OKX has announced the launch of a new crypto derivatives product called
X-Perps. The product introduces MiFID-regulated five-year expiry crypto
derivatives for the European Economic Area, with up to 10× leverage. It is
designed for both retail and institutional traders.
Singapore
Summit: Meet the largest APAC brokers you know (and those you still don’t!).
The launch places OKX’s regulated derivatives offering in a segment that
may, in certain structural aspects, resemble CFD-style leveraged trading. At
the same time, it introduces longer-dated expiries and portfolio margining
features that are not typical in standard CFD products.
OKX
Expands EEA Access with X-Perps
The product will be available to eligible customers across the EEA. It
includes advanced margin features through a unified account structure, enabling
real-time, multi-asset and multicurrency functionality within a single risk
framework.
X-Perps is designed to support capital-efficient trading of volatility
and directional positions. It uses a funding rate mechanism that keeps
derivatives pricing aligned with spot markets. It also enables what OKX
described as funding rate arbitrage opportunities, alongside standard crypto
derivatives trading mechanics.
The platform is built on OKX’s existing derivatives infrastructure, using
deep liquidity, low-latency matching, and high-throughput order processing. The
company said this is intended to support execution stability across different
market conditions.
OKX Launches X-Perps, Bringing Regulated Derivatives Trading Across The European Economic Area@OKX‘s X-Perps has officially gone live in the EEA, providing regulated access to crypto derivatives for millions of European users. The platform offers up to 10x leverage with… pic.twitter.com/6FL58TxsUj
— BSCN (@BSCNews) April 15, 2026
European
Traders Access Multi-Asset X-Perps Platform
On the product side, it includes leverage up to 10×, portfolio margining,
and continuous margining without batch settlement. It also supports advanced
order types, charting tools, mobile access, and API connectivity. Multi-asset
collateral is accepted in EUR, USD, and selected crypto assets.
The platform launches with BTC, ETH, ADA, DOGE, PEPE, LTC, PUMP, SOL,
XRP, and SUI trading pairs, with additional listings planned over time.
The system includes negative balance protection, continuous exposure
monitoring, and is backed by Proof-of-Reserves and asset verification
frameworks. European users must pass an appropriateness assessment before
accessing X-Perps.
This article was written by Tareq Sikder at www.financemagnates.com.
Source link
