OKX Launches Exchange OS: An Open Trading Infrastructure Built on X Layer

Odaily Planet Daily News: According to official sources, OKX today officially released the Exchange OS whitepaper. This is an open protocol built on X Layer, which pushes underlying functionalities such as order matching, margin, clearing, settlement, and unified accounts down to the protocol layer. Anyone can independently deploy spot, perpetual contract, and prediction markets on Exchange OS without requiring platform approval. User funds are custodied by the protocol contract, meaning no single entity can unilaterally invoke them; OKX's proprietary markets and external markets operate under the same set of protocol rules.

Additionally, Exchange OS supports cross-market unified accounts, allowing users to participate in multiple markets simultaneously using the same pool of funds.