Overview

• Kraken Perps is live for eligible clients in select regions with a phased expansion planned.
• The product covers more than 300 assets and offers perpetual contracts with no expiry for long or short positions.
• USD is the initial collateral at launch, with additional collateral types expected later.
• Perps is integrated into the main Kraken app and includes risk controls such as customizable stop-loss orders, with educational resources rolling out.
• The debut follows the EU expansion of xStocks and earlier FX perps, with reporters linking these launches to Kraken’s growth push ahead of a potential 2026 IPO as perps trading hit about $515 billion in August.