OKX adds Magnificent 7 stocks and commodities to European X Perps offering
OKX has expanded its X-Perps offering in Europe with 13 new markets, adding futures linked to major U.S. technology stocks, commodities, and stock indices after reporting a 447% rise in X-Perps trading volume since May 1.
According to a press release shared with cryptonews, retail users across Europe can now trade perpetual futures tied to Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla, alongside Gold, Silver, WTI Crude Oil and Brent Crude Oil. The exchange has also introduced SPY and QQQ X-Perps, providing price exposure to the S&P 500 and Nasdaq-100 through a regulated platform available to European customers.
Set to expand further, the product lineup will include a SpaceX-linked X-Perp on June 12 following the company’s IPO, according to the exchange. All contracts are available around the clock and support leverage of up to 10x. Erald Ghoos, CEO of OKX Europe, said European investors closely follow earnings reports, central bank decisions, commodity prices and geopolitical developments but have lacked practical ways to react immediately through a single platform.