Market News

US Customers Gain Access to OKX's New DEX Trading Feature

OKX has recently announced the introduction of decentralized exchange (DEX) trading in its app, aimed at users across various global regions including the United States.

As of November 13, customers can create self-custody wallets using passkeys and trade on platforms like Solana, Base, and X Layer.

This rollout comes at a time when decentralized exchange volumes reached a remarkable $613 billion in October.

Notably, DEXs now account for 20% of the total crypto exchange volume, highlighting their growing significance in the market.

The new feature streamlines the process for users by automatically generating wallets upon activation and offering smart order routing across over 100 liquidity pools.

Furthermore, users can access live token data and view their balances in a unified interface that combines both centralized and decentralized portfolio perspectives.

OKX emphasizes that this enhancement makes navigating decentralized markets easy and manageable for its customers.

To activate DEX trading, U.S. customers simply need to complete a one-step passkey setup within the OKX app.

With full control of their wallet keys, users maintain self-custody, but the availability of features may depend on local jurisdictional laws.

Overall, this development represents a significant step towards increasing accessibility for traders in decentralized finance.