OKX US Stock Products Hit $50.26B in 30-Day Volume

The scale of perpetuals relative to spot — roughly 35 to 1 — suggests OKX's equity-linked offering is being used as a leveraged trading venue rather than a share-access product, which matters for how regulators and traditional brokers view crypto platforms encroaching on equities. Concentration in a handful of names and a single hot sector also means the volumes may be more momentum-driven than structural. Whether that mix broadens beyond storage and the top tickers is the open question for judging durability.