OKX Wallet Launches Leveraged Trading, Supporting Spot Long and Short Positions on X Layer Assets

BlockBeats News, September 8 - According to official sources, OKX Wallet has officially launched the "Leverage Trading" feature, integrating Aave lending with DEX spot exchanges into a unified trading process. Users can go long or short on related assets on X Layer through self-custody wallets. The feature is now available on the OKX App under "DEX > Leverage Trading" and requires updating the App to the latest version. The initial phase will support assets such as BTC, ETH, and SOL.

It is reported that users can view key information such as estimated trade outcomes, borrowing rates, health factors, and estimated liquidation prices before placing orders. Each on-chain transaction requires independent authorization, and it should be noted that leverage trading involves borrowing, which incurs interest and carries liquidation risks.