OKX Launches Equity Perpetual Swaps on Magnificent Seven Stocks

The crypto exchange introduced stock-linked perpetual swaps (futures without expiry) with up to 5x leverage, expanding its derivatives lineup beyond digital assets.

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Terms & Concepts
  • Perpetual swaps: A derivatives contract with no expiration date, commonly used for leveraged trading and typically kept close to the underlying price through funding payments.
  • Leverage: Borrowed exposure that lets traders control a larger position with less capital, increasing both potential gains and losses.
  • Derivatives: Financial contracts whose value is based on an underlying asset, such as a stock, commodity, or cryptocurrency.