Kraken has introduced perpetual futures trading for eligible US customers through its Kraken Pro platform, utilizing the Bitnomial exchange acquired earlier this year.
Contracts cover Bitcoin, Ether, Solana, XRP, Cardano, Chainlink, Dogecoin, Litecoin, and Avalanche. These new products share a futures wallet with Kraken’s existing CME-listed crypto futures, simplifying account management.
Perpetual futures generated over $60 trillion in global volume in 2025, predominantly on offshore platforms. The launch marks Kraken’s latest domestic expansion following its CME futures and margin trading rollouts.
The move places Kraken in direct competition with Kalshi, which launched a CFTC-approved Bitcoin perpetual contract on May 29, and Coinbase, which announced institutional access to global perpetual futures the same day.
CFTC Chair Michael Selig has signaled the agency will support novel derivatives under existing authority, aiming to move activity from offshore venues to regulated US markets.
