SINGAPORE, Feb. 12, 2024 (GLOBE NEWSWIRE) -- OKX, a leading Web3 technology company, has issued updates for February 12, 2024.
OKX Wallet is now integrated with Marginly, a decentralized margin trading and derivatives protocol. The integration allows OKX Wallet users to seamlessly open leveraged long or short positions on crypto assets with up to 20x leverage via Marginly's smart contract-based trading engine. Users can also provide liquidity to Marginly's pooled lending model to earn attractive yields.
Marginly aggregates liquidity from Uniswap, Trader Joe, KyberSwap, Balancer and more to combine leverage trading with best price execution across multiple DEXs. The integration makes Marginly's trading tools easily available to OKX Wallet users alongside existing support for key DeFi apps and protocols. OKX Wallet aims to be the premier gateway to decentralized finance and applications.
For further information, please contact:
Media@okx.com
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
• OKX Wallet: The world's most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, 'written down' seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
• DEX: A multi-chain, cross-chain decentralized exchange aggregator of 300+ other DEXs and approximately 15 bridges, with 200,000+ coins and more than 20 blockchains supported.
• NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
• Web3 DeFi: A powerful DeFi platform that supports earning and staking on about 70 protocols across more than 10 chains.
OKX partners with a number of the world's top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com
