Crypto exchange OKX has launched equity perpetual swaps, enabling traders in eligible markets to gain 24/7 exposure to major global stocks and indices using cryptocurrency as margin.
The launch includes more than 20 equity perpetual contracts, including the “Magnificent 7” stocks — Nvidia, Tesla, Apple, Alphabet, Microsoft, Amazon, and Meta. Additional contracts cover major crypto stocks, such as Strategy, Coinbase, Robinhood, and Circle, and tech-related equities, including Palantir, Intel, and Sandisk.
The company said in a press release that these products are USDT-denominated and offer up to 5x leverage. They are available to traders across Asia, the CIS region, Latin America, Türkiye, and other eligible jurisdictions.
Traders can use BTC, ETH, USDT, and assets in OKX’s Trading Account Auto Earn as collateral. Assets used as margin will continue to generate yield, the release noted.
“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,” said Star Xu, founder and CEO of OKX. “This is an important step toward bringing a broader range of real-world assets onto our platform.”
OKX said its new product offers “true unified cross-margining” across crypto and equity perpetual contracts. Unlike other platforms that require separate accounts and limit collateral to USDT, OKX said its users can deploy their full portfolio across all positions in one account, with staked assets continuing to earn yield.
The crypto exchange said today’s launch is a first step in a broader rollout to expand the platform’s equity contracts, markets, and tokenized real-world asset offerings. OKX said in the release that it plans to introduce additional equity products and RWA exposure in the coming months.
Amid the ongoing push to integrate tokenized stocks, OKX recently announced an investment from Intercontinental Exchange, the parent company of the New York Stock Exchange.
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