Overview
- OKX introduced more than 20 equity perpetual swap contracts that trade nonstop and settle in USDT, including the full Magnificent 7.
- The contracts offer up to 5x leverage and are available to users in Asia, the CIS, Latin America, and Türkiye.
- These swaps are derivatives that track stock prices without granting ownership or voting rights, a setup that researchers say suits momentum-driven retail traders.
- A unified trading account lets users post BTC, ETH, USDT, and Auto Earn balances as cross-margin while those assets continue to earn yield.
- The roster includes crypto-linked names like Coinbase, Robinhood, Circle, and Strategy plus tech stocks and an SPY tracker, and OKX describes this as a first phase with more equity and tokenized real-world-asset products planned.