International fintech agency OKX has launched X-Perps, a regulated crypto derivatives product for retail and institutional merchants throughout the European Financial Space (EEA).
X-Perps operates underneath the EU’s MiFID II framework, gives as much as 10x leverage, and launches with ten buying and selling pairs protecting Bitcoin, Ethereum, Solana, and a number of other others, together with Dogecoin and Pepe.
In line with OKX, the product permits capital-efficient buying and selling of crypto markets by combining leveraged publicity with a funding charge mechanism that anchors pricing to underlying spot markets. This construction permits arbitrage alternatives whereas sustaining a regulated framework with institutional-grade danger administration.
X-Perps leverages OKX’s established derivatives infrastructure, providing deep liquidity, speedy order execution and excessive throughput to help secure efficiency throughout various market circumstances.
OKX’s EU licensing path
OKX acquired a MiFID II license via a Malta-based entity in March 2025, then picked up a Funds Establishment license in February 2026, enabling stablecoin transactions and card providers throughout the bloc.
In line with OKX Europe CEO Erald Ghoos, Europe is likely one of the most necessary areas for regulated digital asset markets and stays a core focus for the corporate.
“Derivatives sit on the core of crypto markets at present. With X-Perps, we’re extending our confirmed, high-performance derivatives providing right into a regulated European framework, giving each establishments and retail merchants entry at scale,” Ghoos stated.
Perpetual futures, the instrument X-Perps is modeled on, generated $92.9 trillion in buying and selling quantity globally in 2025, per CoinGecko. Perpetual contracts are the dominant instrument in crypto buying and selling, and till now, European entry to those merchandise via regulated channels has been skinny.
“Mixed with deep liquidity, OKX delivers a stage of depth, efficiency and danger administration that few platforms can match. Our purpose is easy: to supply Europe’s merchants with essentially the most full and trusted derivatives buying and selling setting available in the market,” Ghoos added.
