ONX Wallet, operated by ONX BIT LTD, is expanding its role beyond basic digital asset storage to position itself as a next-generation Web3 wallet platform. The ONX Wallet, operated by ONX BIT LTD, is expanding its role beyond basic digital asset storage to position itself as a next-generation Web3 wallet platform. The

ONX Wallet Redefines Web3 Trading With Wallet-Native Derivatives

4 min read

ONX Wallet, operated by ONX BIT LTD, is expanding its role beyond basic digital asset storage to position itself as a next-generation Web3 wallet platform. The solution is designed to integrate on-chain spot trading and derivatives directly into the wallet interface, reflecting a broader shift toward more comprehensive decentralized financial experiences. Built on the company’s proprietary high-performance Layer 2 network, known as ONX Layer, the platform aims to deliver a seamless blend of wallet transparency and exchange-level functionality.

ONX Wallet is a multichain wallet developed by a team with professional backgrounds at major centralized exchanges. This experience has influenced the platform’s design, which seeks to combine the self-custody principles of Web3 with the performance and usability typically associated with centralized trading venues. Through a single interface, users can manage digital assets, execute on-chain trades, and access derivatives markets without the need for multiple accounts or external platforms.

Integrated on-chain trading and derivatives

Unlike traditional Web3 wallets that focus primarily on asset transfers and storage, ONX Wallet offers a fully integrated on-chain trading environment. Users can manage spot holdings and trade derivatives within the same wallet, eliminating the need to move funds between separate applications. This structure is intended to reduce friction while maintaining user control over assets.

The wallet incorporates a high-performance trading engine designed to support low-latency and reliable order execution, even during periods of high market volatility. By embedding trading functionality directly into the wallet, the platform aims to deliver exchange-grade performance while preserving the transparency and self-custody advantages of decentralized systems.

Multi-chain support and cross-chain connectivity

ONX Wallet supports asset management across multiple major blockchains, including Solana, Ethereum, BNB Chain, Base, and others. Cross-chain functionality is enabled through integration with the LayerZero protocol, allowing users to transfer and trade assets across networks more seamlessly. This multichain approach is intended to give users flexibility and broader market access within a single wallet environment.

The platform supports up to 500 trading markets, covering both widely traded assets and more specialized long-tail tokens. Users can choose between single-direction or bi-directional positions and switch freely between cross-margin and isolated-margin modes. A wide range of order types, including limit, market, stop-loss, take-profit, conditional, and iceberg orders, supports more advanced trading strategies.

Advanced derivatives and execution model

For derivatives trading, ONX Wallet supports perpetual contracts on major assets such as Bitcoin and Ethereum, with leverage options reaching up to 125x. This feature is designed to meet the needs of professional and advanced traders who require sophisticated tools directly within a self-custodial environment. The platform uses an order book model intended to minimize spreads and enhance liquidity depth, creating an execution experience closer to that of centralized exchanges.

Security, transparency, and on-chain verification

ONX Wallet is built on an on-chain ledger that enables real-time verification of all orders and asset movements. Transaction data is secured through audited smart contracts, while LayerZero-based cross-chain security and automated vault-balancing mechanisms are designed to further protect user assets. This architecture aligns with the Web3 principle that the wallet serves as the user’s primary asset vault, offering full visibility and transparency at all times.

Community participation and future expansion

Beyond its technical features, ONX Wallet positions itself as a participatory Web3 financial platform. Users can receive rewards for trading activity and ecosystem contributions through rebates and point-based incentives, encouraging long-term engagement and community-driven growth. The platform launched its public beta on February 1, 2026, introducing trading incentives designed to reward early participation.

Looking ahead, ONX Wallet plans to expand beyond trading by integrating additional on-chain financial services and Web3 applications. By combining proprietary Layer 2 infrastructure, a unified wallet interface, and native trading capabilities, the platform aims to build a wallet-centric Web3 financial ecosystem focused on efficiency, transparency, and broader inclusion.

The post ONX Wallet Redefines Web3 Trading With Wallet-Native Derivatives appeared first on CoinTrust.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis

Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis

Egrag Crypto forecasts XRP reaching $6 to $7 by November. Fractal pattern analysis suggests a significant XRP price surge soon. XRP poised for potential growth based on historical price patterns. The cryptocurrency community is abuzz after renowned analyst Egrag Crypto shared an analysis suggesting that XRP could reach $6 to $7 by mid-November. This prediction is based on the study of a fractal pattern observed in XRP’s past price movements, which the analyst believes is likely to repeat itself in the coming months. According to Egrag Crypto, the analysis hinges on fractal patterns, which are used in technical analysis to identify recurring market behavior. Using the past price charts of XRP, the expert has found a certain fractal that looks similar to the existing market structure. The trend indicates that XRP will soon experience a great increase in price, and the asset will probably reach the $6 or $7 range in mid-November. The chart shared by Egrag Crypto points to a rising trend line with several Fibonacci levels pointing to key support and resistance zones. This technical structure, along with the fractal pattern, is the foundation of the price forecast. As XRP continues to follow the predicted trajectory, the analyst sees a strong possibility of it reaching new highs, especially if the fractal behaves as expected. Also Read: Why XRP Price Remains Stagnant Despite Fed Rate Cut #XRP – A Potential Similar Set-Up! I've been analyzing the yellow fractal from a previous setup and trying to fit it into various formations. Based on the fractal formation analysis, it suggests that by mid-November, #XRP could be around $6 to $7! Fractals can indeed be… pic.twitter.com/HmIlK77Lrr — EGRAG CRYPTO (@egragcrypto) September 18, 2025 Fractal Analysis: The Key to XRP’s Potential Surge Fractals are a popular tool for market analysis, as they can reveal trends and potential price movements by identifying patterns in historical data. Egrag Crypto’s focus on a yellow fractal pattern in XRP’s price charts is central to the current forecast. Having contrasted the market scenario at the current period and how it was at an earlier time, the analyst has indicated that XRP might revert to the same price scenario that occurred at a later cycle in the past. Egrag Crypto’s forecast of $6 to $7 is based not just on the fractal pattern but also on broader market trends and technical indicators. The Fibonacci retracements and extensions will also give more insight into the price levels that are likely to be experienced in the coming few weeks. With mid-November in sight, XRP investors and traders will be keeping a close eye on the market to see if Egrag Crypto’s analysis is true. If the price targets are reached, XRP could experience one of its most significant rallies in recent history. Also Read: Top Investor Issues Advance Warning to XRP Holders – Beware of this Risk The post Egrag Crypto: XRP Could be Around $6 or $7 by Mid-November Based on this Analysis appeared first on 36Crypto.
Share
Coinstats2025/09/18 18:36
‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds

‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds

The post ‘High Risk’ Projects Dominate Crypto Press Releases, Report Finds appeared on BitcoinEthereumNews.com. More than six in 10 crypto press releases published
Share
BitcoinEthereumNews2026/02/04 13:09
Why Vitalik Says L2s Aren’t Ethereum Shards Now?

Why Vitalik Says L2s Aren’t Ethereum Shards Now?

The post Why Vitalik Says L2s Aren’t Ethereum Shards Now? appeared on BitcoinEthereumNews.com. Vitalik says Ethereum’s scaling and higher gas limits mean L2s no
Share
BitcoinEthereumNews2026/02/04 13:18