The cryptocurrency landscape continues to evolve at a rapid pace, with innovation driving both trading tools and asset offerings. At the forefront of this transformation is OKX, a leading global crypto exchange and blockchain technology company, which recently announced two major developments: the listing of Swell (SWELL) on its perpetual futures market and the launch of the 'Man X Machine' year-end trading campaign.
These strategic moves underscore OKX’s commitment to expanding accessible, high-performance trading options while empowering users with advanced tools powered by artificial intelligence and automation.
SWELL Now Available on Perpetual Futures Market
On November 25, 2024, OKX officially listed SWELL/USDT perpetual futures at 9:00 AM UTC. This addition allows eligible traders to engage in leveraged trading with up to 50x leverage, using USDT as margin. The listing opens new opportunities for both speculative and hedging strategies around SWELL, the native token of the Swell Network.
👉 Discover how leveraged futures trading can enhance your strategy.
Swell Network is a prominent player in the liquid staking space, enabling users to stake or restake Ethereum (ETH) and receive liquidity-backed tokens in return. These tokens can be used across decentralized finance (DeFi) protocols, allowing users to earn yield without locking up their assets. As restaking gains traction in the Ethereum ecosystem, demand for exposure to native tokens like SWELL is growing—making this futures listing timely and strategically significant.
With the introduction of perpetual contracts, traders can now take long or short positions based on market sentiment, hedge existing SWELL holdings, or capitalize on volatility without owning the underlying asset.
Introducing the 'Man X Machine' Campaign
OKX has also launched 'Man X Machine', a dynamic, AI-driven trading campaign designed to reward users who engage with its Smart Trading platform. Running from November 26 to December 27, 2024, the campaign encourages traders—both novice and experienced—to explore automated trading tools and compete for substantial rewards.
Smart Trading integrates OKX’s suite of automated solutions into a unified marketplace, including:
- Copy Trading: Mirror the live trades of top-performing Lead Traders.
- Signal Trading: Act on expert-generated trading signals.
- Trading Bots: Automate strategies like grid trading and DCA (Dollar-Cost Averaging).
How to Participate in 'Man X Machine'
To qualify for rewards, users must complete specific tasks within the Smart Trading ecosystem:
- Execute a 10-day Smart Picks strategy with a minimum investment of 100 USDT.
- Run a Spot Grid Bot continuously for five days, also with a 100 USDT minimum.
- Engage in Copy Trading by following at least three Lead Traders, each with a 100 USDT allocation.
New users venturing into futures trading will appreciate an added incentive: a 5 USDT loss insurance voucher upon their first Futures Grid Bot deployment. This safety net lowers the barrier to entry and encourages experimentation with algorithmic trading in volatile markets.
Elite Circle Showdown: Compete for Top Prizes
At the heart of the campaign is the Elite Circle Showdown, a competitive leaderboard event that ranks participants based on their profit and loss percentage over the campaign period. The top 10 performers will receive cash prizes in USDT:
- 1st Place: 3,500 USDT
- 2nd–5th Place: 1,000 USDT each
- 6th–30th Place: 200 USDT each
This structure rewards skill and precision rather than just volume, promoting smarter risk management and strategic thinking—core principles of sustainable trading success.
👉 Join the Elite Circle Showdown and test your automated trading skills today.
Why Smart Trading Is the Future
Automation is reshaping how individuals interact with financial markets. In crypto, where price movements can be swift and unpredictable, tools like trading bots and copy strategies help users stay active 24/7—even when they’re not watching charts.
OKX’s Smart Trading platform represents a convergence of human insight and machine efficiency. By combining AI-powered analytics with real-time trader performance data, it enables users to make informed decisions faster and with greater confidence.
Moreover, educational resources available through OKX Learn help users understand the mechanics behind these tools, ensuring that adoption is not just widespread but also responsible.
OKX’s Broader Vision: Onchain Accessibility and Trust
Beyond product launches, OKX continues to reinforce its position as a trusted technology provider in the blockchain ecosystem. The company publishes monthly Proof of Reserves, offering verifiable transparency into its asset backing—a critical factor for user trust in volatile markets.
Its suite of products—including OKX Wallet, OKX Explorer, and institutional-grade services—supports millions of users and hundreds of institutions worldwide. Whether accessing dApps, tracking transactions, or managing large-scale portfolios, OKX delivers integrated solutions that bridge centralized reliability with decentralized innovation.
Frequently Asked Questions (FAQ)
Q: What is SWELL and why is it significant?
A: SWELL is the native token of Swell Network, a liquid staking platform that allows users to stake or restake ETH while maintaining liquidity. Its integration into perpetual futures trading increases accessibility and speculative potential.
Q: Can beginners participate in the 'Man X Machine' campaign?
A: Yes. The campaign includes beginner-friendly tasks and even offers a 5 USDT loss insurance voucher for first-time Futures Grid Bot users, making it accessible to newcomers.
Q: Is there a cost to join the Smart Trading platform or the campaign?
A: No. Participation in the 'Man X Machine' campaign is free. Users only need to meet minimum investment requirements for specific tasks.
Q: How does Copy Trading work on OKX?
A: Copy Trading allows users to automatically mirror trades made by experienced Lead Traders. You set your investment amount and risk parameters, and the system replicates their actions in real time.
Q: Are profits from the Elite Circle Showdown taxable?
A: Tax obligations depend on your jurisdiction. Winners should consult local regulations regarding crypto income reporting.
Q: Where can I learn more about using trading bots effectively?
A: OKX Learn offers comprehensive guides on grid bots, signal trading, and risk management strategies tailored for all experience levels.
👉 Access expert-backed trading strategies and educational content now.
Final Thoughts
The dual launch of SWELL perpetual futures and the 'Man X Machine' campaign highlights OKX’s dual focus: expanding tradable assets while advancing user capabilities through intelligent tools. As AI and automation become central to digital asset trading, platforms that empower users with both choice and control will lead the next phase of crypto adoption.
Whether you're looking to speculate on emerging tokens or refine your algorithmic strategies, OKX provides the infrastructure, transparency, and incentives to help you succeed.