OKX Launches X-Perps in Europe: MiFID Regulated Crypto Derivatives with Leverage Up to 10x

Valletta, Malta ‒ April 15, 2026 ‒ OKX, one of the world leaders in fintech and crypto trading, today announces the launch of X-Perps: MiFID regulated crypto derivatives, with a five-year maturity, offering leverage up to 10x to retail and institutional traders in Europe.

Available to eligible customers across the entire European Economic Area (EEA), X-Perps integrates advanced margin features, market-leading, within a unified account — including real-time, multi-asset and multi-currency margin.

X-Perps allows trading volatility and directional positions with optimized capital usage, within a regulated framework. The product is based on a funding rate mechanism that keeps the derivatives’ price aligned with the underlying spot market, opening arbitrage opportunities on the funding rate while maintaining familiar crypto trading mechanics and institutional-level risk management.

Backed by OKX’s globally recognized derivatives infrastructure, X-Perps combines deep liquidity, low-latency matching and high-throughput order processing, for fast and resilient execution in all market conditions.

With X-Perps, traders can:

• Trade more with less capital — Leverage up to 10x
• Optimize their capital via multi-currency mode within a unified account — Spot and derivatives positions are netted within a single risk framework, reducing margin requirements on hedged or offsetting exposures
• Manage risk in real-time — Continuous margin calculation, with no settlement delay or batch processing
• Access professional trading tools — Advanced order types, charts, mobile interface and full API support
• Execute with speed and liquidity — Low-latency matching and deep liquidity on OKX’s global infrastructure
• Use multi-asset collateral — EUR, USD and major crypto-assets accepted without conversion
• Trade with transparency — Clear fees, educational resources and responsive customer service

X-Perps offers a professional-grade trading experience in a regulated European framework, combining advanced tools, rigorous risk management and reliable execution. The product launches with pairs on BTC, ETH, ADA, DOGE, PEPE, LTC, PUMP, SOL, XRP and SUI. OKX will progressively roll out new pairs and explore highly demanded products for retail and institutional traders, as part of the development of its comprehensive and regulated European derivatives platform.

“Europe is a global leader in regulated digital asset markets, and a key priority for OKX“, says Erald Ghoos, CEO of OKX Europe. “Derivatives are at the core of crypto markets today. With X-Perps, we extend our proven and performant derivatives offering into a regulated European framework, providing both institutions and retail with scaled access. Combined with deep liquidity, OKX offers a level of depth, performance, and risk management that few platforms can match. Our goal is simple: to offer European traders the most comprehensive and reliable derivatives trading environment on the market.”

X-Perps relies on OKX’s proven risk management systems, including negative balance protection and continuous exposure monitoring. The product is backed by the Proof of Reserves and the group’s asset verification frameworks.

In parallel, OKX strengthens its educational resources in Europe, with multilingual learning content and guides on derivatives-related risks, and provides integrated platform tools to help traders better understand leverage, liquidation thresholds, and margin requirements before opening positions. European traders must pass a suitability test demonstrating their trading knowledge and experience before being able to trade X-Perps on OKX.

The launch of X-Perps fits into OKX’s European strategy, focused on regulated growth, offering depth and user protection, bringing advanced trading capabilities through a more transparent approach and controlled risk management.

About OKX

OKX is a fintech company whose mission is to modernize money and markets. Over 120 million people worldwide today trust OKX to invest, exchange, and trade digital assets on a range of financial instruments including spot, futures and decentralized markets. Among the largest platforms globally, OKX is recognized for its exchange platform, wallet and onchain ecosystem, used by both the general public and large institutions.

OKX has regional offices in the United States, Europe, United Arab Emirates and Singapore, as well as local offices in São Paulo, Hong Kong, the Republic of Türkiye and Australia. Over the years, the company has built one of the most comprehensive fintech structures worldwide in terms of regulatory compliance and licenses.

Firmly committed to transparency and security, OKX publishes a Proof of Reserves report every month to ensure that customer funds are protected and available at all times. To learn more about OKX, download our app or visit okx.com.

Regulatory notices: Expiry Perps are leveraged derivatives; leverage can amplify gains as well as losses. Losses can occur quickly and this product may not be suitable for all investors. OKX Europe Markets Limited is authorized and regulated by the Malta Financial Services Authority.