OKX launches 5x leveraged equity perpetuals for 'Mag 7' stocks

• OKX has introduced over 20 equity perpetual swap contracts, allowing users to trade global stocks with up to 5x leverage.
• The offering includes the Magnificent 7 tech giants and major crypto-related firms like Coinbase and MicroStrategy.
• Traders can use BTC, ETH, and USDT as collateral while continuing to earn yield on their staked assets through a unified account system.

Integration of Global Equities

Cryptocurrency exchange OKX is bridging the gap between digital assets and traditional finance by launching equity perpetual swaps. This new product suite provides 24/7 exposure to more than 20 prominent global stocks and indices. Among the featured assets are the Magnificent 7—Nvidia, Tesla, Apple, Alphabet, Microsoft, Amazon, and Meta.

Beyond the primary tech giants, the platform has listed contracts for several crypto-centric and technology-driven companies, including:

• Coinbase, MicroStrategy, Robinhood, and Circle
• Palantir, Intel, and Sandisk

Technical Features and Margin Flexibility

These equity products are denominated in USDT and are available to eligible traders across Asia, Latin America, Türkiye, and the CIS region. A standout feature of the launch is the unified cross-margining system, which allows users to manage their entire portfolio within a single account.

Traders can utilize BTC, ETH, and USDT as collateral. Notably, assets held in OKX's Trading Account Auto Earn can also serve as margin, enabling users to maintain their positions while simultaneously generating yield on their holdings. This structure is designed to keep crypto portfolios intact while expanding market exposure.

Strategic Expansion and RWA Vision

According to Star Xu, the founder and CEO of OKX, this move is a critical step in bringing Real-World Assets (RWA) onto the blockchain ecosystem. The exchange aims to provide a more robust infrastructure that supports global equities without requiring users to exit their cryptocurrency positions.

This development follows a strategic investment in OKX by Intercontinental Exchange (ICE), the parent organization of the New York Stock Exchange. Looking ahead, the exchange plans to further diversify its offerings by adding more equity contracts and tokenized asset products in the coming months.