X-Perps Adds AVAX, BCH, ZEC, and TON: Four New MiFID-Regulated Crypto Derivatives Pairs Live on OKX in Europe

TL;DR:

• 4 new X-Perps pairs live since 27 May 2026: AVAX-USD PERP, BCH-USD PERP, ZEC-USD PERP, and TON-USD PERP

• Available to eligible traders in all 30 EEA countries via OKX Europe Markets Ltd ("OEM"), authorised under the Investment Services Act (Chapter 370 of the Laws of Malta) by the MFSA

• Up to 10x leverage, funding rate settled every 8 hours, fixed 5-year cash settlement date

• Multi-asset margin: BTC, ETH, SOL, USDC, USDG, or DOGE

• Existing X-Perps users do not need a new account, additional KYC, or a separate margin pool to trade the new pairs

• Mandatory appropriateness assessment required for new users

AVAX, BCH, ZEC, and TON will be available on X-Perps from [LAUNCH DATE]. All four pairs operate under the same margin engine, fee structure, and settlement rules as the 15 pairs already listed on X-Perps. Existing X-Perps users do not need to create a new account, complete additional KYC, or move funds to a separate margin pool to trade the new pairs.

Avalanche is a blockchain network built for speed. Where older networks like Ethereum can feel slow and expensive during busy periods, Avalanche was designed from the ground up to confirm transactions in under two seconds under normal conditions a claim made by the Avalanche Foundation as of May 2026. To achieve this, Avalanche splits its network into three separate chains, each with a specific job: one handles asset transfers, one runs smart contracts (the self-executing programmes that power DeFi apps and tokens), and one manages the validators who keep the network secure. Developers can also build their own custom mini-networks called subnets on top of Avalanche, which has made it a popular choice for gaming projects and enterprise applications. AVAX is the native token of the Avalanche network, used to pay transaction fees, secure the network through staking, and participate in subnet governance.

Bitcoin Cash is a version of Bitcoin created on 1 August 2017, when a group of developers and miners disagreed with Bitcoin's approach to handling more users. The disagreement was simple: Bitcoin has a cap on how much data can fit in each block of transactions, which limits how many transactions the network can process at once. Bitcoin Cash increased that limit initially from 1 MB to 8 MB to allow more transactions per block at lower fees. The goal was to make BCH function as everyday digital cash: fast to send, cheap to use, and accessible to anyone. Bitcoin Cash uses the same underlying security model as Bitcoin (proof-of-work mining) and shares Bitcoin's original transaction structure. BCH is the native asset of the Bitcoin Cash network, used to pay fees and transfer value.

Zcash is a blockchain network built around financial privacy. Most blockchains including Bitcoin record every transaction publicly, meaning anyone can see how much was sent, by which address, and to whom. Zcash was launched in October 2016 by Electric Coin Company to change that. Zcash uses a cryptographic technique called zk-SNARKs (zero-knowledge proofs) to allow transactions to be verified as legitimate without revealing the sender, recipient, or amount. In practical terms: the network can confirm that a valid transaction occurred without exposing who made it or how much moved. Zcash users can choose between transparent transactions (publicly visible, like Bitcoin) and shielded transactions (private, using the zero-knowledge proof system). ZEC is the native token of the Zcash network, used to pay transaction fees for both transaction types.

Toncoin is the native token of The Open Network, a blockchain originally developed by Telegram before being handed to an independent community the TON Foundation following regulatory proceedings in 2020. The Open Network is designed to scale: its architecture automatically splits the network into smaller pieces as more users join, so transaction speed does not drop as the network grows. The most distinctive feature of The Open Network is its integration with Telegram, one of the world's largest messaging applications. Telegram users can send TON directly to contacts, access crypto wallets, and interact with blockchain applications without leaving the app. As of May 2026, The Open Network is active across payments, DeFi, and digital collectibles, with Telegram's user base cited by the TON Foundation as a primary growth driver. TON is used for transaction fees, staking, and peer-to-peer payments on The Open Network.

X-Perps is offered and operated by OKX Europe Markets Ltd ("OEM") under the Investment Services Act (Chapter 370 of the Laws of Malta). OKX Europe Markets Ltd holds an Investment Services Licence from the Malta Financial Services Authority (MFSA), Licence No. OEML-15905. This licence authorises OKX Europe Markets Ltd to offer crypto derivatives to eligible retail and professional clients across all 30 EEA jurisdictions. All 19 pairs on X-Perps, including the 4 launching on 27 May 2026, are available exclusively through OKX Europe Markets Ltd. Position limits, margin requirements, and risk disclosures for each pair are set in accordance with MiFID Rules and ESMA guidelines. All users must pass a mandatory appropriateness assessment before accessing X-Perps.

X-Perps (Expiry Perps) are leveraged derivatives contracts that allow traders to take a view on whether a crypto asset's price will go up or down without needing to buy or hold the underlying token. Think of it as trading the price movement rather than the asset itself. X-Perps offer up to 10x leverage, meaning a trader can open a position up to 10 times the size of their deposit. That amplifies both potential gains and potential losses.

OKX Europe Markets Ltd ("OEM"), which is authorised and regulated by the Malta Financial Services Authority (MFSA) under the Investment Services Act (Chapter 370 of the Laws of Malta) as a Investment Services Licence Holder (Licence No. OEML-15905).© 2026 OKX. This article may be reproduced or distributed in its entirety, or excerpts of 100 words or less of this article may be used, provided such use is non-commercial. Any reproduction or distribution of the entire article must also prominently state: “This article is © 2026 OKX and is used with permission.”Permitted excerpts must cite to the name of the article and include attribution, for example “Article Name, [author name if applicable], © 2026 OKX. Some content may be generated or assisted by artificial intelligence (AI) tools. No derivative works or other uses of this article are permitted.