Case Study: OKX Web3 achieves real-time AML compliance in DeFi with Elliptic Lens

OKX Web3 screens 15 million wallets in real time with Elliptic

OKX Web3, the decentralized arm of major crypto exchange OKX, faced the challenge of bringing Anti-Money Laundering (AML) controls to its non-custodial DeFi products. The company sought to integrate exchange-grade financial crime screening into its automated trading flows without causing user friction, a requirement that existing decentralized exchanges largely failed to meet. To solve this, OKX partnered with vendor Elliptic and utilized its Elliptic Lens product for real-time wallet and transaction screening.

By integrating Elliptic Lens via API, OKX Web3 embedded real-time screening directly into its DEX Aggregator, automatically blocking high-risk wallets before a trade could proceed. The solution from Elliptic enabled the screening of approximately 15 million wallets, providing strong user protection and giving institutional clients greater confidence in the platform's security. This established a new compliance standard for decentralized trading.

OKX Web3