Kraken Pro to Launch First CFTC-Regulated Perpetual Futures in the US

The U.S. cryptocurrency market is bracing for a significant shift as Kraken prepares to bring a high-demand derivative product onshore. Within the next 30 days, Kraken Pro will debut the first-ever perpetual futures contracts regulated by the Commodity Futures Trading Commission (CFTC). This move offers eligible American traders a compliant way to engage with the world’s most popular crypto derivatives under robust regulatory oversight.

Bridging the Regulatory Gap

This groundbreaking launch moves crypto derivatives from the shadows of offshore platforms into a governed domestic environment. The contracts will be listed on Bitnomial Exchange, a CFTC-regulated Designated Contract Market (DCM) acquired by Kraken’s parent company, Payward. Eligible U.S. clients will access these perpetuals via NinjaTrader Clearing, a CFTC-registered Futures Commission Merchant (FCM). By integrating these products into Kraken Pro, the exchange allows users to manage spot, margin, and futures positions for major assets—including Bitcoin, Ethereum, Solana, and XRP—from a single, streamlined interface.

A $60 Trillion Market Comes Onshore

Perpetual futures have long dominated global crypto trading, with annual volumes reaching a staggering $60 trillion in 2025. Historically, American traders seeking continuous leveraged exposure without fixed expiration dates were forced to rely on offshore exchanges. Kraken’s initiative fundamentally changes this dynamic, providing a fully regulated onshore alternative. This development signals a significant maturation of the domestic market, bringing sophisticated financial instruments into the established regulatory guardrails of the United States.