We are excited to announce our plans to launch the first CFTC-regulated perpetual futures contracts in the United States within the next 30 days.
Eligible US customers will be able to trade perpetual futures on Kraken Pro, giving them domestic access to the contract that generates most of the world’s crypto derivatives volumes, integrated with spot, margin and CME-listed futures on a single interface.
Perpetual contracts are derivatives that provide ongoing exposure to an underlying asset without an expiration date, eliminating the need to roll over positions. This allows clients to maintain uninterrupted market exposure with greater flexibility and operational efficiency than traditional futures contracts.
Perpetuals are the most traded derivatives in digital asset markets, with annual trading volume reaching over $60 trillion in 2025.
Until now, U.S. traders have had limited regulated options for access, with most of their activities taking place overseas. Today’s announcement sets in motion plans to bring this activity onshore via a CFTC-regulated venue.
According to 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 of crypto perpetuals, in the same futures portfolio as Kraken’s existing CME-listed contracts so traders can manage CME futures and crypto perpetual positions side by side.
Eligible customers 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 package and product features, including broader warranty options, over time.
“US traders have been waiting for a nationally regulated way to trade the product that defines the global crypto derivatives markets,” said John Palmer, global head of derivatives at Kraken. “We’re giving them that access to the spot and futures markets that they already use on Kraken Pro. Perpetual, spot, margined, and CME-listed futures now sit on a single interface, changing the way U.S. clients build and manage their crypto positions.”
Today’s news follows a streak of product launches in the United States 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 contracts are offered on and subject to the rules of the Bitnomial Exchange, LLC, a CFTC-designated contract marketplace (DCM).
NinjaTrader Group, LLC and its affiliated entities provide brokerage, technology and education services. Brokerage services are offered by 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 significant risk of loss and may not be suitable for all investors. This content is for informational purposes 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 NinjaTrader Group, LLC.
Futures trading involves significant risks and is not suitable for all investors. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without compromising a person’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. Kraken futures products and services 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 exercise regulatory oversight over any underlying or spot virtual currency products, transactions, exchanges, custodians, or markets. Spot Accounts are managed by Payward Interactive Inc., which is not registered with the CFTC and is not a member of the NFA.
