OKX Officially Launches USD-Margin Contract Trading

Odaily Planet Daily reports, according to an official announcement, OKX has officially launched its USD-margined contract trading zone, allowing users to flexibly choose USDC or USDG as the settlement currency. This move aims to aggregate the trading liquidity of USDC and USDG users to provide better overall liquidity. It is reported that the first phase introduces the SOLUSD UM perpetual contract, which is now open to all users for immediate trading. This contract uses SOL/USD as the index, and users can choose to set USDC or USDG as the settlement currency. Subsequently, BTCUSD UM and ETHUSD UM perpetual contracts will also be launched. Meanwhile, the coin-margined contract UI on both the web and app platforms has been upgraded to BTCUSD CM, with API calls remaining unaffected.