OKBOKBOKB
$84.19
24h
-10.34%
11 Aug, 09:21

OKX ecosystem token bullish on RWA strategy

Bullish-11.34%

AI Summary

The author praises OKX exchange's four-part strategy during bear market and explicitly states they are holding OKB token with bullish expectations for the bull market.

In a bear market characterized by a lack of incremental capital and tight liquidity, it is truly admirable that #OKX can deliver such an impressive performance! 🧐 This also demonstrates that the four-in-one strategic closed loop is already showing initial results: 1️⃣ Entry Point: OKX Wallet, seamlessly accessing tokenized assets, eliminating private key and cross-chain barriers. 2️⃣ Computing and Settlement Layer: X Layer, a high-performance, low-fee L2 network. 3️⃣ Asset and Trading Protocols: USDG, a compliant stablecoin, has already reached $2 billion, growing very rapidly. xStocks, RWA US stock tokens, deployed on X Layer for only 4 weeks, captured 80% of the xStocks market share, with weekly trading volume approaching $450 million. In the future, X-RWA will access more RWA assets, not just US stocks, but also HK stocks, government bonds, money market funds, commodities, yield-bearing credit, and more. 4️⃣ Liquidity Hub: Deep sharing between on-chain DEX and CEX In summary, traditionally, exchanges in a bear market could only passively wait for a bull market or struggle by matching contract trades; whereas #OKX's approach essentially leverages the Web3 tech stack to take over TradFi trading demands. By tokenizing assets worth hundreds of trillions of dollars, such as US stocks and government bonds, and moving them on-chain, then using its own L2 and wallet to lock in trading fees and liquidity, it completely avoids the passive situation of a bear market. Actual data 📊 proves that this approach is highly effective. Continuing to hold #OKB, I believe the bull market will be even better! 🫡 @Jiajia_OKX @okxchinese

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