OKX is one of the biggest crypto exchanges outside the US, best known for perpetual futures, options and a unified margin account used by professional traders. Since 2025 it has spent heavily on compliance: it pleaded guilty in the US, paid more than $504 million, relaunched a licensed US platform and obtained a MiCA licence in Europe. In March 2026 Intercontinental Exchange invested at a $25 billion valuation and joined its board. The company is headquartered in Victoria, Seychelles. OKX was founded in 2017 by Star Xu as OKEx (rebranding to OKX in 2022) and registered in Seychelles, evolving from a high-volume crypto derivatives exchange into one of the world's largest crypto trading platforms and non-custodial Web3 wallet ecosystems.
OKX makes most of its money from trading fees: maker and taker commissions on spot trades and, above all, on perpetual swaps, futures and options. Further income comes from margin lending interest, Earn and staking products, fiat on-ramps and P2P services, institutional block trading and listings. The OKX Wallet is free to use and earns indirectly through swap routing on its DEX aggregator, while OKB serves as fee-discount token and the gas token of X Layer. OKX does not publish audited revenue, so figures circulating online are estimates.