Kraken launched U.S. perpetual futures this week. The move shifts crypto derivatives trading toward regulated onshore markets. Perpetuals generated over $60 trillion in global volume last year, mostly outside U.S. jurisdiction.
U.S. Perpetuals Now Live
Kraken opened trading for American customers immediately. The contracts operate under CFTC oversight. This puts regulated perpetuals in play for U.S. traders.
Offshore Dominated 2025 Volume
Perpetual futures saw massive global activity last year. The $60 trillion in volume mostly happened offshore. Offshore exchanges handled nearly all of that business.
Onshore Opportunity
Kraken's move targets the offshore market directly. The exchange is bringing perpetuals under U.S. rules. This isn't Kraken's first regulated product this year. U.S. customers can start trading right now.
