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OKX Institutions recap - January 2023

Welcome to our monthly OKX Institutions recap, going over our latest product launches and metrics. You'll see, on both fronts, the year has started on a roll for us. Let's dive in.

In summary

  • We've had a major launch with the Liquid Marketplace, our state of the art on-demand liquidity network
  • We've launched a very competitive VIP Loan program
  • Our metrics show crypto traders are in flight to safety mode and flocking to our platform amidst market stress

Latest products

Liquid Marketplace

OKX Liquid Marketplace January 2023

In December we've launched our on-demand liquidity network, the OKX Liquid Marketplace. It provides traders with access to deep liquidity, through an execution layer that automates trades and settlements instantly and off the order book:

Interested?

Reach out

VIP Loans

We've also launched the VIP Loan Pool, a program for eligible VIP clients to:

  • Improve capital efficiency
  • Reduce risk
  • Access dedicated margin
  • Benefit from competitive rates
Learn more

Latest metrics

Flight to safety

The challenges faced by some other platforms has inspired traders a flight to safety. As the only major exchange to have had zero exposure to 2022's negative events, we've seen trade volumes pick up consistently amidst market stress. Liquid Marketplace - our OTC trading platform did over $340m of trading volume in Jan 2023.

Key highlights

  • 📈 $28.4M highest volume day (Jan 9th)
  • 💸 $11.4M largest single trade
  • ✅ 2411 successfully executed RFQs
  • 🏋🏻 $140k average trade size
  • 📊 Top traded strategies: ETH Quarterly Futures Rolls

What's next

  • Spread Orderbooks: Linear delta one spread order books across all spot, perpetual, and dated futures are coming soon. One-click trading and API for multi-leg combo spreads will support futures rolls, funding rate arbitrage, calendar spreads and more.
Explore our solutions

THIS BLOG IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY. IT IS NOT INTENDED TO PROVIDE ANY INVESTMENT, TAX, OR LEGAL ADVICE, NOR SHOULD IT BE CONSIDERED AN OFFER TO PURCHASE, SELL, OR HOLD DIGITAL ASSETS. DIGITAL ASSETS, INCLUDING STABLECOINS, INVOLVE A HIGH DEGREE OF RISK, CAN FLUCTUATE GREATLY, AND CAN EVEN BECOME WORTHLESS. YOU SHOULD CAREFULLY CONSIDER WHETHER TRADING OR HOLDING DIGITAL ASSETS IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. PLEASE CONSULT YOUR LEGAL/TAX/INVESTMENT PROFESSIONAL FOR QUESTIONS ABOUT YOUR SPECIFIC CIRCUMSTANCES.

Disclaimer
This content is provided for informational purposes only and may cover products that are not available in your region. It is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto/digital assets, or (iii) financial, accounting, legal, or tax advice. Crypto/digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding crypto/digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. Information (including market data and statistical information, if any) appearing in this post is for general information purposes only. While all reasonable care has been taken in preparing this data and graphs, no responsibility or liability is accepted for any errors of fact or omission expressed herein.

© 2025 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2025 OKX and is used with permission.” Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2025 OKX.” No derivative works or other uses of this article are permitted.

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