OKX Wallet launches leveraged trading, supporting X Layer asset spot long and short positions

According to official sources, OKX Wallet has officially launched the "Leveraged Trading" feature, integrating Aave lending and DEX spot exchange into a unified trading process. Users can go long or short on the spot of related assets on X Layer through self managed wallets. At present, this feature has been opened on the OKX App's "DEX>Leveraged Trading" page, and the app needs to be updated to the latest version. The first phase will support assets such as BTC, ETH, SOL, etc. It is reported that users can view key information such as expected transaction results, loan interest rates, health factors, and expected clearing prices before placing an order. They need to independently authorize each on chain transaction and be aware that leveraged transactions involve borrowing and lending, which may generate interest and carry clearing risks.