What is OKX's new X-Perps expansion in Europe?

OKX has expanded its X-Perps derivatives platform to include futures linked to the Magnificent 7 technology stocks, major US equity indices and commodities. The move gives European retail traders access to traditional financial markets through the same platform they use for cryptocurrencies.

Which assets can traders access through the new X-Perps products?

The expanded offering includes contracts linked to the Magnificent 7 stocks, the S&P 500 through SPY, the Nasdaq-100 through QQQ, as well as gold, silver and oil. These products sit alongside existing crypto-linked contracts.

X-Perps are OKX's regulated derivatives products that use a funding-rate mechanism to track the price of underlying assets. They allow traders to gain leveraged exposure without directly owning the stocks, indices or commodities.

How much leverage does OKX offer on these products?

European traders can access up to 10x leverage on the new stock and commodity-linked contracts. Leverage increases both potential gains and potential losses, making these products higher risk than spot trading.

Can traders use crypto holdings as collateral?

Yes. OKX allows users to access these products using the same margin pool that supports their cryptocurrency positions. This means traders can use existing crypto holdings as collateral for stock and commodity exposure.

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OKX expands X-Perps with stocks and commodities

Written by Isaac FrancisPublished Jun 10, 2026, 2:29 AM

OKX has expanded its X-Perps derivatives platform in Europe by launching futures linked to major US technology stocks, equity indices and commodity benchmarks for retail traders.

The new products include contracts tied to the Magnificent 7 technology companies, as well as index-linked futures based on the S&P 500 and Nasdaq-100 through SPY and QQQ.

European customers can also trade gold, silver and oil-linked contracts with leverage of up to 10 times while using the same collateral pool that supports their cryptocurrency positions.

OKX said the products operate as regulated derivatives that use a funding-rate mechanism designed to keep prices aligned with the underlying assets.

The expansion builds on the company's initial X-Perps launch in April, which focused on cryptocurrency-linked contracts including Bitcoin, Ether, Solana and XRP.

The move comes as crypto exchanges increasingly blend traditional finance and digital assets into unified trading platforms, with Kraken, Coinbase and Binance all introducing products linked to stocks, indices and commodities over the past year.

OKX Europe chief executive Erald Ghoos said trading volumes on the platform have increased more than 447% since May 1, adding that much of the growth has come from new clients previously using offshore or unregulated venues for US equity-linked derivatives trading.

At the time of reporting, Bitcoin price was $61,393.03.