We’re excited to announce plans to launch the first CFTC-regulated perpetual futures in the US in the next 30 days.

Eligible US clients will be able to trade perpetual futures on Kraken Pro, giving them domestic access to the contract that drives most global crypto derivatives volume, integrated alongside spot, margin and CME-listed futures on a single interface. 

Perpetual contracts are derivatives that provide continuous exposure to an underlying asset without an expiration date, eliminating the need to roll positions. This enables clients to maintain uninterrupted market exposure with greater flexibility and operational efficiency than traditional futures contracts.

Perpetuals are the most widely traded derivatives in digital asset markets, with annual trading volume reaching over $60 trillion in 2025. 

Until now, US traders have had limited regulated options to access them, with most activity taking place offshore. Today’s announcement sets in motion plans to bring that activity onshore through a CFTC-regulated venue.

Per the filing submitted today, the contracts will be listed on Bitnomial, a CFTC-regulated exchange recently acquired by Kraken’s parent company, Payward.

They feature continuous pricing, no expiration and an eight-hour funding rate, matching the conventional structure for crypto perpetuals, within the same futures wallet as Kraken’s existing CME-listed contracts so traders can manage CME futures and crypto perpetuals positions side by side.  

Eligible clients will be able to trade a suite of major digital assets, including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC and AVAX. Kraken intends to expand the contract set and product functionality, including broader collateral options, over time.

“US traders have been waiting for a regulated, domestic way to trade the product that defines global crypto derivatives markets,” said John Palmer, Global Head of Derivatives at Kraken. “We’re giving them that access alongside the spot and futures markets they already use on Kraken Pro. Perpetuals, spot, margin and CME-listed futures now sit on one interface, and that changes how US clients build and manage crypto positions.”

Today’s news follows a sequence of US product releases over the past year. In July 2025, we launched support for CME-listed crypto futures alongside our spot markets. Earlier this month, we launched CFTC-regulated spot margin trading for eligible US traders. 

Perpetuals are offered on Kraken Pro through NinjaTrader Clearing, LLC dba Kraken Derivatives US, a CFTC-registered Futures Commission Merchant. Kraken spot margin and perpetual futures are offered on and subject to the rules of Bitnomial Exchange, LLC, a CFTC Designated Contract Market (DCM).

NinjaTrader Group, LLC and its affiliated entities provide brokerage, technology, and educational services. Brokerage services are offered through NinjaTrader Clearing, LLC dba Kraken Derivatives US and Tradovate, a Futures Commission Merchant registered with the Commodity Futures Trading Commission (CFTC) and a member of the National Futures Association (NFA ID # 0309379). Trading futures and options involves substantial risk of loss and may not be suitable for all investors. This content is informational only and does not constitute investment advice or a solicitation to buy or sell any financial instruments. Please visit www.ninjatrader.com for additional information and disclosures. © 2026 NinjaTrader Group LLC. All rights reserved. NinjaTrader and the NinjaTrader logo are registered trademarks of the NinjaTrader Group, LLC.

Futures trading involves substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing one’s financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Futures products and services on Kraken are provided by NinjaTrader Clearing LLC dba Kraken Derivatives US, a regulated Futures Commission Merchant that is a member of the National Futures Association (“NFA”) (NFA ID 0309379) and registered with the Commodity Futures Trading Commission (“CFTC”). You should be aware that the NFA does not have regulatory oversight over underlying or spot virtual currency products, transactions, exchanges, custodians or markets. Spot accounts are maintained by Payward Interactive Inc., which is not CFTC registered and is not a member of the NFA.