OKX has launched a unified euro order book for users in the European Economic Area. The new system merges liquidity from EUR and EURC trading pairs into a single pool to improve execution depth.
Eligible traders can now execute orders against this consolidated pool and choose to settle in either EUR or EURC. The platform maintains a fixed 1:1 conversion rate between the two assets.
This integration removes the need for euro-based trades to pass through dollar-denominated pairs, reducing potential fees and exposure to exchange rate fluctuations.
While OKX claims this creates the deepest liquidity for EURC in the market, the company has not disclosed specific liquidity figures for the new unified book.
