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OKX has begun rolling out equity perpetual contracts tied to 17 U.S.-listed stocks and exchange-traded funds, which expands its push into tokenized real-world assets and round-the-clock derivatives trading.
Phased Launch Details
The phased launch started on Feb. 25 and concludes on March 2, with a global marketing campaign set for March 3, the exchange said in a statement.
The products allow users to trade stock-based derivatives 24/7 through a single unified account. This mirrors the structure of crypto perpetual futures. The contracts do not confer ownership of underlying shares.
Phased Listing Across 17 Stocks And ETFs
The rollout is being conducted in three batches.
- The first batch, launched on Feb. 25, includes contracts tracking Robinhood (HOOD), Tesla (TSLA) and MicroStrategy (MSTR).
- The second batch, listed on Feb. 26, covers Intel (INTC), Palantir Technologies (PLTR), Amazon (AMZN), Coinbase (COIN) and Circle (CRCL).
- The final batch, scheduled for March 2, includes Nvidia (NVDA), Micron Technology (MU), SanDisk (SNDK), Alphabet (GOOGL), Microsoft (MSFT), Apple (AAPL), Meta Platforms (META), the Nasdaq-100 ETF (QQQ) and the S&P 500 ETF (SPY).
OKX said the staggered rollout is designed to build liquidity progressively.
Targeting Round-The-Clock Market Access
Traditional stock exchanges operate during fixed trading hours tied to the stock’s local markets. By contrast, perpetual futures in crypto markets trade continuously.
OKX said its equity perpetuals are structured to allow users to respond to macroeconomic developments and corporate events outside standard equity trading sessions.
The contracts operate without expiry and use a funding mechanism similar to crypto perpetual futures. As derivatives, they track the price of underlying equities but do not represent share ownership.
Unified Account And Cross-Asset Margin
The exchange said its unified account structure allows users to post portfolio assets as cross-margin collateral across products. Earn balances can also be used as collateral for equity positions, according to the company.
Ferry, regional growth manager at OKX Wallet, said the launch marks a step toward integrating crypto market infrastructure with traditional equity exposure. The unified account model allows users to trade stock derivatives while maintaining capital efficiency across their portfolio, Ferry said.
Derivatives trading involves substantial risk and may not be suitable for all investors.
This article is published on BitPinas: OKX Launches 24/7 Equity Perpetuals Tied to 17 Global Stocks
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