Tired of switching between BTC/USD and BTC/USDC? Or forgetting which pair you opened that trade on? We get it. Managing multiple stablecoin pairs just to find the best price or the right market shouldn’t be part of your daily strategy. Every second counts, and every click adds up. That’s why we’ve simplified it for everyone.
Introducing: The Unified USD Orderbook
Now, instead of choosing between pairs like BTC-USD or BTC-USDC, you trade one market. Behind the scenes, OKX handles the routing and conversion, while you get the price and fills efficiently. We didn’t just mirror orderbooks or slap on a prettier design. We rebuilt the engine underneath. Here’s what that gives you:
True unified liquidity: No more split books or hidden inefficiencies
Execution transparency: You still hold and settle in your preferred stablecoin
Fast, tight, and reliable fills: Built for traders, not tourists
For Retail Traders, no more toggling between liquidity pools, or being limited by the markets. One USD Unified orderbook market gives you access to over 270+ spot pairs, boosting both accessibility and liquidity. This means:
Better pricing, tighter spreads
Faster fills in volatile markets
Simple, clean interface for both USD and USDC markets
For Institutional Clients, the unified back and front end means:
API users now only need to reference [USD] pairs (e.g., BTC-USD) instead of managing multiple stablecoin specific tickers. Settlement preferences, whether USD or USDC can be defined through the [tradequoteCcy] parameter, enabling precise backend handling while preserving user flexibility.
RFQ flow support coming soon in next phase rollout.
Smoother execution for large orders, with benefits that comes with enhanced liquidity
Building in a regulated environment, for the future
In jurisdictions like the U.S., Singapore, UAE, and the Bahamas, stablecoin clarity is critical. Our Unified USD Orderbook supports:
1:1 redemption paths and regulatory-ready rails
Multiple stablecoin issuers (today: USDC; coming soon: USDG and more)
Seamless trade settlement that honors user preference
This makes OKX future-proof, ready for what compliance and scale look like next. Whether you’re trading from your phone at lunch or managing millions via API, the Unified USD Orderbook makes your every move smarter. Fewer steps. Deeper liquidity.
Welcome to OKX’s Unified Orderbook.
© 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.” Some content may be generated or assisted by artificial intelligence (AI) tools. No derivative works or other uses of this article are permitted.
