OKX launches USDSⓈ-M options on Bitcoin and Ether — TradingView News
- Dollar-denominated margin, premium, and settlement throughout BTC and ETH options, with multi-stablecoin assist and cross-product margining, constructed for institutional compliance requirements
DUBAI — OKX, a number one world fintech firm and crypto buying and selling platform, in the present day introduced the launch of USDSⓈ-M Options on Bitcoin and Ether, obtainable to merchants within the UAE and Australia* beneath OKX’s regulated derivatives frameworks. Both merchandise are dwell on net and the app.
The launch extends OKX’s institutional product build-out, following its not too long ago introduced collaboration with BlackRock and Standard Chartered on BUIDL, and brings absolutely dollar-denominated options to the platform for the primary time. Margin, premium, Greeks, P&L, and settlement are all expressed in USD, with USDC and USDG accepted as settlement currencies alongside current coin-margined options on the identical chain.
For desks that function in {dollars}, coin-margined options have usually remained outdoors attain. Internal compliance frameworks, treasury insurance policies, and reporting necessities constructed round USD create friction when collateral and settlement are denominated in crypto.
USDSⓈ-M Options tackle this immediately: margin is posted in USD, USDC, or USDG; premiums are quoted and paid in {dollars}; and settlement at expiry lands within the stablecoin of the dealer’s selection.
“Institutional traders have been clear about what they need: Bitcoin and Ether exposure that fits within a dollar-denominated compliance and reporting framework, from the moment collateral is posted through to settlement,” stated an OXK spokesperson. “That is precisely what USDSⓈ-M Options deliver. Combined with cross-product margining across our unified pool, traders can now manage options, perpetuals, and spot within a single account without fragmenting collateral or navigating multiple venues. We built this for the desks that have been waiting for a regulated, dollar-native options product at this level of sophistication.”
The product integrates into OKX’s unified margin pool, that means a protracted BTC name offsets towards a brief BTC perpetual throughout the identical account. Desks working options alongside a broader derivatives program don’t must section collateral or submit margin twice for positions that hedge each other.
ִProduct Comparison
Coin-margined Options | USDSⓈ-M Options – NEW | |
Margin foreign money | BTC or ETH | USD, USDC, or USDG |
Premium quoted in | Crypto | USD |
Payoff sort | Inverse | Linear |
Payoff components | (S − Okay) / S × multiplier × qty, in BTC/ETH | (S − Okay) × multiplier × qty, in USD |
Min. contract dimension | 0.01 | 0.01 |
Example contract | BTC-USD-241231-50000-C | BTC-USD_UM-241231-50000-C |
A single toggle on the OKX options chain switches between each merchandise. Same interface, identical order sorts, identical margin modes.
*Note: The Australian product is out there to wholesale shoppers solely, and denominated in USD stablecoins and not fiat foreign money.
For additional data, please contact: Media@okx.com
About OKX
OKX is a fintech firm on a mission to modernize cash and markets. Today it’s trusted by greater than 100 million folks around the globe who use OKX providers to speculate, transact and commerce digital belongings throughout numerous monetary devices together with spot, futures, and decentralized markets. As one of many world’s largest platforms, OKX is thought for its change, pockets, and onchain ecosystem utilized by on a regular basis folks and giant establishments.
OKX maintains regional places of work within the United States, Europe, UAE and Singapore with numerous native places of work throughout São Paulo, Hong Kong, the Republic of Türkiye, and Australia. Over the previous a number of years, it has constructed one of many world’s most complete regulatory compliant, licensed fintech firms.
OKX is steadily dedicated to transparency and safety and publishes Proof of Reserves studies on a month-to-month foundation to make sure buyer funds are at all times protected and obtainable to folks. To study extra about OKX, obtain the app or go to: okx.com.
About OKX Institutional
OKX Institutional delivers safe digital asset market infrastructure for institutional market individuals. We supply extremely liquid spot and by-product markets by world offshore and regional onshore regulated change orderbooks and OTC RFQ, plus crucial institutional providers throughout the commerce lifecycle.
From banks integrating crypto merchandise to asset managers exploring allocation and buying and selling corporations scaling by-product methods—we offer the compliant, versatile basis establishments must compete in digital asset markets.
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