Trade it. Hedge it. Collateralise it. Tokenized stocks are now live on OKX. Starting July 16, OKX Unified Tokenized Stocks spot trading opened in four batches, 24 pairs on day one, the first wave of 47 rolling out through July 22 and 28, with a trading competition on the way too. Day-one lineup (all UTC), all quoted in USDT: · 03:00, Batch 1: XMU · 06:00, Batch 2: XSPCX, XSNDK, XSKHY, XSPY, XQQQ, XNVDA, XTSLA · 07:00, Batch 3: XMRVL, XINTC, XSOXL, XGOOGL, XMSFT, XCRCL, XAAPL, XEWY · 08:30, Batch 4: XAMD, XAMZN, XMETA, XMSTR, XLITE, XAVGO, XTSM, XIWM Each asset uses an "X" prefix and tracks the price of the underlying stock or ETF in share units, 1:1 backed by real shares held with xStocks (Backed Assets) on Solana and X Layer. What makes it different: · Trades 24/7, weekends included. Outside US hours, pricing is last close plus a market estimate, so you react to earnings the moment they hit · From 1 USDT, buy fractions · No broker, no fiat conversion, no second KYC. Just the USDT in your account · Grid and DCA bots run on every pair, the same tools you use on crypto · Blue chips will soon be usable as portfolio margin collateral, so one balance works twice · Same account as your stock perps, so you can hold XAAPL spot and hedge with an AAPL perp short without moving funds · Dividends are handled automatically, converted into extra share balance, no action needed The unified layer is the part nobody else has. Whichever provider issues the underlying token, OKX consolidates it into one "share", one order book, one set of rules. Would you set a DCA bot on tokenized Nvidia or Tesla the way you dollar-cost into BTC, or does trading tokenized US stocks around the clock feel like a whole different game? #OKXTokenizedStocksLive

The jobs report moved September pricing. CPI may decide it. U.S. payrolls fell 23K in July versus expectations for ~85K growth, marking the first negative month since February. May and June were revised down by a combined 103K: · May: 129K to 63K · June: 57K to 20K The slowdown is broader than one month. Payroll growth averaged 34K over the past year, while average hourly earnings were nearly flat in July and wage growth cooled to 3.2% YoY. But the 4.1% unemployment rate does not tell a straightforward story. The labor force shrank by 264K, pushing participation down to 61.4%, its lowest level in more than five years. The headline payroll decline also included a 50K drop in local government education, a category vulnerable to seasonal distortions. Still, weakness extended to retail and financial activities, while health care added only 22K jobs, below its recent average. Following the jobs report on Aug 7, CME FedWatch assigned roughly a 44% probability to a 25 bp September hike, while Kalshi showed around 64% odds of no change as of Aug 8. Those figures come from different markets and methodologies, but both point to the same conclusion: September is still open. Now the focus shifts to July CPI on Aug 12. Consensus expects headline inflation to ease slightly to around 3.4% YoY from 3.5%. But headline CPI is only part of the story. June core CPI was lower at 2.6%, so the real test is whether energy pressure begins spreading into underlying goods, housing and services. For crypto, weaker employment and wage growth can reduce pressure for tighter policy and pull Treasury yields lower. But if softer hiring develops into a deeper growth slowdown, the liquidity-positive interpretation becomes less straightforward. A hotter CPI, especially at the core level, could quickly revive hike pricing. A softer print would strengthen the case for holding rates steady and shift attention toward whether labor-market cooling continues. Will CPI confirm the post-payroll move toward no change, or put a September hike firmly back on the table? #PayrollsDropCPIFocus

Every product we build is protected before anyone makes a trade. From Exchange OS to Outcome Markets and tokenized assets, every launch is built with controls in place before trading begins. See how in our Risk Control Report: https://web3.okx.com/learn/risk-control-report-h1-2026

