Institutional Trade Volume on OKX Liquid Marketplace Surpasses $3 Billion
The OKX Liquid Marketplace, the second-largest crypto exchange by trading volume, announced that its institutional trade volume has exceeded $3 billion. This milestone demonstrates the success of the Liquid Marketplace in providing deep liquidity and reliable execution for institutional traders.
Key Points:
– The Liquid Marketplace is an on-demand liquidity network for professional and institutional traders.
– Traders can send requests for quotes to market makers for large digital asset transactions.
– The Liquid Marketplace has experienced rapid growth, with trade volume tripling in Q2 and surpassing the $3 billion mark.
– OKX recently launched the “Nitro Spreads” feature, which allows traders to make complex basis trades in a single click.
– Despite the positive developments in the OKX ecosystem, the native token, OKB, has not shown significant price movement in the past week.
Hot Take:
The OKX Liquid Marketplace’s success in attracting institutional trade volume highlights its reputation as a reliable platform for traders. However, the lack of significant price movement in the OKB token raises questions about its market performance. It remains to be seen whether OKB will gain momentum in the near future.
Continue reading on newsbtc.com
By
By
By
By
By