USDS (USDS) derivatives are not available to trade on Kraken. You can still trade over 95 other perpetual derivatives with some of the lowest fees in the industry by signing up for a free account.
Whether you’re looking for a seamless, flexible user experience or performant API trading, Kraken derivatives offers a wide range of products on a robust, low latency, high-performance trading platform.
Why trade USDS derivatives?
USDS derivatives are an agreement between two counterparties to buy and sell a specific amount of USDS at a specific future USDS price on a specific date and time
They allow you to gain exposure to USDS without ever having to own it
Individuals and organizations that do own USDS can use derivatives to hedge exposure against market movements
The Kraken Derivatives multi-collateral advantage
Gain exposure to a wide range of assets without owning them outright. With a variety of collateral options, you have flexibility when opening new positions or maintaining existing positions. And no matter what crypto you trade, you can choose to convert any profits into a currency of your choice.
Introducing the Multi-Collateral Derivatives wallet
The multi-collateral wallet allows you to use a variety of collateral types to manage all of your positions, without needing to move funds around. For example, you can open a position on USDS/USD, use USDT as collateral and convert any profits to USDS.
Kraken derivatives offers leverage, allowing you to amplify your buying or selling power.
Flexibility in risk management
New margin mode functionality allows you to trade using isolated margin to limit your downside per contract, or use cross margin to utilize all of your collateral across all positions.
Trade a range of currency pairs
Gain exposure to a variety of pairs using your multi-collateral derivatives wallet with 9 different collateral options.
Hedge volatility with Kraken Derivatives
Use derivatives to hedge against spot market volatility – no matter which way the underlying market moves.
Unlock advanced crypto trading with Kraken Pro
Trade spot, margin, derivatives and staking all in one place.
A crypto derivatives contract is an agreement between a buyer and a seller that represents opposite views on the future value of a cryptocurrency. Traders use derivatives to take a view on future price changes of a digital currency by taking long or short positions.
USDS derivatives contracts track the spot market price of USDS, allowing traders to gain market exposure to the USDS price without having to hold the underlying digital asset.
Individual traders and institutional investors who hold USDS can use crypto derivatives to hedge against spot price fluctuations and safeguard against volatile price swings.
How to buy USDS derivatives?
USDS derivatives are not supported on Kraken at this time. You can still create an Intermediate or Pro verified Kraken account to start trading 95+ other derivatives on Kraken Derivatives today. Open the Kraken Derivatives platform, transfer funds to your derivatives wallet, and submit a Buy/Long or Sell/Short order depending on your view of the market.
Note: Kraken Derivarives is currently not available to clients in the US and other countries. Check your eligibility here.
How to go long on USDS using derivatives contracts?
Traders can “go long” on USDS using derivatives contracts when they believe the price of the underlying asset will increase. The strategy is to buy low, then sell when the price moves up.
To open a long derivatives position with supported assets on Kraken Derivatives:
Transfer funds to Kraken Derivatives, then fund your derivatives wallet with your choice of fiat, stablecoins and/or crypto to collateralize your position.
Return to the trading page and select Buy/Long from the market selector. Set the parameters of your trade (e.g., limit price, quantity).
Click the “Place Buy Order” button in the order form.
How to go short on USDS using derivatives contracts?
Traders can “go short” on USDS using derivatives contracts when they believe the price of the underlying asset will decrease. Their strategy is to sell high, then buy when the price moves down.
To open a short derivatives position with supported assets on Kraken Derivatives:
Transfer funds to Kraken Derivatives, then fund your derivatives wallet with your choice of fiat, stablecoins and/or crypto to collateralize your position.
Return to the trading page and select Sell/Short from the order form. Set the parameters of your trade (e.g., limit price, quantity).
Click the “Place Sell Order” button in the order form.
Keep sailing the high seas of success! What’s next?
Trading derivatives and other instruments using leverage involves an element of risk and may not be suitable for everyone. Read Kraken’s risk disclosure to learn more.
Leveraged derivatives are complex instruments and entail a high risk of losing money rapidly due to leverage. Between 74% and 89% of retail investor accounts lose money when trading leveraged derivatives. You should consider whether you understand how leveraged derivatives work and whether you can afford to take the high risk of losing your money