Glossary
OKX
A Seychelles-headquartered crypto exchange — one of the top venues by spot and derivatives volume, with deep coverage of long-tail tokens and emerging-market presence.
OKX (formerly OKEx) is one of the largest crypto exchanges by trading volume, particularly strong in Asia and Latin America. The exchange operates spot, perpetuals, options, and a margin lending market. The OKB token serves as the exchange's utility token, with fee discounts and ecosystem incentives.
OKX also operates OKX Wallet (a multi-chain self-custody wallet), OKX Web3 (a DEX aggregator and NFT marketplace), and an X1 ZK rollup built on Polygon CDK. The company settled with US authorities in 2025 over operating without proper US licensing.