Introducing Kraken Perps: A new way to trade where prices may go next

I look forward to launching something new with the Kraken app. Next In the crypto market, this may be for you.

Today I’m launching Kraken Perps (short for Kraken Perpetuals), Available in some areas Targeted clients all over the world. These provide an easy and flexible way to trade where prices seem to be heading, without the need to own the underlying assets directly from the Kraken app.

While trading for Perpetual Futures was already available via Kraken Pro, the launch of Kraken Perps represents a step forward in making this experience more accessible and intuitive to everyday investors.

What is a Permanent Contract (PERP)?

Have you ever wagered with a friend at the start of the sports season about who will win the championship? This is similar to how a permanent contract works. He has high convictions on future outcomes in the crypto market.

for example:

• “I think Bitcoin will skyrocket in the coming months.”
• “Ethereum prices could fall after the next upgrade.”
• “I think Solana prices are about to take off as Memecoins are back.”

and Kraken perpsyou can act on these predictions. Perps is a trading product designed to allow you to speculate on future price movements (up and down) without owning the assets involved. Unlike bets with your friends, there is no expiration date or lock-in period, so you can hold your position as long as you wish. You also have the freedom to adjust the size of your position if you have more convictions over time or if you want to cash out at any time.

What is needed is to fund trade with assets from Kraken balance (called collateral) to open positions. USD will be supported at launch and will soon increase the assets that will continue.

Next, choose “Increase” or “Decrease” depending on how you want the asset to be priced. that’s it.

Real world examples

Instead of buying BTC on the Kraken Spot Market, let’s say you believe Bitcoin is underrated. Going long For BTC’s permanent contracts and profits, if it is correct to predict prices to rise.

Alternatively, you might think that certain tokens are exaggerated and ready to fall in prices. In that case, you can go short – and profit if BTC drops to prices.

Of course, things change over time. If you feel confident in your view, you can increase the size of your position. If you feel unsure, you can take money from the table.

Kraken Perps is more than just a transaction. They provide new ways to express your views, manage risks, and build strategies into your portfolio.

Why is PERPS important?

Forever has long been popular with senior traders, but they often feel out of reach of everyday investors.

Kraken Perps is changing that. It is designed to be intuitive and approachable with a clean interface, simple language and useful features. Kraken Perps allows you to trade with less complexity and confidence.

Safety comes first

We built Kraken Perps at the core with security, transparency and education. Like all trades, Perps has risks – and they are not designed for everyone. But with the right tools and information, they can become a powerful part of your investment toolkit.

To help you manage your risk, Kraken Perps includes built-in protection, such as customizable stop loss orders. This automatically limits the downsides if the market moves in the opposite way to your forecasting method.

Additionally, we deploy a set of educational resources that will help you understand how PERPS works and how to use them responsibly.

Exchange the future with Kraken Perps

Kraken Perps has gone live for eligible clients. We will continue to provide you with the right tools you need to expand your access, improve your experience, and trade the market effectively.

Perps is not about becoming a day trader. They are about having more ways to express your views in the market, manage risk, and have the right tools to add an extra strategic layer to your portfolio.

Transaction derivatives and other financial instruments, including revalled financial instruments, contain significant risks and are not suitable for all investors. See us Risk disclosure For more information.