OKX Orbit

BILL Contract Trading Competition is Now Live — 300,000 USDT Total Prize Pool! Campaign Period: May 14 – May 24, 10:00 UTC Three reward tracks running simultaneously: New User Task — 50,000 USDT Pool Deposit $10, trade $10 of any spot, hold for 1 day → claim 5 USDT instantly. First 10,000 users only, first come first served! Shared Pool — 175,000 USDT Pool Trade BILL contracts (min. 5,000 USDT volume) and earn your share — up to 500 USDT per person Leaderboard — 75,000 USDT Pool Compete for top rankings (min. 100,000 USDT volume) — top 300 traders all win: 🥇 1st place: $4,875 🥈 2nd place: $3,000 🥉 3rd place: $2,250 Join Now: https://www.okx.com/campaigns/bill-perp-trading-campaign Available to Offshore region users. KYC required to participate.

Pre IPO Contract Trading Campaign — 160,000 USDT Total Prize Pool! 📅 Campaign Period: May 8 – May 22, 08:00 UTC Three reward tracks running simultaneously: New User Task — 60,000 USDT Pool Deposit $10, trade $10 spot, hold for 1 day → claim 6 USDT instantly. First 10,000 users only, first come first served! Trading Task — 50,000 USDT Pool Hit the minimum trading volume (500 USDT) → claim 5 USDT. First 10,000 users only, first come first served! Leaderboard — 50,000 USDT Pool Compete for top rankings (min. 20,000 USDT volume) — top 500 traders all win: 🥇 1st place: $3,500 🥈 2nd place: $2,500 🥉 3rd place: $1,750 Join now: https://www.okx.com/campaigns/pre-ipo-trading-competition #OKXPreIPOPerpsGoLive

📢 It's finally here! The OKX Orbit Creator Rewards Program is officially LIVE! Post on Orbit. Earn your share of up to 100K USDT in monthly content rewards. Your voice now pays. Literally. - Post original crypto-related content on OKX Orbit - No sign-up needed. Just meet the basic requirements and you're in - Rewards are distributed based on content quality and real engagement - Paid out every Wednesday, directly to your funding account Start posting. Start earning. → Full details here: https://www.okx.com/campaigns/orbit-creator-monetization

Harvard just made its loudest crypto call yet. And it is not bullish on ETH. Q1 13F filings dropped this week, and the world's largest university endowment completely exited its $87M Ethereum spot ETF position, the same one it built just one quarter earlier. It also cut its BlackRock IBIT stake by another 43%, down to 3.04M shares worth roughly $117M. That is the second straight quarter of BTC trimming after a 21% cut in Q4. Meanwhile, Abu Dhabi's Mubadala went the opposite direction. The sovereign fund raised its IBIT holdings 16% to 14.7M shares worth $566M. That is four consecutive quarters of accumulation since it first disclosed bitcoin exposure in late 2024. IBIT is now Mubadala's second-largest U.S. equity holding, behind only GlobalFoundries. The pattern is hard to ignore: · Sovereign wealth funds: still stacking BTC, quarter after quarter · Top university endowment: cutting BTC, dumping ETH entirely · ETH ETF flows: five straight months of outflows from Nov 2025 through Mar 2026, totaling over $2.8B out Harvard's Ethereum exit is particularly telling. It held the position for exactly one quarter before pulling the plug. That is not a strategic rotation. That is a conviction reversal. None of this means ETH is dead. April saw $356M flow back into ETH ETFs, breaking the streak. But when the biggest endowment in the world builds a position and abandons it within 90 days, it says something about how traditional allocators view the risk-reward. What is your read: is Harvard early to exit ETH, or are sovereign funds late to the BTC trade? #HarvardDumpsETHforBTC

On-chain derivatives markets just front-ran Nasdaq on the biggest IPO of the year. Cerebras priced its IPO at $185 on May 14. But on-chain perpetual contracts had been live for two weeks before a single share traded on Nasdaq, with 24-hour volume peaking at $280M on listing day. By the opening bell, on-chain prices had already climbed past $380. CBRS opened on Nasdaq at $385 and closed at $311. The chain was pricing the stock before Wall Street even got started. What on-chain pre-IPO trading looks like now: · 24/7 price discovery, no market close · No lock-up periods or minimum ticket size · No T+1 settlement · Hundreds of millions in volume before a stock even lists Next up: SpaceX, targeting a June 12 Nasdaq listing at roughly $2 trillion. On-chain platforms are already positioning pre-IPO contracts. The playbook is locked in. This is also turning into a regulatory fight. DeFi protocols are now sending policy teams to D.C. to push for legal recognition of on-chain perpetual futures under the CLARITY Act. Traditional exchanges have fired back, warning regulators that decentralized perps could distort benchmarks. The battle between on-chain and traditional venues is now playing out in Congress. When on-chain venues generate $280M in volume on a stock before it even lists, the question is no longer whether they compete with traditional exchanges. It is how fast the gap closes. Are you already trading pre-IPO perps, or waiting for the traditional listing? #OnChainBeatsNasdaq #TradeStocksOnOKX

We'll be listing @arenatwoX on Boost. Registrations open on May 17, 10 AM UTC: https://web3.okx.com/ul/Zk12qg Claims go live on May 18, 12 PM UTC.

