Kraken Prepares CFTC-Regulated Perpetual Futures Launch For US Traders

Summary

Kraken plans to launch the first domestic CFTC-regulated perpetual futures product for US traders, expected within 30 days. The contracts will be listed on Bitnomial, a CFTC-regulated Designated Contract Market owned by Kraken’s parent, Payward, and offered through NinjaTrader Clearing (Kraken Derivatives US), a CFTC-registered FCM. Perpetual futures let traders keep leveraged crypto exposure without an expiration date, using funding payments to track spot prices. Kraken says the product will bring a major offshore-style crypto derivative into a regulated US framework and place perpetuals alongside spot, margin, and CME futures in Kraken Pro. The initial asset list includes BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC, and AVAX. Details on exact launch timing and full US eligibility remain unclear.