OKX Launches Decentralized Trading for US Users
OKX, a crypto trading platform and Web3 company, has launched decentralized trading for its US customers. Users can now trade tokens on decentralized markets through the OKX app. This allows users to use self-custody wallets and keep control of their secret keys instead of storing funds on OKX.
Access to Millions of Tokens with CeDeFi
OKX offers access to millions of tokens on Solana, Base, and its X Layer network. X Layer is an Ethereum layer-2 network built with Polygon’s Chain Development Kit. Trades use smart routing to find the best prices across more than 100 liquidity pools.
OKX introduced CeDeFi, a hybrid solution combining centralized and decentralized trading. It allows users to manage trades on one platform without creating multiple wallets or paying various gas fees. This simplifies trading by avoiding token bridges and multi-chain management.
Users can explore decentralized tokens in the OKX app by opening the “Explore” page and selecting “DEX.” Enabling DEX trading generates a self-custody wallet secured by a passkey instead of a seed phrase. OKX advises users to be cautious, as decentralized markets are often volatile and less liquid.
OKX Returns Amid Rising DEX Trading Volumes
This launch follows OKX’s settlement of a $505 million lawsuit with the US Department of Justice earlier in 2025. It also comes as decentralized exchanges see record trading volumes. In October, DEX volumes hit $613 billion, making up 20% of total crypto exchange volume, according to ForkLog.
