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OKX CEO Star: We will work with industry partners to develop control standards and continue to combat abuses
2025-03-17 03:06

Odaily News OKX CEO Star said in response to the news that "OKX DEX is upgrading and aggregator trading services are suspended", OKX Web3 has launched a number of control measures to combat abuse, including IP blocking for restricted markets and real-time blacklist address detection and interception systems. In the future, OKX will continue to work with global partners to jointly develop industry control standards.
Star emphasized that the OKX DEX aggregator will not touch or store user private keys, nor will it host user funds. All transactions of users must be signed and executed with personal private keys. OKX Web3 itself does not have the ability to execute any transactions or sales. Its role in the blockchain industry is similar to Chrome and Google in the Internet industry, focusing on providing software and services. Many well-known companies also provide similar aggregator services, and OKX Web3 has greater influence in the industry due to community support.