On December 30th, OKX founder and CEO Stephen Star released his 2025 year-end letter, stating that financial freedom is not about having no rules, but rather about having a reliable, verifiable, and selectable financial system that withstands the test of time. In 2025, despite multiple periods of extreme market volatility, OKX maintained stable system operation, processing a peak of 1.72 million transactions per second on October 11th, with order latency maintained at 20 microseconds. Star pointed out that OKX maintained a 3%–5% asset redundancy throughout the year, continuously issuing Proof of Reserves (PoR), and maintaining a reserve ratio of over 100% for its main assets. Simultaneously, OKX continued to invest in security, anti-fraud, self-custody, and compliance market expansion. In 2025, the platform's global trading volume increased by 16% year-on-year, DEX trading volume increased by approximately 262%, and the number of global users exceeded 120 million.