The financial product has been approved under the Markets in Financial Instruments Directive (MiFID) to operate in 30 countries. The cumulative transfer volume of the TRON network exceeded $26 trillion, spanning more than 382 million user accounts. The ecosystem hosts approximately $90 billion in stablecoins, where USDT represents nearly 98% of that total.
TRON DAO and OKX Europe Markets Ltd announced the regulatory launch of TRXUSD X-Perps. The regulated derivative, tied to the native token $TRX, is already available to investors across the European Economic Area (EEA).
Thanks to the new instrument, trading participants can speculate on $TRX price movements without directly acquiring or storing the token. Per TRON DAO, users can take market positions while leaving the asset itself comfortably absent from their wallets.
The vehicle offers structured leverage of up to 10x for capital management. Market reports suggest this setup could elevate the profit and loss potential for traders in the European environment — in either direction.
The contract carries a fixed five-year expiration and is executed through cash settlements. A periodic funding mechanism balances long and short positions, keeping the derivative from drifting too far from the underlying asset's price.
Infrastructure and TRON Metrics
At the time of publication, the token was trading near $0.34, down 1.41% over the past 24 hours. Daily trading volume rose 25% to reach $782 million in the same window.
Total market capitalization for $TRX stood at approximately $32 billion. Operational figures from the organization put the network at an estimated 10 million daily transactions, with total value locked (TVL) on the TRON blockchain exceeding $29 billion.
DeFiLlama data shows the protocol is one of the main settlement environments for Tether, hosting the majority of said supply — a fact that surprises no one familiar with the chain.
Founder Justin Sun stated that expanding derivatives exposure in Europe represents a milestone in the ecosystem's maturity. He added that community users now have alternative access routes under trading platforms that comply with local legal standards.
Implementation will continue to be monitored under EEA financial guidelines during the current commercial cycle.
Mentioned Coins
Share Article
Quick Info
Disclaimer: This content is for information and entertainment purposes only. It does not constitute financial, investment, legal, or tax advice. Always do your own research and consult with qualified professionals before making any financial decisions.
See our Terms of Service, Privacy Policy, and Editorial Policy.