OKX Unveils Exchange OS for Custom Crypto Trading Markets

OKX has launched Exchange OS, a platform that enables users to create and operate custom crypto trading markets on-chain. The platform is built on X Layer, OKX's Ethereum layer 2, and integrates on-chain matching, margining, liquidation, settlement, and risk management directly into X Layer.

According to Star Xu, founder and CEO of OKX, Exchange OS addresses the 'fragmented infrastructure problem' in crypto-based finance. 'While blockchain enabled open asset issuance, the infrastructure for trading, settlement, margining, and liquidity remains siloed across disconnected venues and applications,' he said.

The platform currently operates at millisecond-level latency and can process up to 300,000 transactions per second. Exchange OS is in its first of three planned rollout phases, with a broader public opening scheduled for the third quarter of 2026.