Svmuu reports, according to official news, OKX has officially released the Exchange OS whitepaper today. It is an open protocol built on X Layer, embedding capabilities such as order matching, margin, clearing, settlement, and unified accounts into the protocol layer. Anyone can independently deploy spot, perpetual contract, and prediction markets on Exchange OS without platform approval. User funds are custodied by protocol smart contracts, and no single entity can unilaterally invoke them. OKX's own market and external markets follow the same set of protocol rules.
Additionally, Exchange OS supports cross-market unified accounts, allowing users to participate in multiple markets simultaneously using the same pool of funds.