Kraken Launches Perpetual Contracts to Enhance Retail Trading
- Kraken has introduced Kraken Perps, allowing clients to speculate on crypto prices without owning the assets.
- These perpetual contracts do not expire, enabling traders to hold positions indefinitely.
- The feature is integrated into Kraken’s main app and supports USD collateral with customizable stop-loss orders.
- In addition, Kraken expanded its tokenized equities product, xStocks, now offering over 60 U.S. equities and ETFs across the EU.
- xStocks has achieved a trading volume of over $3.5 billion since its international launch earlier this year.
The launch of derivative trading tools like Kraken Perps aims to make trading more accessible for retail investors while emphasizing the associated risks.
With xStocks’ trading volume exceeding $3.5 billion, Kraken continues to strengthen its position in both traditional finance and blockchain sectors through innovative products.(Source)
