Launching an exchange is now as easy as listing an app on the app store. Just dropped: Exchange OS, a new 'exchange operating system' running on X Layer. Back in the day, building an exchange meant coding matching engines, clearing systems, and risk controls line by line, burning tens of millions and hiring dozens of people. Now, developers can simply stake OKB and permissionlessly deploy their own platform with one click. Customize assets, oracles, revenue models, and compliance frameworks—no need for approval from any centralized entity. The underlying infrastructure is the same as OKX's—millisecond-level matching and 300,000 TPS. The game-changer? Unified margin: one pool of funds across spot, perpetual, and prediction markets, no need to split assets across different platforms. OKX is leading by example with the first use case: launching a 2026 World Cup prediction market (simulation only, no real assets involved) this June.