- The exchange plans to expand its FX futures lineup over time, including commission-free U.S. stock and ETF trading.
- Kraken posted strong FX spot trading activity in 2025, with $5.4 billion in volume so far.
Crypto exchange Kraken introduced FX perpetual futures, offering around-the-clock exposure to major fiat currency pairs on a platform once reserved for digital assets.
The launch marks a significant step as crypto exchanges continue to push into traditional financial markets. The new offering begins with EUR/USD and GBP/USD perpetual futures, which are now live on Kraken Pro.
Unlike traditional forex contracts that operate during limited market hours and settle on expiry, these perpetual futures mimic the structure of crypto derivatives, with no expiry and 24/7 availability. Kraken now plans to expand the FX futures lineup over time.
The exchange also aims to capture growing demand among institutional and professional traders seeking a unified interface for both digital and fiat markets.
With the new FX perpetual, Kraken builds on its broader strategy to support a multi-asset trading experience. Earlier this year, the platform also introduced commission-free U.S. stock and ETF trading.
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Designed For The Multi-Asset Trader
Alexia Theodorou, Kraken Head of Derivatives, commented: “Kraken has long been one of the leading FX spot venues in crypto. By introducing FX perps, we’re capitalizing on this market-leading position by providing clients with a powerful new tool to better navigate and tailor exposure to some of the most widely traded currency markets in crypto today.”
“This expands the number of opportunities available for Kraken clients to capture value across a wider range of asset classes, all from one platform.”
So far in 2025, Kraken clients have reportedly traded $5.4 billion in FX spot volume, with EUR/USD and GBP/USD accounting for a combined $3.5 billion. The introduction of perpetual futures gives these users a new tool for hedging or speculating on macroeconomic trends without relying on the traditional banking infrastructure.
Beyond trading, Kraken continues to broaden its footprint in payments. Earlier this month, Mastercard announced a partnership enabling Kraken users in the U.K. and Europe to spend digital assets across 150 million merchants worldwide.
