The crypto exchange Kraken exchange has officially launched perpetual futures trading for US customers.

The CFTC-regulated offering gives eligible American clients access on Kraken Pro alongside spot, margin and CME-listed futures.

Perpetual futures allow traders to hold leveraged long or short crypto exposure indefinitely, with significant global volume exceeding $60 trillion a year last year.

“Until now, US traders have had limited regulated options to access them, with most activity taking place offshore. Today’s launch brings that activity onshore through a CFTC-regulated venue…

We intend to expand the contract set and product functionality, including broader collateral options, over time.”

At launch, eligible clients can trade a suite of major digital assets, including BTC, ETH, SOL, XRP, ADA, LINK, DOGE, LTC and AVAX.

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