Native USDC is officially live on X Layer. This replaces the previous bridged USDC_Bridged with canonical, fully reserved USDC issued directly by regulated affiliates of Circle. Here's what that means for you: · 1:1 redeemable for USD · MiCA-compliant · Deposits and withdrawals from Exchange on X Layer now settle in native USDC automatically Read more: https://web3.okx.com/learn/usdc-cctp-on-xlayer

SpaceX passed its first unlock test, but not yet its valuation test. Shares rose 6.1% to $114.92 on Aug 6 even as up to 911.5M shares became eligible for sale, more than the roughly 638.9M shares sold in its IPO. The rebound followed a nearly 14% drop the previous day, while the stock remains below its $135 offering price. Its first post-IPO earnings report delivered a clear top-line beat: · Revenue reached $7.8B, up more than 90% YoY · Net loss narrowed to $541M, or $0.09 per share, less than half analysts expected · AI revenue reached $2.56B, up 247% YoY SpaceX now reports AI as a core segment following its February acquisition of xAI, bringing xAI, Grok and X into the broader business. But Starlink remains the current revenue engine. The connectivity segment generated $4.29B, up 66% YoY and accounting for more than half of total revenue, while Starlink subscribers doubled to around 12M. The spending side changed the conversation. Total quarterly capex climbed to about $18.3B, with roughly $15.8B directed toward AI infrastructure, more than double the previous quarter and significantly above current quarterly AI revenue. That comparison does not capture the multi-year value of infrastructure, but it shows the scale of the upfront buildout. Investors are increasingly separating rapid AI demand from the cost of delivering it. The unlock also requires context. Shares becoming eligible for sale does not mean all of them were sold on Aug 6. The rebound shows the market absorbed the first day of potential supply, not that selling pressure has disappeared. Aug 6 was only the first staged release. Additional tranches remain under the IPO lockup schedule, while Elon Musk’s shares are subject to a 366-day lockup. The next test is whether Starlink’s revenue base and rapid AI growth can support higher capex before more shares become available. Which signal matters more now: AI revenue converting into stronger margins, or continued absorption of the unlocked supply? #SpaceXUnlockRebound #AIMemoryBullTest

We'll be listing @AIW3_official on Boost. Registrations open on Aug 7, 8 AM UTC: https://web3.okx.com/ul/m7wZWP Claims go live on Aug 8, 10 AM UTC.

Circle’s next growth bet is no longer just more USDC. It is building the financial infrastructure around it. Q2 revenue and reserve income reached $701M, up 7% YoY, while adjusted EBITDA rose 8% to $143M. Average USDC circulation grew 25% YoY, but quarter-end circulation fell 4.8% QoQ to $73.3B. Onchain volume reached $14.8T, up 151% YoY but below Q1’s $21.5T, showing sequentially softer supply and activity. Arc has entered private mainnet ahead of a Sep 16 public launch. More than 100 ecosystem and institutional builders are participating, alongside 11 third-party founding validators including BlackRock, DTCC, Visa, Mastercard and Standard Chartered. Arc is designed around: · USDC-denominated gas fees · Sub-second settlement and stablecoin FX · Payments, tokenized assets and institutional infrastructure · Integration with Circle’s platform, including StableFX Circle still depends heavily on income from USDC reserves, leaving performance sensitive to circulation and interest rates. By building infrastructure around USDC, Arc could help diversify Circle beyond reserve income if institutions use it for payments, FX and tokenized-asset settlement. The institutional groundwork is expanding. Circle National Trust has final OCC approval, BNY has added USDC to its Digital Asset Custody platform, and Standard Chartered offers institutional access to USDC minting and redemption. But recognizable validators do not guarantee adoption. After Sep 16, the key signals will be assets issued, settlement volume, active institutions and fee-generating activity on Arc. What would signal real Arc adoption: renewed USDC supply growth or institutional settlement volume? #CircleArcLaunch #EarningsRealityCheck

