OKX: The Core of the Global Cryptocurrency and Web3 Ecosystem
"Yi Ou App" and "Ouyi" both refer to OKX, a globally influential cryptocurrency exchange and Web3 technology company. Since its establishment, OKX has evolved into a comprehensive platform integrating digital asset trading, Web3 applications, and blockchain technology services.
Development History and Service Overview
OKX was founded by Star Xu in 2013, initially entering the market as Okcoin. In 2017, its derivatives trading platform, OKEx, was launched in Hong Kong, and officially rebranded as OKX in 2022 to reflect its Web3 strategic layout beyond traditional trading services.
OKX offers a wide range of cryptocurrency services, including:
- Trading Services: Including spot trading, derivatives (futures, options, perpetual contracts), margin trading, and P2P trading.
- Financial Products: Providing Staking, DeFi solutions, and more to help users manage digital assets.
- Web3 Ecosystem: Integrating an NFT marketplace, DEX aggregator, and cross-chain bridge functionalities.
- Automated Tools: Supporting various trading bots to assist users in executing trading strategies.
Web3 Integration and Technical Security
One of the core highlights of the OKX App is its built-in Web3 Wallet, which supports over 100 blockchain networks, enabling users to seamlessly manage multi-chain assets, explore DEXs, participate in NFT markets, and perform cross-chain operations within a single application.
In terms of security, OKX has implemented several industry-leading measures:
- Asset Storage: Over 90% of user assets are stored in cold storage, effectively mitigating online attack risks.
- Risk Control System: A bank-grade risk control system is implemented to ensure a stable trading environment.
- Multi-signature: Supports multi-signature protection to enhance account security.
- Proof of Reserves: OKX regularly publishes on-chain proof of reserves, committing to a 1:1 USD asset reserve ratio to increase transparency and user trust.
Global Presence and Compliance Strategy
OKX actively seeks compliant operations in multiple major jurisdictions worldwide, having obtained relevant licenses in the United States (covering 46 states), UAE, EU, Singapore, and Australia, among others. Notably, due to regulatory policy changes in mainland China in 2021, OKX has ceased providing services to users in mainland China.
Market Performance and User Base
OKX holds a significant position in the global cryptocurrency market. As of October 2026, OKX has over 100 million users across more than 160 countries and regions globally. Its trading volume also shows strong performance; for example, as of October 2026, its 24-hour trading volume was approximately $1.427 billion, and its 7-day trading volume reached $2.88 trillion. In the crypto derivatives trading sector, OKX ranks second globally with approximately 16% market share.
Financially, OKX generated $1.9 billion in revenue in 2024, a 136% year-over-year increase. App downloads also continued to grow, reaching 17.5 million in 2024, an increase of 182% year-over-year.
Strategic Partnerships and Corporate Vision
OKX has attracted numerous prominent investors and partners, including Intercontinental Exchange (parent company of the New York Stock Exchange), Ripple Labs, Circle Internet Group, and others. OKX also actively expands its brand influence through sports sponsorships, serving as an official partner of Premier League football club Manchester City and Formula 1 events.
OKX is committed to providing advanced financial services to global users through blockchain technology, aiming to build a secure, innovative, and user-friendly platform that enables everyone to easily trade cryptocurrencies and drive the widespread adoption of Web3 technology.
How to Get the OKX App
Users can download the OKX App through the official website or mainstream app stores (such as Google Play Store, Apple App Store). As of October 27, 2026, the Google Play Store shows the latest version of the OKX App as 6.195.0, with the platform continuously making performance improvements and bug fixes.
