Today, we are delighted to introduce a class of assets that brings the largest financial markets in the world to Kraken derivatives – FX FUTS Perpetus (FX Perps).
The first two perps launched at 20x lever are EUR / USD And GBP / USDWith more Forex pairs on the way soon. This offer offers you the same seamless and intuitive trading experience to which you are used to our 300+ crypto perpetuates within Kraken Pro.
Alexia Theodorou, Kraken Derivatives: “Kraken has long been one of the main FX SPOT sites in Crypto.
This widens the number of opportunities available for Kraken customers to capture the value in a larger range of asset classes, all from a single platform. »»
What are FX Perps?
FX Perps are perpetual contracts based on the indices of the Forex market, compassed to the Forex Composite index of DXFED. These contracts are negotiated without expiration, allowing traders to remain engaged in the Forex market, to refine strategies and to capture opportunities in real time.
How FX Perps work
- Underlying data in real time
FX Perps updates every second when the underlying Forex points market is open. Traders can make decisions based on the most recent market movements. - Market closure rules
When the underlying Forex sidewalk market is closed, special measures maintain equity and market integrity:- Zero financing: No payment is made if the price of the index becomes expired, unless more than 50% of the required premium observations are recorded within a period.
- Restriction of the price necklace: Orders can only be placed in a range of 4% of the last price of the index observed to prevent transactions that occur outside the limits of the reasonable market.
- Seamless trading experience
FX Perps Vive in the familiar interface of the Kraken Pro platform. Aside from the special rules during market closures, they behave like other perpetual contracts, which facilitates new and experienced traders to start immediately. - 24/7 trading
The FX Perm markets are open 24/7, but they reflect traditional market hours with regard to prices updates. You can place transactions at any time, but the pricing of the index will follow the standard opening and closing for the Forex markets.
Geography and market availability
We are launching FX Perps on the eligible markets today, with plans to soon extend to more geographies. Stay listening while we work to bring these products to additional markets, opening even more ways so that traders have access to Forex opportunities in real time.
Why exchange FX Perps?
Kraken has increased his presence in the Forex space, and so far in 2025, our customers have exchanged $ 5.4 billion in the FX SPOT marketsincluding $ 3.5 billion Concentrated in EUR / USD and GBP / USD pairs. With FX Perps, we widen the ways you can interact with these critical Forex pairs, combining deep market liquidity with a friendly platform designed for performance.
