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Crypto DeFi

OKX Launches Onchain Spot and Perps Beta With Simulated TradFi Trading

OKX opened a beta for onchain spot and perpetuals trading that includes simulated TradFi trading. The launch comes with a points competition sharing a 250,000 USDT reward pool with Outcomes. Funded trading is scheduled to follow after the contest ends.

Original source

AI take

OKX is testing whether centralized-exchange users will follow liquidity onto self-custody rails, with a TradFi simulation layered on top as a hook rather than a finished product. The points contest and reward pool read as a user-acquisition play aimed at traders already comfortable with perps, not at institutions. The open question is whether funded onchain trading arrives with enough depth to matter, or whether the beta remains a promotional sidecar to OKX's main venue.

Generated by AI for reference only.

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