Kraken has announced the launch of perpetual contract trading, expanding its product offerings as it gears up for a potential public listing in early 2026. The new trading option will be available starting Thursday in select regions for eligible clients. Perpetual contracts, a type of futures contract, allow traders to make high-certainty bets on future market events. The exchange emphasizes the inclusion of several safeguards in its perpetual contracts, such as a stop-loss feature designed to limit potential losses if market conditions turn unfavorable. Initially, traders can use their Kraken USD balance as collateral, with plans to support additional assets in the future.