BlockBeats news, October 7th, OKX announced the official launch of new Pre-IPO stock USD X contracts (X-Perp). This update will cover the web version and App interface, as well as the API. Supported trading pair: OURAUSD UM (X contract).
Pre-IPO X contracts are delivery contracts settled in USD, with the underlying reference asset being companies that have not yet completed an IPO, allowing users to trade changes in their valuation. You do not hold any equity, and only trade the price fluctuations of this delivery contract. Its pricing method is price per share × total shares ≈ market capitalization. After the IPO is completed, this delivery contract will gradually convert into a standard stock delivery contract.

