Kraken Derivatives has made a major move into the forex space with the launch of forex perpetual futures on its Kraken Pro platform. This new offering allows users to trade major currency pairs—such as EUR/USD and GBP/USD—with leverage up to 20x and no expiration date.
These perpetual contracts are designed to mimic real-time price movements in traditional forex markets, giving traders continuous exposure without the need to roll over contracts. This innovation taps into Kraken’s strong reputation in the crypto trading world and signals a strategic expansion into traditional financial instruments.
Alexia Theodorou, Kraken’s Head of Derivatives, stated that the move leverages Kraken’s deep liquidity and market infrastructure to deliver new opportunities to global traders. The offering aligns with a growing trend of crypto-native platforms bridging into traditional finance, providing more tools for users under one roof.
With increasing demand for high-leverage, flexible instruments, Kraken’s FX perps are set to attract both crypto and forex enthusiasts looking for efficient cross-market trading strategies.
