--- title: "OKX Debuts Regulated X-Perps for Stocks, Gold and Oil" date: 2026-06-09 author: "Kathleen Kinder" featured_image: "https://coinlaw.io/wp-content/uploads/2026/06/okx-regulated-x-perps-for-stocks-gold-and-oil.jpg" categories: - name: "Cryptocurrency" url: "/crypto.md" tags: - name: "News" url: "/tag/news.md" --- # OKX Debuts Regulated X-Perps for Stocks, Gold and Oil OKX has expanded its European derivatives offering with the launch of regulated X-Perps tied to major US stocks, stock indices and commodities, giving traders 24/7 access to a wider range of markets from a single account. ## Key Takeaways - OKX has launched 13 new X-Perp markets covering major US technology stocks, commodities and index products for European traders. - Users can trade exposure to the Magnificent 7 stocks, SPY, QQQ, gold, silver and oil with up to 10x leverage. - The product operates under MiFID regulation and complements OKX’s existing MiCA licensed operations in Europe. - OKX says X-Perps trading volume has surged more than 447% since May 1, driven largely by new customers. ## What Happened? Crypto exchange OKX has expanded its Europe focused derivatives platform by introducing new **X-Perp contracts** linked to leading US stocks, major commodities and benchmark indices. The launch gives retail and institutional traders across the **European Economic Area** access to regulated perpetual style derivatives through a single trading account. The move comes as crypto exchanges increasingly bridge the gap between digital assets and traditional financial markets, offering users exposure to equities, commodities and crypto products within the same platform. > Stock, ETF, and commodity X-Perps are now live in Europe. > > Trade futures on Mag 7, [$SPY](https://x.com/search?q=%24SPY&src=ctag&ref_src=twsrc%5Etfw), [$QQQ](https://x.com/search?q=%24QQQ&src=ctag&ref_src=twsrc%5Etfw), Gold, Silver, and Oil 24/7 with up to 10x leverage. > > SpaceX joins the lineup once it IPOs. > > Open your X-Perps account today and get a €30 bonus. > > — OKX (@okx) [June 9, 2026](https://x.com/okx/status/2064288357065126032?ref_src=twsrc%5Etfw) ## OKX Expands X-Perps Beyond Crypto OKX first introduced X-Perps in April with contracts linked to cryptocurrencies such as **Bitcoin, Ether, Solana and XRP**. The company has now broadened the product lineup with 13 additional markets covering some of the world’s most followed assets. European customers can now trade contracts tied to the **Magnificent 7 technology companies**, including **Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla**. The exchange has also added exposure to **[Gold](https://coinlaw.io/gold-investment-statistics/), [Silver](https://coinlaw.io/silver-investment-statistics/), WTI Crude Oil and Brent Crude Oil**. In addition, traders can access **SPY** and **QQQ** linked contracts, providing price exposure to the **S&P 500** and **Nasdaq 100** respectively. According to OKX, all markets are available **24 hours a day, seven days a week**, allowing traders to react to earnings announcements, central bank decisions, geopolitical developments and commodity price swings without waiting for traditional market hours. The company also said that following its planned IPO, **SpaceX X-Perps** are expected to become available on June 12. ## Built for a Regulated European Market A major focus of the launch is regulatory compliance. [OKX](https://coinlaw.io/okx-exchange-statistics/) said X-Perps were specifically designed to meet the requirements of the European Union’s **[Markets in Financial Instruments Directive (MiFID)](https://coinlaw.io/what-is-mica-regulation/)** framework. The launch follows OKX securing its **MiFID II license in March 2025**, enabling the company to expand [regulated derivatives trading](https://coinlaw.io/cryptocurrency-derivatives-market-statistics/) throughout the European Union. The platform supports **multi asset collateral**, allowing users to post **euros, US dollars and crypto assets** as margin. Traders can access leverage of up to **10x**, while maintaining positions across multiple asset classes within a single account. Erald Ghoos, CEO of OKX Europe, said: “ European traders are sophisticated. They know exactly what’s moving markets. They watch earnings, Fed decisions, commodity prices, and geopolitical events, but they’ve had no way to act on any of them. X-Perps fix that. One account, every market, 24/7. And because we’re fully regulated, our customers get the protections that come with that. Erald GhoosCEO – OKX Europe ## Competition Intensifies in Stock Linked Crypto Products OKX’s expansion arrives as several major crypto exchanges race to offer regulated exposure to traditional financial assets. Earlier this year, **[Kraken](https://coinlaw.io/kraken-24-7-tokenized-stock-perpetuals/)** launched tokenized equity perpetual futures tied to products such as the **S&P 500, Nasdaq 100, Magnificent 7 and gold**. **Coinbase** followed with stock perpetual futures for international customers, while **[Binance](https://coinlaw.io/binance-tokenized-stock-trading-ondo-return/)** has also expanded its stock related offerings for non-US users. The growing trend reflects increasing demand from traders seeking access to multiple asset classes without maintaining separate brokerage and crypto exchange accounts. ## Trading Volumes Show Growing Demand OKX believes interest in the product category is accelerating rapidly. According to Ghoos, **X-Perps trading volume has increased by more than 447% since May 1**, with much of the activity coming from traders previously using offshore or unlicensed platforms. The company also highlighted the popularity of major US index products. Over the past year, **SPY returned 25%** while **QQQ returned 42%**, underscoring investor demand for exposure to large US equities. Meanwhile, OKX has emerged as one of the largest players in crypto derivatives trading. Data cited by the company shows crypto derivatives trading reached **$18.6 trillion** in the most recent quarter, compared with **$1.9 trillion** in spot trading volume. Ghoos said: “ With X-Perps, we’re extending our proven, high performance derivatives offering into a regulated European framework, giving both institutions and retail traders access at scale. Erald GhoosCEO – OKX Europe ## CoinLaw’s Takeaway In my experience, one of the biggest barriers for crypto traders looking to diversify has been the need to move capital between multiple platforms. I found OKX’s latest expansion notable because it brings **stocks, commodities and crypto exposure together under a regulated framework**, something many exchanges have been trying to achieve. As Europe moves closer to full MiCA implementation, platforms with clear regulatory approval could gain a significant advantage. If demand continues at the pace suggested by OKX’s volume growth figures, regulated multi asset trading may become one of the most important themes in the next phase of the European crypto market. Definition of Cross-Chain. Link to full glossary entry follows the description.**Cross-Chain**Cross-chain is the ability to move data or assets between separate blockchains via bridges, messaging protocols, or interoperability networks. [Read more](https://coinlaw.io/glossary/cross-chain/)