OKX Launches 5× Leveraged HOOD, TSLA and MSTR Perpetuals in Major Wall Street Crypto Expansion
OKX to Launch Stock Perpetual Contracts for Robinhood, Tesla, and MicroStrategy With Up to 5× Leverage
Global cryptocurrency exchange OKX is set to expand its derivatives lineup with the introduction of stock perpetual contracts tied to Robinhood (HOOD), Tesla (TSLA), and MicroStrategy (MSTR).
According to company announcements and industry reports, the new perpetual contracts will offer traders leverage of up to five times and will begin trading on February 25 at 3:00 PM (UTC+8). The products will be accessible through OKX’s web platform, mobile application, and API interface.
The development was highlighted in commentary circulated on X by Coin Bureau. The editorial team at hokanews independently reviewed exchange disclosures before preparing this report.
The launch marks another step in the convergence between traditional equity markets and crypto-native derivatives infrastructure.
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| Source: XPost |
What Are Stock Perpetual Contracts
Perpetual contracts are derivatives instruments that allow traders to speculate on the price of an underlying asset without owning it directly. Unlike traditional futures contracts, perpetuals do not have an expiration date. Instead, they rely on a funding rate mechanism to keep contract prices aligned with the underlying asset’s market value.
In this case, OKX’s new listings will track the price performance of publicly traded stocks rather than cryptocurrencies.
By offering perpetual contracts linked to HOOD, TSLA, and MSTR, OKX enables crypto traders to gain exposure to these equities within a digital asset trading environment.
The contracts allow both long and short positions, providing opportunities to speculate on upward or downward price movements.
Leveraged Trading Up to Five Times
The inclusion of up to five times leverage means traders can amplify their market exposure relative to their initial capital.
For example, with five times leverage, a trader can control a position valued at $5,000 with $1,000 in collateral.
While leverage can magnify potential gains, it also increases risk. Adverse price movements can result in rapid liquidation of positions.
Exchange officials have emphasized that risk management tools will be available to traders, including stop-loss and margin monitoring features.
Why Robinhood, Tesla, and MicroStrategy
The selection of Robinhood, Tesla, and MicroStrategy reflects strategic positioning around companies that have strong ties to retail investing and cryptocurrency markets.
Robinhood has played a significant role in retail stock and crypto trading activity.
Tesla has been one of the most closely watched technology companies globally, with a history of engagement in digital assets.
MicroStrategy is widely known for its substantial Bitcoin holdings and has become closely associated with corporate crypto adoption.
By listing perpetual contracts tied to these companies, OKX is targeting traders who follow both traditional equity narratives and crypto market developments.
Bridging Traditional and Crypto Markets
The introduction of stock perpetual contracts represents a broader trend in financial market convergence.
Cryptocurrency exchanges increasingly offer tokenized or derivative exposure to traditional assets, enabling cross-market participation within a single trading ecosystem.
This approach can provide several advantages:
Continuous 24-hour trading
Global access outside traditional market hours
Integration with crypto collateral
Advanced derivatives infrastructure
However, such products may not confer shareholder rights, dividends, or voting privileges. Instead, they offer price-based exposure only.
Market Confirmation and Reporting
The announcement regarding the listing was highlighted on X by Coin Bureau. The newsroom at hokanews independently verified OKX’s official listing schedule before publishing this coverage.
As with all derivatives launches, trading volumes and liquidity conditions will become clearer once markets go live.
Competitive Landscape in Derivatives
The crypto derivatives sector has grown rapidly in recent years.
Perpetual contracts account for a significant portion of global crypto trading volume. Expanding the model to include equity-linked contracts allows exchanges like OKX to diversify offerings beyond digital asset pairs.
Other trading platforms have introduced similar products in various jurisdictions, though regulatory considerations vary widely.
The success of these contracts may depend on liquidity depth, funding rate stability, and trader adoption.
Regulatory Considerations
The listing of equity-linked derivatives on crypto exchanges may attract regulatory scrutiny, depending on jurisdiction.
Perpetual contracts referencing publicly traded stocks differ from direct stock ownership and may be structured to comply with derivatives frameworks rather than securities rules.
Market participants should carefully review platform disclosures regarding product mechanics and legal status.
Potential Impact on Trading Behavior
Stock perpetual contracts could influence trading behavior in several ways:
Crypto traders may hedge Bitcoin exposure using equity-linked instruments.
Equity-focused traders may explore crypto platforms for extended trading hours.
Cross-asset arbitrage strategies could emerge between traditional markets and crypto derivatives.
The integration of stock exposure into crypto trading ecosystems may also encourage diversification among digital asset traders.
MicroStrategy and Bitcoin Narrative
The inclusion of MicroStrategy’s stock is particularly notable.
MicroStrategy’s corporate strategy has heavily incorporated Bitcoin as a treasury asset. As a result, its stock price often correlates with Bitcoin price movements.
Offering an MSTR perpetual contract within a crypto exchange may appeal to traders seeking amplified exposure to Bitcoin-linked corporate performance.
Tesla’s Broader Market Influence
Tesla remains one of the most actively traded stocks globally.
Its inclusion in OKX’s perpetual lineup allows traders to engage with one of the world’s most volatile large-cap equities within a leveraged, crypto-native environment.
Market participants will monitor how funding rates and liquidity behave relative to traditional market pricing.
Robinhood’s Retail Appeal
Robinhood’s brand is closely associated with retail trading activity.
Listing HOOD perpetuals aligns with OKX’s strategy of attracting retail-oriented traders who follow fintech innovation and digital asset adoption.
The interplay between Robinhood’s own crypto services and its stock performance may create additional trading narratives.
Launch Details
According to exchange disclosures, trading will begin on February 25 at 3:00 PM (UTC+8).
Access will be available through:
Web interface
Mobile application
API integration
The broad availability ensures that institutional and algorithmic traders can participate alongside retail users.
Looking Ahead
The launch of HOOD, TSLA, and MSTR perpetual contracts signals ongoing innovation within crypto derivatives markets.
As financial ecosystems continue converging, exchanges may increasingly offer hybrid exposure products that blend traditional and digital asset narratives.
Whether these contracts achieve sustained liquidity will depend on market demand and regulatory stability.
For now, OKX’s latest expansion underscores the growing interplay between equity markets and crypto-native trading infrastructure.
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Writer @Ethan
Ethan Collins is a passionate crypto journalist and blockchain enthusiast, always on the hunt for the latest trends shaking up the digital finance world. With a knack for turning complex blockchain developments into engaging, easy-to-understand stories, he keeps readers ahead of the curve in the fast-paced crypto universe. Whether it’s Bitcoin, Ethereum, or emerging altcoins, Ethan dives deep into the markets to uncover insights, rumors, and opportunities that matter to crypto fans everywhere.
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