ICE to launch oil-linked futures with OKX
The Intercontinental Exchange (ICE) is set to launch oil-linked futures with OKX. This move allows traders to bet on the price of oil without actually buying it.
The launch of these perpetual futures, also known as perps, comes as some centralized exchanges have expanded into oil-linked derivatives. Binance and Bybit have already introduced similar products.
In related news, Hyperliquid has seen significant activity in oil-linked perpetual trading, with roughly $500 billion in activity in the first quarter of 2026 and about $352 million in daily volume for Brent crude oil contracts.