Kraken Plans CFTC-Regulated Perpetual Futures for US Professional Traders

Kraken plans to launch CFTC-regulated perpetual futures for eligible US professional traders through Bitnomial, the derivatives exchange it acquired. The exchange announced the products will be integrated into Kraken Pro alongside spot, margin, and CME-listed futures access. The move addresses a gap in the US market, where regulatory constraints have limited domestic access to perpetual-style products that dominate offshore crypto trading volume.

Kraken Announces CFTC-Regulated Perpetual Futures Through Bitnomial

Kraken said the contracts will be listed through Bitnomial, giving the product a regulated derivatives framework in the US. The exchange described the offering as featuring continuous pricing, no expiration, and an eight-hour funding rate. The products are expected to be integrated into Kraken Pro alongside spot, margin, and CME-listed futures access.

Access will be limited to eligible US professional traders. The exchange framed the product around this user base, using a CFTC-regulated venue structure. The regulatory wrapper provides a domestic framework for a product type that has been difficult for US platforms to offer under existing constraints.

Product Features Eight-Hour Funding Rate and Continuous Pricing

The contracts are designed with continuous pricing, no expiration date, and an eight-hour funding rate. Perpetual futures allow traders to take long or short exposure without an expiry date, using funding payments to keep the contract price close to the underlying spot market.

Outside the US, perpetuals are a major part of crypto market structure. They drive leverage, liquidity, volatility, and price discovery across Bitcoin, Ethereum, and altcoins. Regulatory constraints have made it harder for domestic platforms to offer perpetual-style products in the same way offshore exchanges do.

Kraken plans to integrate the contracts into Kraken Pro, allowing traders to manage spot, margin, futures, and derivatives exposure within a unified interface.

FAQ

What did Kraken announce about perpetual futures?

Kraken announced plans to launch CFTC-regulated perpetual futures for eligible US professional traders through Bitnomial, the derivatives exchange it acquired. The products will be integrated into Kraken Pro alongside spot, margin, and CME-listed futures access.

How are the perpetual futures contracts structured?

The contracts feature continuous pricing, no expiration date, and an eight-hour funding rate. They will be listed through Bitnomial under a CFTC-regulated derivatives framework, with access limited to eligible US professional traders.