On July 28, OKX announced that it would become the first global trading platform to launch regulated crypto derivatives for retail users in United Arab Emirates. Its products cover futures, perpetual contracts and options, all of which support up to 5 times leverage. This move not only broadens retail users 'strategic space in volatile markets, but also reflects OKX's continued investment in compliance, security and user education. It is reported that this product launch relies on the Dubai Virtual Assets Authority (VARA)'s "Innovation Pilot Framework", which aims to provide a controlled testing environment for innovative financial products, encourage innovation while strengthening regulatory guarantees.