OKX Orbit
OKX Orbit
Welcome to OKX Orbit Think. Trade. Build. Together. Daily topics. Real debates. Zero fluff. Share your views. Grow with us. Need help? → @OrbitHelpDesk
11Følger
5,7kfølgere
Feed
Direktesending
Feed
Festet
Inside OKX Orbit: A Community FAQ Guide
We’ve been seeing your questions in the Orbit community, and we’ve brought together answers to some of the ones that come up most often. Thanks to everyone who’s shared a question or asked for clarification!
If you’ve been wondering about something on Orbit, there’s a good chance you’ll find the answer below. For more questions and details, check out the full OKX Orbit FAQ through the link at the end of this article. General Orbit Questions Q. Is there any limit for Orbit posts, and why do some
Festet
OKX Orbit Community Guidelines
Introduction OKX Orbit is a crypto community that brings content and trading together. To maintain a respectful, constructive and welcoming environment, we have established these Community Guidelines in accordance with the OKX Orbit Content Policy (https://www.okx.com/help/content-policy-for-okx-orbit). All users of OKX Orbit must comply with these Guidelines. General Provisions The conduct described in these Guidelines is provided for reference and is not exhaustive. OKX Orbit may assess the se
Festet
Outcomes Is Now Integrated With OKX Orbit
OKX Orbit is a community for creating and sharing crypto-related content. Users discuss market trends, US stock earnings and macroeconomic events, and share their perspectives on the markets.
Outcomes enables users to express their expectations by taking positions on specific events. This integration connects discussions on Orbit with relevant Outcomes events and allows users to share their prediction activity and performance.
Users can now add relevant Outcomes event cards to their posts and
Circle’s Q3 highlights a key distinction: growing stablecoin activity does not automatically mean higher reserve income.
Results released Nov 4 included:
• Total revenue and reserve income: $865M, up 17% YoY
• Net income from continuing operations: $226M, up 5%
• Adjusted EBITDA: $317M, up 85%
• USDC onchain transaction volume: $13.9T, up 49%
• Average USDC in circulation: $73.3B, up 8%
Reserve income fell 8% to $658M, mainly due to a 61 bps decline in the reserve return rate, partly offset by higher average USDC circulation.
Transaction volume measures activity, while balances and reserve yields help determine reserve income. More transfers do not automatically mean higher issuer earnings.
Other revenue reached $207M, including $182M from the ARC token presale. Circle attributed adjusted EBITDA growth to presale revenue and lower distribution costs, partly offset by increased investment in new products.
The presale contribution should be assessed separately from reserve income when evaluating earnings sustainability. This quarter’s revenue mix may not be repeated in future quarters.
Arc public mainnet launched Sept 16 with native USDC integration and 100+ institutional and ecosystem participants. Launch participation is a starting point; sustained activity will offer further evidence of adoption.
Payments expansion adds another perspective:
• Circle Payments Network: $41.3B in annualized payment volume
• Tazapay: over $25B in annualized payment volume, with local payout coverage across 100+ markets
These are payment-volume metrics, not revenue, and should not be added together as an already combined business. Circle’s proposed Tazapay acquisition is expected to close in 2027, subject to regulatory approvals.
The next test is whether payment adoption can support durable earnings as reserve yields and costs evolve.
Which matters most for Circle’s outlook: USDC circulation, reserve yields or payment adoption?
#CircleQ3USDCVolumeUp49%
🚀 Round 3 of the Earnings Season Trading Campaign is now live!
Trade $CRCL , $META and $AAOI perpetuals to earn 100 USDT for every 1,000,000 USDT in trading volume, up to 1,000 USDT per user.
Ends Nov 10 at 10:00 UTC.
Join now: https://www.okx.com/campaigns/earnings-season-3
Trade $AKE on our DEX from now till Nov 7, 11am UTC and compete for a share of 150K USDT.
More details: https://web3.okx.com/ul/ibOJ1N
Rankings are based on trading volume, with the top 3K traders sharing the rewards.
Democrats are projected to control both chambers of Congress, setting up a new balance of power in Washington.
NBC News projects Democratic majorities in the House and Senate following the Nov 3 midterms. All 435 House seats and 35 Senate seats were on the ballot. These projections are distinct from final certified results and complete seat totals.
The new congressional term begins Jan 3, 2027. Election results do not immediately replace the current Congress or change existing laws.
For digital assets, key policy developments to watch include:
• Regulatory appointments: how the Senate handles future nominations for key financial regulators
• Committee agendas: which digital asset bills and oversight issues receive priority
• Legislative progress: the substance of proposals, cross-party support and the timetable for action
• Fiscal negotiations: how tax and spending priorities develop under divided government
The Senate’s confirmation role makes personnel another policy channel to watch. But an election result does not automatically replace existing regulators or establish how future nominees will be treated.
