Kraken launches CFTC-regulated perpetual futures for US traders - Cryptopolitan

Crypto Insight Summary: * Kraken launched CFTC-regulated perpetual futures for eligible US traders today, listing contracts on Bitnomial, a regulated exchange owned by Kraken’s parent company Payward. * The move brings more perpetual futures products under US regulatory oversight at a time when the CFTC has started to clear the way for more domestic platforms to offer perpetual futures. * Perpetual futures are the crypto market’s dominant derivatives product, topping $60 trillion in global volume last year. **Popular crypto exchange Kraken has on Monday launched perpetual futures trading to eligible US users through Kraken Pro. The exchange will route the contracts through its recently acquired Bitnomial exchange, with full CFTC regulation.** The newly launched product helps to fulfill a deficit that has kept most U.S. traders on the sidelines of the global perpetual futures market. According to the exchange’s announcement, that market exceeded $60 trillion in trading volume in 2025, with the vast majority of activity running through offshore platforms beyond the reach of the U.S. Perpetual futures allow traders to take leveraged long or short positions on an asset’s price without a specific expiration date. Perp positions continue to remain open as long as margin requirements are met. Kraken plans to use a funding rate that resets every eight hours, particularly at 7 p.m., 3 a.m., and 11 a.m. Crypto Insight Analysis: Direction: Bullish KRAKEN Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Kraken's regulated futures launch expands US market access, boosting platform liquidity and market share.