OKX Wallet Launches Leverage Trading, Supporting Spot Long and Short Positions for X Layer Assets

Odaily Planet Daily News: According to official sources, OKX Wallet has officially launched the "Leverage Trading" feature, integrating Aave lending with DEX spot swaps into a unified trading flow. Users can take spot long or short positions on relevant assets via the self-custody wallet on X Layer. The feature is now available on the OKX App under "DEX > Leverage Trading" and requires updating the App to the latest version. The initial phase will support assets such as BTC, ETH, and SOL.

It is reported that users can review key information before placing an order, including estimated trade outcomes, borrowing rates, health factors, and estimated liquidation prices. Users need to authorize each on-chain transaction independently and should be aware that leverage trading involves borrowing, which incurs interest and carries liquidation risk.