Committee leadership matters too. Committees review legislation and oversee agencies within their jurisdictions. Hearings and agendas can help reveal priorities, but are not the same as enacted rules.
A congressional majority also does not guarantee passage of every proposal. Ending debate on most Senate legislation generally requires 60 votes, making support beyond a simple majority important.
The result does not settle December’s interest-rate decision. The Fed’s monetary policy mandate remains maximum employment and price stability.
Our reading: the new political balance is not an automatic bullish or bearish signal for BTC. Assess proposals, enacted policies and implementation alongside the broader economic backdrop.
Which policy developments will matter most for digital assets under the next Congress?
#DemocratsWinCongress
The best place for your crypto is also the best place to keep it safe.
OKX Shield gives you visible security controls and up to $500,000 of added account protection.
Activate now and check your status in one clear view: https://www.okx.com/shield
AMD’s data center revenue nearly doubled in Q3, while results elsewhere showed a more uneven picture.
Q3 2026 results included:
• Revenue: $13.377B, up 45% YoY and 16% QoQ
• Non-GAAP diluted EPS: $2.09, up 74% YoY
• GAAP net income: $2.428B, up 95% YoY
• GAAP operating margin: 21%, versus 17% in Q2 and 14% a year earlier
Revenue exceeded the $13.09B LSEG estimate, while non-GAAP EPS beat the $1.95 forecast. GAAP operating income rose 123%, showing that operating profit grew faster than sales.
Data center revenue reached a quarterly record of about $8.5B, up 97% YoY. AMD attributed the increase to strong EPYC processor demand and the launch of Instinct MI450 Series GPUs. The growth story spans server CPUs as well as AI accelerators.
Data center represented roughly 64% of total revenue, making cloud and AI infrastructure demand increasingly important to the overall business.
Outside data centers, Client and Gaming revenue fell 8% YoY to $3.7B. Client revenue nevertheless grew 7% to $2.9B, supported by Ryzen mobile processor sales. Strong AI demand does not mean every part of the portfolio is expanding at the same pace.
For Q4, AMD forecasts:
• Revenue: about $17B, plus or minus 3%
• Growth at the midpoint: roughly 66% YoY and 27% QoQ
• Non-GAAP gross margin: about 55%, versus 56% in Q3
The revenue midpoint exceeded the $16.2B LSEG consensus. Management expects further growth as it scales Helios systems and Venice processors. These are forward-looking expectations, not results already delivered.
The margin outlook adds an important contrast: faster revenue growth does not automatically produce a higher gross margin. Sales mix, component costs and production execution will shape how additional demand translates into earnings.
The next test is sustaining data center momentum while managing capacity and the different trends across the wider business.
Can AMD maintain its growth pace while keeping profitability on track?
#AMDQ3DataCenterUp97%
Your assets should be backed in any market condition. And you should be able to check.
Our 49th consecutive Proof of Reserves report, covering reserves as of 1 Nov 2026, shows $27.8B in primary assets, with customer assets backed at more than 1:1.
Don’t trust. Verify → https://www.okx.com/proof-of-reserves
Lumentum’s latest results add an earnings perspective to its proposed combination with Marvell.
Released Nov 2, Q1 FY2027 results for the quarter ended Sep 26 included:
• Revenue: $1.263B, up 136.5% YoY and 25.5% QoQ
• GAAP net income: $360.3M
• GAAP diluted EPS: $3.54
• Non-GAAP diluted EPS: $4.57
Profitability strengthened too. GAAP gross margin reached 51.0%, versus 34.0% a year earlier. GAAP operating margin was 28.5%, while the non-GAAP measure was 42.3%.
Management cited pump lasers and optical circuit switches as leading growth contributors. It also secured a second major near-packaged/co-packaged optics win, backed by purchase commitments exceeding $5B. These commitments provide demand visibility, not revenue already recognized.
For Q2, Lumentum forecasts:
• Revenue: $1.575B-$1.625B
• Non-GAAP operating margin: 45%-46%
• Non-GAAP diluted EPS: $5.90-$6.20
The outlook points to further growth, but remains management guidance.
The deal adds a longer timeline. Marvell would exchange 4.5 shares for each Lumentum share, with an implied enterprise value of about $115B at announcement. The fixed exchange ratio means the value of the stock consideration moves with Marvell’s share price.
Closing is expected in H1 2028, subject to both companies’ shareholder approvals, regulatory approvals and other customary conditions.
The companies see rising bandwidth needs and the physical limits of copper links driving closer integration of electrical and optical technologies. Combining networking silicon with lasers and optical switching is intended to address that demand.
They project more than $1B in annual cost synergies and non-GAAP EPS accretion for Marvell in the first year after closing. These are expected benefits, not results already achieved.
The focus spans two timelines: near-term revenue and margins, and the execution needed to deliver the merger’s longer-term benefits.
#MarvellLumentumDeal
