OKEx Research: Ecosystem, and Innovative Products – newsBTC

OKEx is currently one of the biggest digital assets exchange and trading platforms that has achieved significant progress since its inception. The platform is known for its constant innovation, characterized by the introduction of new features for users at a regular frequency. In this post, OKEx gives a brief overview of their companys journey in recent days and the ecosystem they are creating.

Highlights

I. Correlation of OKEx Major Tokens

Overall relationships with each other became positive.

II. Microscope on Correlations

III. One step further with a new product: OKEx USDT margined future

After conducting simulation and beta testing,BTC futures contracts that are margined with the Tetherlaunched successfully on Nov 14th. Started with less than 1% of original BTC futures volume (coin margined) on day one, now shows more than half of daily volume to its brother, and still growing and getting attention from the market participants.

Here we put some figures for information and will integrate this into monthly correlation analysis, with other USDT margined futures.

As shown above, volatilities are moving almost together, however, the relativeness and crossing the other requires our attention.

Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

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OKEx Research: Ecosystem, and Innovative Products - newsBTC

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