OKX Wallet Launches Leveraged Trading, Supporting Spot Long and Short Positions for X Layer Assets.
52 minutes ago
According to official announcements, OKX Wallet has officially launched its "Leverage Trading" feature, integrating Aave lending and DEX spot swaps into a unified trading workflow. Users can go long or short on relevant assets on X Layer via their self-custody wallet. The feature is now available on the "DEX > Leverage Trading" page of the OKX App, requiring users to update the app to the latest version. The initial phase supports assets including BTC, ETH, and SOL. It is reported that users can view key information such as estimated transaction outcomes, borrowing interest rates, health factors, and estimated liquidation prices before placing orders. Each on-chain transaction requires separate user authorization, and it should be noted that leverage trading involves borrowing, incurs interest, and carries liquidation risks.
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