OKX Releases Exchange OS: An Open Trading Infrastructure Based on X Layer

OKX officially released the Exchange OS white paper today. This is an open protocol built on X Layer, which pushes matching, margin, clearing, settlement, and unified account capabilities down to the protocol layer. Anyone can independently deploy spot, perpetual contract, and prediction markets on Exchange OS without platform approval. User funds are held in escrow by the protocol contract, and no single entity can unilaterally access them; OKX's proprietary market and external markets follow the same set of protocol rules.