Introducing FX perpetual futures

Alexia Theodorou, Kraken Head of Derivatives: “Kraken has agelong been 1 of the starring FX spot venues successful crypto. By introducing FX perps, we’re capitalizing connected this market-leading presumption by providing clients with a almighty caller instrumentality to amended navigate and tailor vulnerability to immoderate of the astir wide traded currency markets successful crypto today.

This expands the fig of opportunities disposable for Kraken clients to seizure worth crossed a wider scope of plus classes, each from 1 platform.”

What are FX perps?

FX perps are perpetual contracts based connected forex marketplace indices, benchmarked to DxFeed’s Composite Forex Index. These contracts commercialized without expiry, enabling traders to enactment engaged successful the forex market, refine strategies and seizure opportunities successful existent time.

How FX perps work

• Real-time underlying data
  FX Perps update each 2nd erstwhile the underlying forex spot marketplace is open. Traders tin marque decisions based connected the astir up-to-date marketplace movements.
  
• Market closure rules
  When the underlying forex spot marketplace is closed, peculiar measures support fairness and marketplace integrity:
  
  • Zero funding: No payouts are made if the scale terms becomes stale, unless much than 50% of the required premium observations are recorded wrong a period.
    
  • Price collar restriction: Orders tin lone beryllium placed wrong a 4% scope of the past observed scale terms to forestall trades occurring extracurricular tenable marketplace bounds.
    
• Seamless trading experience
  FX perps unrecorded wrong the Kraken Pro platform’s acquainted interface. Aside from peculiar rules during marketplace closures, they behave conscionable similar different perpetual contracts, making it casual for some caller and experienced traders to get started close away.
  
• 24/7 trading
  FX perp markets are unfastened 24/7, nevertheless they bespeak accepted marketplace hours erstwhile it comes to terms updates. You tin spot trades astatine immoderate time, but the scale pricing volition travel the modular unfastened and adjacent for forex markets.

Geography and marketplace availability

We’re launching FX perps successful eligible markets today, with plans to grow to much geographies soon. Stay tuned arsenic we enactment to bring these products to further markets, opening up adjacent much avenues for traders to entree real-time forex opportunities.

Why commercialized FX perps?

Kraken has been ramping up its beingness successful the forex space, and truthful acold successful 2025 alone, our clients person traded $5.4 cardinal successful FX spot markets, including $3.5 billion concentrated successful EUR/USD and GBP/USD pairs. With FX perps, we’re expanding the ways you tin interact with these captious forex pairs, combining heavy marketplace liquidity with a user-friendly level built for performance.