OKX Lists TRXUSD Expiry Perps (X-Perp), Offering MiFID-Compliant Derivative Access to TRX
OKX Europe has listed TRXUSD Expiry Perpetuals (X-Perps), a MiFID-compliant crypto derivative product allowing regulated trading of TRON’s native token (TRX) with up to 10x leverage across 30 EEA jurisdictions. The move expands compliant market access for TRON, which processes over $26 trillion in cumulative transfer volume and supports over 382 million user accounts globally.
OKX Europe Markets Ltd. (OKX Europe) announced the listing of TRXUSD Expiry Perpetuals (X-Perps), a regulated crypto derivatives product for TRON’s native token (TRX). Available to eligible retail and institutional traders across the European Economic Area (EEA), the product offers perpetual-style trading with a fixed five-year cash settlement date, up to 10x leverage, and alignment to spot market pricing via a funding rate mechanism. This listing marks OKX Europe’s continued expansion of compliant digital asset offerings in Europe, enhancing access and transparency for traders in the region. TRON DAO, the community-governed blockchain organization, highlighted the significance of regulated derivatives access for European markets. Justin Sun, Founder of TRON, noted that the launch provides European users with compliant trading options on the TRON blockchain, reinforcing its role as a global settlement layer for stablecoin transactions. TRON processes over $26 trillion in cumulative transfer volume, supports over 382 million user accounts, and averages 10 million daily transactions, with a total value locked (TVL) exceeding $29 billion. The TRON blockchain, launched in May 2018, remains one of the world’s largest public blockchain networks by user activity and stablecoin settlement volume. USDT on TRON (TRC20) has historically been among the most widely used stablecoins globally, with a circulating supply exceeding $89 billion. The network facilitates payments, DeFi applications, and digital asset settlements, positioning itself as a key infrastructure for decentralized finance and blockchain-based financial services. The TRXUSD X-Perp product is subject to local laws and platform eligibility requirements across the 30 EEA jurisdictions where it is available. This initiative aligns with growing demand for compliant digital asset products in Europe, further integrating TRON’s ecosystem into regulated financial markets. OKX Europe’s listing underscores the exchange’s commitment to providing transparent and compliant market infrastructure for European traders.
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