RWAperp Brings AI-Powered Equity Perpetuals to OKX's X Layer

RWAperp has launched its AI-executed perpetuals venue on OKX's X Layer, bringing a new level of sophistication to the market. The platform offers 19 markets spanning equities, indices, commodities, and crypto, all settled in USDG from a single account.

The launch coincides with the growing demand for equity perpetuals, which reached $665.42 billion in August, up 56 times from January's level. RWAperp's principal product is Agent mode, an AI layer that executes and manages positions based on natural language instructions.

The risk engine built by RWAperp is specifically designed for equities rather than crypto, accounting for factors like overnight gaps, trading halts, and corporate actions. This sets it apart from other platforms that have adapted crypto-native infrastructure to accommodate equities.

Agent mode allows traders to describe their intent rather than manually operating an order ticket. The platform also offers a conventional order-book terminal for manual execution.

RWAperp is backed by a $2 million round at a $50 million valuation, with investors including Brad Bao, co-founder of Lime, and Phil Duan from Tesla's Autopilot team.