{"id":691327,"date":"2025-09-22T10:10:30","date_gmt":"2025-09-22T07:10:30","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/okx-built-a-perps-dex-but-held-off-due-to-regulatory-concerns\/"},"modified":"2025-09-22T10:10:30","modified_gmt":"2025-09-22T07:10:30","slug":"okx-built-a-perps-dex-but-held-off-due-to-regulatory-concerns","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/okx-built-a-perps-dex-but-held-off-due-to-regulatory-concerns\/","title":{"rendered":"OKX built a perps DEX but held off due to regulatory concerns"},"content":{"rendered":"

\n \n <\/p>\n

OKX founder and CEO Star Xu cited the CFTC enforcement action against Deridex in September 2023 as a concern, but didn\u2019t specify if it was why OKX paused its launch.<\/p>\n

Crypto exchange OKX built a decentralized perpetuals trading platform akin to Hyperliquid and Aster but held off launching it over regulatory concerns, its founder says.<\/p>\n

The Web3 arm of OKX developed the unnamed platform in 2023, OKX founder and CEO Star Xu said<\/a> in an X post on Sunday.<\/p>\n

\u201cHyperliquid proved that massive success in onchain perps can be achieved with very few employees. Now, more competitors like Aster are stepping into the space,\u201d he said.<\/p>\n

Read more<\/p>\n<\/p>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

OKX founder and CEO Star Xu cited the CFTC enforcement action against Deridex in September 2023 as a concern, but didn\u2019t specify if it was why OKX paused its launch. Crypto exchange OKX built a decentralized perpetuals trading platform akin to Hyperliquid and Aster but held off launching it over regulatory concerns, its founder says….<\/p>\n","protected":false},"author":1,"featured_media":691328,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-05\/019698da-3471-7f02-9000-3ebc487dc3e3","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74860,74877,132424,74355,117],"class_list":["post-691327","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrency-exchange","tag-decentralized-exchange","tag-okx","tag-adoption","tag-business"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/691327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=691327"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/691327\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/691328"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=691327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=691327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=691327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}