, Robinhood, and Circle.
• All equity perpetual swaps are settled in $USDT and offer up to 5x leverage.
• Traders in Asia, Türkiye, the CIS region, and Latin America can access the products 24 hours a day.

OKX has introduced equity perpetual swaps that track major global stocks and indices. The exchange offers up to 5x leverage and settles contracts in USDT. Traders in eligible regions can access these products around the clock.

OKX Rolls Out Equity Perpetual Swaps Covering “Mag 7” and Crypto Stocks

OKX listed more than 20 equity perpetual contracts tied to leading global shares. The lineup includes the “Magnificent 7” stocks such as Nvidia, Tesla, Apple, Alphabet, Microsoft, Amazon, and Meta. The exchange also added contracts linked to Strategy, Coinbase, Robinhood, and Circle.

The product suite extends to Palantir, Intel, Micron Technology, and SanDisk. It also includes an index tracker linked to the S&P 500 through $SPY. All contracts settle in $USDT and provide up to 5x leverage.

The exchange stated that traders across Asia, Türkiye, the CIS region, and Latin America can access the contracts. It confirmed that the products operate 24/7 without traditional market hours. As a result, traders can react to earnings reports and macro events at any time.

OKX confirmed that it plans to expand its equity contract offerings in the coming weeks. The company said it will add more markets and tokenized real-world asset products. It described this launch as the first phase of a broader rollout.

Cross-Margining Model Lets OKX Users Deploy Full Crypto Portfolios

OKX said traders can use $BTC, $ETH, and $USDT as collateral for these swaps. It also allows assets in its Trading Account Auto Earn program to serve as margin. The exchange stated that these assets continue to generate yield while backing open positions.

The company explained that it applies unified cross-margining across crypto and equity perpetual contracts. It said users can deploy their entire portfolio within a single account. Other platforms often require separate accounts and limit collateral to USDT.

Star Xu, founder and CEO of OKX, addressed the launch in a statement. He said, “With the launch of equity perpetual swaps, we are expanding that infrastructure to support exposure to global equities.” He added that the platform allows traders to keep their crypto portfolios intact.

The exchange confirmed that it will introduce further equity products and RWA exposure in the coming months. Recently, OKX also announced an investment from Intercontinental Exchange, the parent company of the New York Stock Exchange.

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