According to Svmuu, Kraken announced that its Kraken Pro platform has increased the maximum leverage for Bitcoin and Ethereum perpetual swaps from 50x to 100x. This applies to two USD cash-settled perpetual contracts, PF_XBTUSD and PF_ETHUSD, which continue to support 24/7 trading.
Per the announcement, the 100x leverage is now available to international users in eligible regions. No account migration or additional application is required; existing Kraken Pro contract users can access it directly. The leverage mechanism adopts a tiered model: for BTC contracts, up to 100x leverage is available on the first $1 million in notional position size, with automatic reduction to lower leverage tiers for amounts exceeding that threshold. For ETH contracts, the maximum 100x leverage applies to the first $500,000 in notional position size. The platform emphasized that the leverage adjustment is not a "one-size-fits-all" switch, but rather a dynamic tiered calculation based on increasing position size.