Blockchain & Crypto

OKX Launches 24/7 Stock Trading via Equity Perpetual Swaps With Crypto as Collateral

Traders in Asia, Latin America, and beyond can now take positions on Nvidia, Tesla, Apple, and 17 other major equities around the clock without ever leaving the OKX crypto ecosystem via the new perpetual swaps feature.

OKX Launches 24/7 Stock Trading via Equity Perpetual Swaps With Crypto as Collateral

OKX, the global crypto trading platform and fintech company, has launched equity perpetual swaps, a new class of derivatives that allows traders to gain exposure to major US stocks and indices on a 24/7 basis using cryptocurrency as margin.

The launch covers more than 20 contracts across four categories. The complete “Magnificent 7” tech cohort is available from day one: Nvidia (NVDA), Tesla (TSLA), Apple (AAPL), Alphabet (GOOGL), Microsoft (MSFT), Amazon (AMZN), and Meta (META), alongside crypto-adjacent equities including MicroStrategy (MSTR), Coinbase (COIN), Robinhood (HOOD), and Circle (CRCL). The roster also includes technology names Palantir (PLTR), Intel (INTC), Micron (MU), and SanDisk (SNDK), plus the S&P 500 index tracker SPY. Additional contracts are expected in the coming weeks.

All contracts are denominated in USDT and offer up to 5x leverage. The around-the-clock trading window is notable in a context where major US stock exchanges operate on fixed weekday schedules. Equity perpetual swaps allow traders to react to earnings releases, central bank decisions, and other market-moving events in real time, regardless of whether traditional markets are open.

The product is available to traders in Asia, the CIS region, Latin America, Türkiye, and other eligible markets, though not currently to users in the United States or other restricted jurisdictions.

A key structural feature of the launch is cross-margining. Traders can use BTC, ETH, USDT, and assets enrolled in OKX’s Trading Account Auto Earn programme as collateral, with all positions held within a single unified account. Critically, assets deployed as margin continue to generate yield while backing open positions — a structure OKX says distinguishes it from competing platforms that require separate accounts and limit collateral to USDT only.

“For the past eight years we have focused on building resilient infrastructure and deep liquidity for digital asset markets,” said Star Xu, OKX Founder and CEO. “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. This is an important step toward bringing a broader range of real world assets onto our platform.”

OKX describes this launch as the first phase of a broader real-world asset strategy. The company has indicated it plans to expand the range of equity contracts and tokenised asset classes available on the platform over the coming months, though no specific timeline or additional products have been confirmed.

OKX is headquartered in Singapore and maintains offices across the United States, Europe, UAE, Hong Kong, Brazil, Türkiye, and Australia. The platform serves more than 120 million users globally and publishes monthly Proof of Reserves reports. The company holds regulatory licences across multiple jurisdictions.

Nina Bobro

Nina Bobro

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https://payspacemagazine.com/author/nb/

Nina is passionate about financial technologies and environmental issues, reporting on the industry news and the most exciting projects that build their offerings around the intersection of fintech and sustainability.