OKX Reports 53x Surge in Regulated Trading After US, EU Expansion
OKX reported a 53-fold increase in trading volume in licensed and regulated markets in 2025, fueled by expansion into the US and European Economic Area. Daily active wallets on its platform doubled year-on-year, with about 190,000 new wallets created daily. Decentralized exchange (DEX) volume grew 262% globally; centralized trading rose 16%. OKX’s growth is attributed to a strategy focused on compliance and securing regional licenses, including a MiCA license that enables service access across the EU. Entry into the US followed regulatory progress, such as the GENIUS Act and new OCC steps for chartering crypto-native banks. OKX ranks fourth globally by CoinMarketCap for key trading metrics. In late 2024 and 2025, multiple major platforms—Bybit, Coinbase, Kraken, and Gemini—secured MiCA or equivalent licenses in Europe, establishing new headquarters and extending services. The US stablecoin market exceeded $310 billion after the GENIUS Act, with Tether’s USDT and Circle’s USDC comprising 85% of supply. In December, Belarus blocked access to OKX and several other exchanges citing advertising violations.
