Crypto exchange Kraken has launched FX perpetual futures (FX perps) on its Kraken Pro platform, introducing real-time trading for EUR/USD and GBP/USD pairs with up to 20x leverage. These instruments, pegged to Dxfeed’s Composite Forex Index, offer continuous trading without expiration and function like traditional crypto perpetuals but are tailored for forex. Kraken aims to leverage its established position in FX spot trading, where it processed $5.4 billion in 2025 to date, by providing seamless access to global currency markets. FX perps update pricing in real-time during forex market hours and follow strict rules, such as zero funding and a 4% price collar, to maintain market fairness when forex markets close. Trading remains available 24/7, although index prices adhere to standard forex hours. Initially launched in select regions, Kraken plans to broaden access globally. Alexia Theodorou highlighted this as a strategic move to diversify asset exposure. These products are now live and tradeable.
Kraken Launches FX Perpetual Futures With 20x Leverage on EUR, GBP Pairs
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