PANews reported on July 28 that according to official news, OKX announced that it has become the first global trading platform to launch regulated crypto derivatives for retail users in the UAE. The products include futures, perpetual contracts and options, all of which support up to 5 times leverage. This move not only broadens the strategic space for retail users in volatile markets, but also reflects OKX's continued investment in compliance, security and user education.

It is reported that the launch of this product relies on the "Innovation Pilot Framework" of the Dubai Virtual Asset Regulatory Authority (VARA), which aims to provide a controlled testing environment for innovative financial products, while encouraging innovation and strengthening regulatory guarantees.