OKX Sets Record with $1.54 Billion in Futures Spreads Trading Volumes

OKX Liquid Marketplace Soars in September, Achieves Record-Breaking $1.54 Billion in Monthly Futures Spreads Volume

OKX Liquid Marketplace excels in September, reaching a record-breaking $1.54 billion in monthly futures spreads volume.

Dubai, UAE, October 18th, 2023, Chainwire – Brace yourselves, digital asset investors! OKX, the crypto exchange and Web3 technology company, is making waves in the market. They have just announced that their Liquid Marketplace has reached a record-breaking monthly high of $1.54 billion in futures spreads trading volumes, representing a whopping 62% of the institutional market share for the month. Talk about a power move!

Since the launch of Nitro Spreads in July 2023, a venue for institutional traders to execute various trading strategies, OKX has been dominating the market. Their cumulative futures spreads volumes have led the pack from August 28 to October 11, solidifying the Liquid Marketplace as the go-to venue for institutional traders.

Now, hold on to your hats, because OKX’s volumes on futures spreads have skyrocketed on several occasions, exceeding the mind-boggling 100 million USDT mark on four high-volume days (on September 12, September 19, September 28, and October 10 in 2023). It’s like they’re breaking trading records left and right—bringing the heat!

Such exceptional achievements have earned OKX the reputation of being a diverse ecosystem of counterparties, attracting institutional traders like moths to a flame. Lennix Lai, the Chief Commercial Officer of OKX, couldn’t contain his excitement. He shared, “The latest futures spread volume figures confirm that OKX Liquid Marketplace is a trading venue of choice for institutional traders. We’ve worked hard to develop products and liquidity that traders demand in this intensely competitive market environment.” Well, Mr. Lai, your hard work is paying off!

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But wait, there’s more! In addition to their impressive futures spreads trading volumes, OKX also announced that Nitro Spreads has achieved a cumulative trading volume of over 2 billion USDT. It’s like OKX is unstoppable—like a raging bull charging through the market!

Nitro Spreads provides institutional traders with efficiency and capital optimization by facilitating delta rolls and minimizing leg risks between markets. With a guaranteed spread selection option, traders can dodge unexpected slippages and trade with peace of mind. It’s like having a secret weapon in your trading arsenal!

So, dear digital asset investors, it’s time to pay attention. OKX is not just any ordinary crypto exchange. They’re on top of the game, with their Liquid Marketplace offering superior liquidity for a range of trades, including futures spreads, spot OTC basis, and options. It’s like they have built a financial playground where you can execute trading strategies with ease!

Now, you might be wondering, what makes OKX stand out? Well, besides their remarkable achievements, they’re trusted by over 50 million global users. And they’re not just a crypto trading platform; they’re also partners with English Premier League champions Manchester City FC, McLaren Formula 1, Olympian Scotty James, and F1 driver Daniel Ricciardo. They’re taking the crypto world by storm and revolutionizing the fan experience. It’s like OKX is the Cristiano Ronaldo of the crypto world!

To explore the world of NFTs, the metaverse, and trade GameFi and DeFi tokens, OKX has recently launched the OKX Wallet. They’re committed to transparency and security, regularly publishing their Proof of Reserves. OKX is taking leaps and bounds to supercharge the fan experience, engaging creators in Web3, and making the world of digital assets more exciting than ever before!

So, fellow investors, it’s time to join the OKX revolution. Download their app or visit their website at okx.com, and unleash the power of digital asset trading. Remember, the crypto market might be volatile, but with OKX by your side, you’ll be riding the waves like a pro!

Disclaimer: This announcement is for informational purposes only, dear readers. Remember, digital assets involve risk, and trading them can be as unpredictable as a roller coaster ride. Proceed with caution and only invest what you can afford to lose. OKX is not responsible for any potential losses—times can be tough, but they’re here to guide you through the roller coaster ride.

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Stay tuned for more exciting updates from the world of digital assets!

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