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.

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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 Multi-Asset Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Composed of varying asset classes, multi-asset is a blanket designation combining different classes such bonds, equities, cash equivalents, fixed income, and alternative investments.When compared to traditional balanced funds, multi-asset solutions differ because they target specific investment outcomes. This includes outcomes such as return above inflation as opposed to gauging performance against standardized benchmarks.Given the composition of multi-asset classes, they need to be dynamically Read this Term and multicurrency functionality within a single risk framework.

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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 Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term. 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.