[OKX Did Not Launch On-Chain Derivatives Protocol Due to Regulatory Factors] OKX CEO Star stated that Hyperliquid has demonstrated the potential of on-chain derivatives protocols, but OKX Web3 has not launched similar products on the mainnet since testing them in 2023 due to regulatory considerations. He mentioned the CFTC's enforcement action against Deridex and called for the industry to achieve regulatory clarity as soon as possible.