Kraken launches EUR/USD and GBP/USD Forex perpetual contracts

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SoSo Daily May 2 | Bitcoin Spot ETF saw a total net inflow of 422.45M USD yesterday, with only Ark Invest and 21Shares's ETF ARKB achieving a net outflow

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Apr 18, 2025

Wu reported that Kraken announced the launch of EUR/USD and GBP/USD perpetual contracts (FX perps) on Kraken Pro, supporting up to 20 times leverage, with more currency pairs to be added later. The contracts are based on DxFeed's comprehensive forex index, have no settlement date, and support 24/7 trading, but price updates follow traditional forex market hours. During market closures, mechanisms such as zero funding rates and a 4% price limit band will be implemented to maintain fair pricing.

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