OKX’s Liquid Marketplace, an on-demand liquidity network tailored for institutional traders, exceeded $1 billion in trading volume in 2023, making it a key player in the crypto exchange market. OKX is the second-largest crypto exchange by trading volume and a leading Web3 technology company.
The platform offers access to deep institutional liquidity and a variety of crypto trading strategies, including futures spreads, large options block trades or spot OTC, and more.
The platform’s one-click atomic execution of both legs allows traders to easily execute efficient and low-risk spread trading to farm funding rates, generate yield via cash-and-carry trades, and roll expiring futures hedges.
The platform is designed to hit the sweet spot for institutional clients, offering liquidity, superior fee structures, and streamlined execution of advanced trading strategies.
Lennix Lai, Managing Director of Global Institutional at OKX, said the aim is to become the go-to venue for institutional traders by listening to their needs and leveraging technical expertise, creativity, and product design to build the best platform for their needs.
“OKX Liquid Marketplace has overhauled the traditional RFQ process by automating workflows, offering an integrated position builder, and enabling anonymous RFQs with two-way quotes,” Lennix added.
The platform has seen significant growth, largely driven by OKX’s global expansion, which has reached 50 million global users.
OKX Liquid Marketplace offers leading security underpinned by end-to-end connectivity with OKX’s risk management and settlement system. The market’s positive response to the platform’s features and offerings underscores the growing demand for more comprehensive and sophisticated trading tools among institutional investors.
As institutional investors continue to flood into the crypto market, platforms like OKX’s Liquid Marketplace are set to play an increasingly important role in the ecosystem. The platform’s commitment to meeting the needs of institutional traders and its track record of success in the crypto market make it one to watch.