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Kraken adds S&P 500 to funded trading program

Created at 12 Aug · 7:06 PM1 source↑ Market-relevant
IN SHORT

Crypto exchange Kraken has added an S&P 500 perpetual product to its proprietary trading program, offering traders round-the-clock exposure to the US equity benchmark. Commodities are planned for future inclusion.

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Key Numbers

5xleverage for S&P 500 trading
$1 millionmaximum notional exposure
$20starting price for evaluation plans
$5,000 to $200,000funded account sizes
110+countries for tokenized shares

Who's Involved

Kraken
Crypto exchange adding S&P 500 to funded trading program

↳ Why This Matters

Kraken's expansion into traditional market indices like the S&P 500 and its plans to include commodities signal a growing trend of crypto exchanges broadening their product offerings to attract a wider range of investors and traders interested in multi-asset exposure.

Key facts

  • Kraken has introduced an S&P 500 perpetual product to its funded trading program.
  • This product provides continuous access to the US equity benchmark.
  • It is designed as a perpetual contract, avoiding expiration or rollover.
  • The S&P 500 is the second traditional market index offered, following the Nasdaq 100.
  • Kraken intends to integrate commodity markets into its multi-asset offering.
  • Traders can utilize up to 5x leverage with a $1 million maximum notional exposure.

US-based cryptocurrency exchange Kraken has expanded its proprietary trading program by adding an S&P 500 perpetual product. This move grants funded traders continuous access to the US equity benchmark, structured as a perpetual contract rather than a traditional futures contract, thus eliminating expiration dates and rollover requirements.

The S&P 500 now joins the Nasdaq 100 as the second major US equity index available on Kraken Prop. The exchange also announced plans to incorporate commodities into its offerings as part of a broader strategy to build out a multi-asset trading platform.

Traders using Kraken Prop can access the S&P 500 market with leverage of up to 5x and a maximum notional exposure of $1 million. The program allows participants to purchase an evaluation, and upon meeting specific requirements, qualify to trade with capital provided by Kraken. Evaluation plans begin at $20, with funded account sizes ranging from $5,000 to $200,000.

This development follows Kraken's recent initiative in July to provide retail investors with access to an initial public offering, offering direct share allocations in the US and tokenized shares in over 110 countries, signaling its ongoing expansion into traditional financial products.

Frequently asked questions

Kraken Prop is Kraken's proprietary trading program that allows traders to purchase an evaluation and, if successful, trade with capital provided by Kraken.

A perpetual product is a type of derivative contract, often used in crypto trading, that does not have an expiration date or a settlement date, allowing for continuous trading.

Traders can access the S&P 500 market with up to 5x leverage.

What Happens Next

01Kraken plans to add commodities to its multi-asset rollout.
02Kraken will continue to expand its traditional financial product offerings.

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Cadence
CME Headlines
  • Product Modification Summary: Amendments to the Strike Price Listing Schedule for all Hourly Event Contract Swaps on Ether — Effective August 10, 2026
    6 Aug · 7:45 PM

How It Developed

Kraken added an S&P 500 perpetual product to its proprietary trading program.
The product offers traders round-the-clock exposure to the US equity benchmark.
It is structured as a perpetual priced off an index oracle, not a futures contract.
The S&P 500 joins the Nasdaq 100 as the second traditional market on Kraken Prop.
Kraken plans to add commodities as part of a broader multi-asset rollout.
Traders can access the S&P 500 market with up to 5x leverage and a maximum notional exposure of $1 million.
Kraken Prop allows traders to purchase an evaluation and qualify to trade with Kraken capital.
Evaluation plans start at $20, with funded account sizes ranging from $5,000 to $200,000.

Sources

T1
Kraken adds S&P 500 to funded trading program, commodities to followKraken’s funded trading program adds round-the-clock exposure to the US equity benchmark as it builds out its multi-asset offering.Cointelegraph

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