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Okto becomes the first self-custodial wallet to onboard 500k users on-chain in a compliant manner, surpasses $2 Billion in Transactions

India, August 22, 2025: Okto, the world’s most powerful mobile-first self-custody wallet for decentralized spot and futures trading, today released its half-yearly performance report for January to June 2025. In six months, the platform became the first self-custodial wallet to onboard 500,000 users fully on-chain in a compliant manner. During the same period, Okto also processed over $2 billion in transactions, cementing its position as the leading Hyperliquid-native platform that merges the freedom of decentralization with the security of compliance.

“Founded on the principle of giving users complete control of their assets, Okto has rapidly become the preferred platform for both professional traders and everyday investors. Our rapid adoption reflects the global shift towards secure, mobile-first, self-custody trading. With secure self-custody, gasless cross-chain transfers across 16+ blockchains, and Hyperliquid-native trading for both spot and futures, Okto makes advanced DeFi accessible on mobile,” said Neeraj Khandelwal, Co-founder of Okto.

The wallet also witnessed explosive adoption, expanding from 2.5 million wallets to nearly 18 million within a year.

Key Highlights from H1 2025 (January – June 2025):

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