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OKX built a perps DEX but held off due to regulatory concerns

September 22, 2025 by DIGIT
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OKX built a perps DEX but held off due to regulatory concerns

OKX founder and CEO Star Xu cited the CFTC enforcement action against Deridex in September 2023 as a concern, but didn’t specify if it was why OKX paused its launch.

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  • ethereumEthereum(ETH)$3,004.121.00%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$888.951.13%
  • rippleXRP(XRP)$1.942.12%
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  • tronTRON(TRX)$0.2992460.61%
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  • bitcoinBitcoin(BTC)$89,713.000.44%
  • ethereumEthereum(ETH)$3,004.121.00%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$888.951.13%
  • rippleXRP(XRP)$1.942.12%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$129.691.76%
  • tronTRON(TRX)$0.2992460.61%
  • staked-etherLido Staked Ether(STETH)$3,001.801.10%
  • dogecoinDogecoin(DOGE)$0.1267170.92%