Crypto Exchange Kraken Launches FX Perpetual Futures, Offers 24/7 Trading in Forex Majors
The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro.
Binary trading platforms with better performance and payouts
perpetual contracts
The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro.
Solana’s first crypto perpetuals aggregators service wants to compete with market leader Hyperliquid.
Initially, Kalshi’s feeds will power perpetual futures contracts on decentralized exchanges. Eventually, the centralized betting platform might referee on-chain prediction markets.
The exchange says it has already more than $25 billion in trading volume since inception, with more than $1 million in revenue.
The crypto exchange’s off-shore arm will open perpetuals market for the popular meme coin on April 18.
While notional open interest has surged, the overall leverage build-up is still relatively low.
Base booth at ETHDenver (Danny Nelson/CoinDesk)
The CD20/USDC perpetual futures traded at a premium to the index price early Thursday, indicating a bullish broader market sentiment.
Data tracked by Matrixport show global average perpetual funding rates rose to a record 66% annualized early Monday.