This might be the most loaded week for macro and crypto all year. In just seven days: · The CLARITY Act cleared the Senate Banking Committee 15-9 with bipartisan support. Crypto's first comprehensive U.S. regulatory framework now moves toward a full Senate vote. · Kevin Warsh was confirmed as Fed Chair 54-45. Governor Miran, who dissented at six straight FOMC meetings pushing for cuts, resigns the moment Warsh is sworn in. Hawkish era, officially underway. · CPI hit 3.8% YoY, PPI surged to 6%. Bitcoin dropped below $80K with $304M in long liquidations. Rate cut hopes evaporated. · The Trump-Xi Beijing summit produced a 90-day tariff truce, slashing U.S. tariffs from 145% to 30%. Nvidia H200 chips cleared for select Chinese buyers, but Beijing paused shipments pending rare earth talks. · The U.S.-Iran ceasefire sits on what Trump called "massive life support." The Strait of Hormuz remains effectively closed to commercial shipping since April, with oil pushing past $102 per barrel. · Cerebras landed the biggest tech IPO of 2026. Priced at $185, opened at $350, closed around $313, valued at nearly $70 billion. AI chip demand is not slowing down. · The Dow crossed 50,000 for the first time. S&P 500 and Nasdaq both hit fresh all-time highs with seven straight weeks of gains. Meanwhile, crypto got hammered by inflation data. The divergence is hard to ignore. · SpaceX is expected to release its IPO prospectus as early as next week after filing confidentially in April. If it goes through, it could be the most anticipated public listing in years. Regulation, rates, liquidity, geopolitics, IPO mania. All converging at once, all feeding into how markets position for the rest of 2026. Which of these events do you think will matter most for crypto this summer? #MarketOverloadWeek

A $12 trillion brokerage just started selling Bitcoin to your parents. Charles Schwab went live with spot BTC and ETH trading yesterday, opening access to 35 million+ brokerage clients who have probably never used a crypto exchange. The fee is 0.75% per trade, custody sits with Schwab Premier Bank, and Paxos handles execution. No DeFi, no self-custody, no leverage. Just plain buy-and-hold through the same app they use for index funds. This is not the first TradFi firm to touch crypto, but it might be the most significant. Schwab's clients are not degens. They are retirement savers, long-term allocators, and people who still call their financial advisor before making a trade. When this demographic gets a "Buy Bitcoin" button inside their existing account, the capital flow profile changes. For context: · Schwab is the largest U.S. brokerage by client assets, managing nearly $12 trillion · The service launched with BTC and ETH only, with more assets planned · Crypto accounts are separate from brokerage accounts, with no cross-margin or unified trading The walls between TradFi and crypto are coming down from both sides. Schwab is bringing stocks-first clients into crypto. Crypto exchanges are bringing crypto-first traders into equities. Would you buy BTC through your brokerage, or do you prefer keeping your crypto on a crypto-native platform? #SchwabCryptoGoesLive

A crypto exchange just became a multi-asset trading platform, and most people have not caught up yet. OKX now offers perpetual contracts across U.S. stocks, indices, ETFs, commodities, and pre-IPO names, all USDT-settled, all 24/7. The full lineup spans more than 30 contracts, from Mag 7 tech giants to crude oil and copper, plus the S&P 500 and regional ETFs like MSCI Japan and MSCI South Korea. What makes this different from a brokerage is how it fits into a crypto trader's workflow. One unified account, one collateral pool. You can hedge a BTC drawdown by going long the S&P 500, rotate into NVIDIA after an earnings beat, or short crude oil on a ceasefire rumor, all without leaving the platform or converting your USDT. No T+1 settlement. No market close. Leverage up to 10x on equity perps. This is also not a side experiment. ICE, the parent company of the New York Stock Exchange, invested in OKX at a $25 billion valuation and took a board seat. The infrastructure behind these products is built with institutional-grade backing from day one. The trader who reads macro, watches equities, tracks commodities, and trades crypto no longer needs four different platforms to act on a single thesis. What asset class outside of crypto are you most interested in trading from your OKX account? #TradeStocksOnOKX

PROS Spot Trading Competition is Now Live! Trade PROS spot & share 600,000 PROS prize pool (~510,000 USDT). Open to new and existing users! Campaign Period: May 13 – May 23, 18:00 UTC+8 New User Reward: 60,000 PROS Pool Deposit 10 USDT in any token, trade 10 USDT of PROS spot, hold for 1 day → earn 6 PROS. First 10,000 users only — first come, first served Shared Pool: 400,000 PROS Pool Trade PROS spot & share the pool by volume. Top winner takes up to 600 PROS. Min. trading volume: 3,000 USDT Leaderboard: 140,000 PROS Pool Race to the top 300 1st place takes up to 9,800 PROS. Min. trading volume: 50,000 USDT 👉 Join Now: https://www.okx.com/campaigns/pros-trading-competition?pagesourcefrom=community Available to Offshore region users. KYC required to participate.

The New Money App just upgraded deposits in Europe. Unlock derivatives, complete the steps, deposit funds, and earn up to 5% back on net new deposits. Earn as you move. Get started: https://my.okx.com/ul/IWl08u

Announcement: https://www.okx.com/help/okx-to-list-pros-usdt-pharos-for-spot-trading Region: Global, TR, UAE, BR, US EEA is approved for OTC Timeline: PROS deposits will open at 04:00 UTC on May 13, 2026. PROS/USDT spot trading will open at 10:00 UTC on May 13, 2026. Project Introduction $PROS is the native token of Pharos, an inclusive financial Layer 1 designed to bring real-world assets onchain with accessible, compliant infrastructure Asset name: Pharos Ticker: PROS