Kraken opens $60T crypto perpetuals market for US traders
CRYPTOCURRENCY

Kraken opens $60T crypto perpetuals market for US traders

2 min read

Kraken unveiled CFTC‑regulated perpetual futures for qualifying United States customers on its Kraken Pro exchange on 15 June 2026, granting investors regulated exposure to a high‑volume crypto derivative product.

Launch Overview

The new contracts are listed on Bitnomial, a trading venue overseen by the Commodity Futures Trading Commission. Payward, Kraken’s parent company, secured Bitnomial in a transaction valued at up to $550 million, positioning the platform to support the launch. At inception, traders can access perpetual contracts linked to Bitcoin, Ether, Solana, XRP, and five additional major digital assets.

Product Architecture

All perpetual contracts coexist with spot, margin, and CME‑listed futures within a single Kraken account, simplifying portfolio management for crypto investors. Each contract employs an eight‑hour funding rate, a standard mechanism that aligns the derivative price with the underlying spot market through periodic funding payments. Kraken has indicated plans to broaden the contract roster and introduce more collateral options as the offering matures.

Market Context

Perpetual futures accounted for more than $60 trillion in global trading volume throughout 2025, underscoring their significance in the crypto market. By providing a regulated avenue for U.S. traders, Kraken aims to capture a larger share of this activity and bolster confidence among institutional investors. The integration of these contracts reinforces Kraken’s role in the blockchain ecosystem and expands the toolkit available to crypto participants.