NASSAU, the Bahamas, Oct. 01, 2024 (GLOBE NEWSWIRE) — OKX, leading crypto exchange and global Web3 technology company, has issued updates for October 1, 2024.
OKX Announces Listing of EigenLayer’s EIGEN Token on its Spot Market
On October 1 at 5:00 AM (UTC), OKX listed EigenLayer’s EIGEN token on its spot market, enabling eligible customers to trade EIGEN against USDT via the EIGEN/USDT spot pair.
EigenLayer is a protocol on the Ethereum network that introduces the concept of “restaking.” This allows Ethereum stakers to use their assets, such as ETH or Liquid Staking Tokens (LST), to secure multiple applications and earn additional rewards. By enabling the same staked ETH to provide security for several services, EigenLayer boosts the network’s overall efficiency. This approach reduces the capital required for participation and strengthens the trust and security guarantees for individual services.
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Media@okx.com
About OKX
OKX is a technology company with a mission to organize the world’s blockchains and make them more accessible and useful.
We want to create a future that makes our world more efficient, transparent and connected.
OKX began as a crypto exchange giving millions of people access to trading and over time became among the largest platforms in the world. In recent years, we have developed one of the most connected onchain wallets used by millions to access decentralized applications (dApps).
OKX is a brand trusted by hundreds of large institutions seeking access to crypto markets on a reliable platform that seamlessly connects with global banking and payments.
OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. OKX also regularly publishes educational articles, accessible via OKX Learn. These articles provide readers with in-depth analyses of all cryptocurrencies, including factors influencing Bitcoin prices and Ethereum prices.
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