OKX Launches 20+ Equity Perpetual Swaps for US Stocks
OKX, a leading cryptocurrency exchange, announced on March 24, 2026, the launch of more than 20 equity perpetual swaps, providing traders in Asia, Latin America, the Commonwealth of Independent States region, and Turkey with round-the-clock access to major U.S. stocks and indices using cryptocurrency as collateral.
The new contracts, denominated in USDT, offer up to 5x leverage and enable synthetic exposure to price movements without granting ownership of the underlying assets. They allow users to trade continuously, responding to earnings reports, macroeconomic events, and corporate news even when traditional stock markets are closed. At launch, the lineup includes the full Magnificent 7 tech giants—Nvidia, Tesla, Apple, Alphabet, Microsoft, Amazon, and Meta—along with crypto-related companies such as MicroStrategy, Coinbase, Robinhood, and Circle. Additional offerings cover technology firms like Palantir, Intel, Micron Technology, and SanDisk, as well as the SPY contract tracking the S&P 500 index. OKX officials stated that more contracts will be added in the coming weeks to broaden coverage across sectors.
A key feature is the platform's unified trading account, which...