OKX, a leading crypto exchange and Web3 technology company, has issued updates for March 19, 2024.
OKX Lists Polyhedra Network’s ZK Token on its Perpetual Futures Market
OKX today listed a USDT-margined ZK token contract on its perpetual futures market at 10:30 AM (UTC), enabling users to trade ZK/USDT with up to 50x leverage. In addition, margin trading and Simple Earn for the ZK token will be enabled at 4:00 AM (UTC) on March 21, 2024.
These updates will be available across both the web and app interfaces as well as the API, providing users with more flexibility and choices in their trading strategies.
ZK is the token that fuels the Polyhedra Network, which offers cross-chain solutions for both Layer 1s and Layer 2s through the use of zkBridge. This utilizes zero-knowledge proof to securely verify state transitions between chains without the need for trust. zkBridge technology not only ensures robust security without external assumptions, but also lowers the costs of on-chain verification.