Sandisk beat the quarter. The market still wanted more. Fiscal Q4 revenue reached $8.97B, up 51% sequentially and 372% YoY, while non-GAAP EPS came in at $39.25. The board also approved another $14B share repurchase program, taking the remaining authorization to $15.5B. The details show how sharp, and uneven, the current flash cycle has become: · About two-thirds of sequential revenue growth came from higher pricing, versus one-third from volume · Datacenter revenue doubled quarter over quarter to $2.98B · Consumer revenue fell 32% over the same period · Q4 gross margin reached 84.6% But expectations have moved even faster. Sandisk guided fiscal Q1 revenue to $10.3B-$10.8B and non-GAAP EPS to $44-$46. Shares traded lower after hours as investors focused on guidance that did not clear elevated expectations. Still, its 83%-85% non-GAAP gross-margin outlook suggests management expects margins to remain elevated. The expanded buyback is notable alongside strong cash generation. Q4 free cash flow reached $7.08B, or $5.04B after adjusting for Flash Ventures activity and payments tied to its new business model agreements. Sandisk signed five more NBM agreements since April, including three with new customers, bringing the total to 10. Those agreements may improve demand visibility beyond the current pricing cycle. There is a longer-term AI angle too. Sandisk and SK hynix released the first open High Bandwidth Flash specification through the Open Compute Project, targeting up to 512GB per package and bandwidth of up to 3TB/s for AI inference. That leaves two stories in the same report. AI storage demand is accelerating, but much of the near-term upside still comes from NAND pricing. Investor Day on Aug 13 is the next opportunity for management to explain whether HBF and contracted demand can support more durable growth. Do you see a lasting AI storage cycle here, or are expectations already running ahead of the fundamentals? #SandiskBeatAndBuyback #EarningsRealityCheck

In H1 2026, we blocked 10M+ risky site visits and flagged 4M high-risk signatures. Our Web3 Security Report with SlowMist and OtterSec shows how threats are evolving, and how protection starts before you sign. Read it here: https://web3.okx.com/learn/security-report-h1-2026

This earnings season is sending a clear message: beating estimates is no longer enough. SpaceX reported its first quarterly results as a public company, with Q2 revenue up 92% YoY to $7.81B and its operating loss narrowing from $970M a year earlier to $143M. Starlink subscribers doubled to 12M, helping connectivity revenue rise 66%. But AI infrastructure capex reached $15.8B, up from $749M a year ago. SpaceX said NVIDIA hardware will power Starmind AI1, while Musk said its broader AI infrastructure would be built exclusively on NVIDIA chips. The stock gave back gains after hours. Next comes a supply test: 911.5M shares, about 12% of shares outstanding and more than the current public float, become eligible for sale on Aug 6. AMD told a similar story. Q2 revenue reached $11.54B, up 50% YoY, while adjusted EPS came in at $1.66. Data Center revenue jumped 107% to $6.7B, or 58% of sales, and Q3 revenue guidance of about $13B topped consensus. Shares still fell more than 8% after hours as investors questioned whether the growth rate and roughly 56% non-GAAP gross margin could justify the valuation as Helios begins to ramp. Three themes are driving the reaction: · Growth quality: Is AI demand converting into durable profits? · Capital intensity: How much spending is required to sustain that growth? · Expectations: How much good news was already priced in? SpaceX's NVIDIA decision also highlights the competitive backdrop facing AMD. It does not weaken AMD's reported Data Center growth, but it shows how fiercely major AI infrastructure contracts are contested. The earnings bar has moved. The question is no longer whether companies can beat estimates, but whether their results can outrun expectations. For crypto users, tokenized equities are bringing these earnings-driven moves closer to on-chain markets. What matters most in this phase of the AI cycle: faster growth, stronger margins, or clearer returns on capex? #EarningsRealityCheck #SpaceXBeatEstimates #AMDBeatsButDrops

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