💣 The OKX🇨🇳ecosystem now enables the launch of interoperable cryptocurrency exchanges

💣 The OKX🇨🇳ecosystem now enables the launch of interoperable cryptocurrency exchanges

The X Layer blockchain has unveiled Exchange OS, a major upgrade that allows developers to launch interoperable trading platforms capable of processing up to 300,000 transactions per second.

➡️ Developers and organizations can build their own exchanges using modular components from OKX’s infrastructure, including asset listings, oracle integrations, monetization mechanisms, and customizable market structures. To deploy a platform, operators must stake OKB tokens through the X Layer staking contract.

➡️ Exchange OS brings the core functions of a centralized exchange directly to the protocol layer, including order matching, margin trading, liquidation, settlement, and risk management.

➡️ Traders will be able to access spot, OTC, and other Exchange OS-based markets through a single unified account, with capital moving seamlessly across different venues within the ecosystem.

➡️ The initiative is already backed by a growing network of partners, including xStocks, Maple Finance, Chainlink, Glassnode, Nansen AI, Pyth Network, Chainalysis, Alibaba Cloud, and others.

➡️ The rollout of Exchange OS will take place in stages. As an initial demonstration, the development team plans to launch a pilot platform designed as a prediction market simulator for the 2026 FIFA World Cup, with its debut scheduled for June.

#news #China #crypto

🌎 payplanet.com verified partner for LatAm, India🇮🇳 Turkey🇹🇷 @pay_planet