OKX supports Dex Trading, launching limited public beta testing, further blurring the line between centralized and decentralized exchanges.
summary
- OKX supports DEX trading and has launched limited public beta testing.
- This move further blurs the line between centralized and decentralized exchanges, ensuring users have an independence ability and zero transaction fee.
At the OKX Alphas Summit’s “The New Money Era” event on September 30th, Thomas Tse’s trading products director said the exchange would support the Dex trading capabilities. At this time, Exchange has launched a limited public beta testing phase for DEX trading.
Users will be able to trade on-chain tokens using their existing OKX exchange balance, whether it is a USDT (USDT), USDC (USDC), or other native token. This development eliminates the need for users to switch wallets or perform cross-chain transfers.
According to the announcement, the first rollout covers networks including X-layer, Solana (SOL), Base (Base) and BNB Smart Chain (BNB), with plans to expand to other chain integrations in the future.
During the beta period, the exchange will distribute 1,000 experience codes worldwide, offering users the opportunity to test features with zero transaction fees. Transactions run directly on the chain, but within the OKX Exchange interface.
TSE emphasized that speed and simplicity define success in the new financial era, placing OKX’s hybrid approach as a way to make chain trading safer and more accessible to the larger public. By blending centralized liquidity and user experience with decentralized custody, exchanges bet on models that could lower the entry barrier for Defi adoption.
Additionally, Dex Trading Suite reportedly comes with a built-in token discovery model, market insights, and portfolio tracking tools. Users can also create independent wallets within seconds using passkey or facial recognition authentication, eliminating the need for mnemonic phrases.
OKX employs DEX trading: What does that mean?
Integration further fuses the boundaries between centralized and distributed exchanges. Considering DEXS, it offers better execution prices, faster trading and zero trading fees.
Not only that, Dexs also offers a one-stop service with built-in token discovery, market intelligence, and portfolio tracking capabilities.
When CEXS like OKX launches offering seamless, zero-fee trading or gas-assisted DEX trading, standalone DEX and aggregators may face a higher competitive stock. Users may prefer a one-stop shop platform over learning multiple Defi platforms. The DEX protocol needs to be innovated while remaining attractive to users.
Meanwhile, the hybrid model allows users to retain funds in their independent wallets, allowing them to enjoy the liquidity and ease of a centralized platform. The transition to independence could reduce the risk of losing funds due to the collapse of exchanges and bring the industry closer to decentralization.