Perp DEX and crypto futures in the USA: who allows it

Can you trade crypto perps in the USA? As of the September 25, 2026 source check, 1 of 22 checked venues state a perps service for users in the USA: Coinbase. 19 venues name the USA as a restricted location, and 2 venues limit access. The terms of 0 venues do not name the USA, or did not open.

Each venue row gives the status, the basis and the source, with the date PerpFinder opened the source.

Sources checkedas of 2026-09-25

This page is not legal advice. It repeats what each venue and regulator publish on the checked date. Read the current terms and ask a qualified adviser before you trade.

Venues that state a perps service in the USA

1 venue

CoinbaseAvailable

Coinbase Financial Markets, Inc. (CFTC FCM, NFA member). Coinbase Financial Markets, a CFTC-registered FCM, offers perpetual-style futures to US customers. These contracts have hourly funding and expire after five years.

Exchange · Identity check required

Coinbase Help: US perpetual-style futures overview (checked 2026-09-25) · Coinbase Help: Get started with US Derivatives (checked 2026-09-25) · Coinbase futures and perpetuals page (CFM disclosure) (checked 2026-09-25)

Venues with limits in the USA

2 venues

OKXLimited

OKX Inc. (f/k/a OKCoin USA Inc.). OKX lists certain jurisdictions within the United States and all US territories as Restricted Locations. The OKX US terms for approved states do not describe a perps service.

Exchange · Identity check required · Hyperliquid vs OKX · Binance vs OKX

OKX Risk and Compliance Disclosure, section 3 (Restricted Locations) (checked 2026-09-25) · OKX U.S. Terms of Service (OKX Inc.) (checked 2026-09-25)

KrakenLimited

NinjaTrader Clearing, LLC d/b/a Kraken Derivatives US (CFTC FCM, NFA ID 0309379). Kraken offers perpetual futures to US residents through Kraken Derivatives US, a CFTC-registered FCM. Kraken does not serve residents of Maine and New York, and other states can have limits.

Exchange · Identity check required · Binance vs Kraken

Kraken perpetual futures page (US view) (checked 2026-09-25) · Kraken licence page, with prohibited regions (checked 2026-09-25)

Venues whose terms do not name the USA

0 venues

Every venue in this matrix gives a clear answer here.

Venues that exclude the USA

19 venues

BinanceNot available

Binance names the United States on its List of Prohibited Countries.

Exchange · Identity check required

Binance List of Prohibited Countries (updated 2026-01-05) (checked 2026-09-25)

BybitNot available

Bybit names the United States as an Excluded Jurisdiction.

Exchange · Identity check required

Bybit Service Restricted Countries page (checked 2026-09-23)

BitgetNot available

Bitget names the United States and its territories as Prohibited Countries.

Exchange · Identity check required

Bitget Terms of Use, Prohibited Countries (checked 2026-09-23)

GateNot available

Gate names the United States of America as a Restricted Location.

Exchange · Not stated

Gate User Agreement, clause 2.5 (Restricted Locations) (checked 2026-09-25)

MEXCNot available

MEXC names the United States as a Prohibited Jurisdiction.

Exchange · Not stated

MEXC User Agreement, Prohibited Jurisdiction clause (checked 2026-09-25)

KuCoinNot available

KuCoin names the United States, including its territories, as a Restricted Location.

Exchange · Not stated

KuCoin Terms of Use, Restricted Locations clause (checked 2026-09-25) · US DOJ press release on the KuCoin plea agreement (checked 2026-09-23)

HTXNot available

HTX bars users from the United States of America from all Services.

Exchange · Identity check required

HTX Platform User Agreement, clause 1.2 (Restricted Jurisdictions) (checked 2026-09-25)

BingXNot available

BingX names the United States, including all US territories, as a Restricted Jurisdiction.

Exchange · Identity check required

BingX Disclaimer, Restricted Jurisdictions clause (checked 2026-09-25)

HyperliquidNot available

Hyperliquid names the United States of America as a Restricted Person location.

Perp DEX · No identity check in the interface

Hyperliquid Terms of Use, clause 1.6 (checked 2026-09-23)

AsterNot available

Aster names the United States of America as a Prohibited Jurisdiction.

Perp DEX · Not stated

Aster Terms and Conditions, restricted-jurisdictions clause (checked 2026-09-23)

LighterNot available

Lighter states that its services are not available to persons located in the United States of America.

Perp DEX · No identity check in the interface

Lighter Terms of Service, prohibited-jurisdictions clause (checked 2026-09-23)

edgeXNot available

edgeX names the United States of America as a Blocked Persons location.

Perp DEX · Not stated

edgeX Terms of Use, Blocked Persons and Restricted Territories clauses (checked 2026-09-23)

dYdXNot available

dYdX names the United States as a Restricted Person location for the Perpetuals Trading Software.

Perp DEX · Not stated

dYdX v4 Software Terms of Use, Restricted Persons clause (checked 2026-09-23)

GMXNot available

The terms state that a user must not be a United States person.

Perp DEX · Not stated

GMX terms and conditions (checked 2026-09-23)

Jupiter PerpsNot available

The terms state that Jupiter does not interact with wallets located in or resident in the United States.

Perp DEX · Not stated

Jupiter terms of use (checked 2026-09-23)

ParadexNot available

The restricted-persons page names the United States and its territories as restricted, and bars U.S. persons.

Perp DEX · Not stated

Paradex terms of service (checked 2026-09-23) · Paradex restricted-persons page (checked 2026-09-25)

ExtendedNot available

The restricted-countries page names the United States of America as a restricted territory.

Perp DEX · Not stated

Extended restricted-countries page (checked 2026-09-23)

GRVTNot available

The restricted-jurisdictions article names the United States of America and its territories as banned.

Perp DEX · Not stated

GRVT restricted-jurisdictions article (checked 2026-09-23)

PacificaNot available

The terms name the United States of America among the jurisdictions where the interface is not available.

Perp DEX · Not stated

Pacifica terms of use (checked 2026-09-23)

What the regulator publishes

CFTC: The CFTC says that its foreign board of trade (FBOT) registration applies to non-US exchanges that give persons in the US direct access. This framework includes digital asset markets. CFTC press release 9111-25: FBOT advisory (August 28, 2025) (checked 2026-09-25)

CFTC: On May 29, 2026, the CFTC let a designated contract market (DCM) list a bitcoin perpetual contract as a futures contract. Perpetual contracts on other asset classes get a case-by-case review. CFTC press release 9242-26: policy statement on perpetual contracts (May 29, 2026) (checked 2026-09-25)

CFTC: In 2023, the CFTC charged three DeFi protocol operators for offering leveraged digital asset trading without registration as a DCM, SEF or FCM. CFTC press release 8774-23: orders against three DeFi operators (September 7, 2023) (checked 2026-09-25)

Regulator warnings and actions that name a venue

3 entries

Binance (CFTC, 2023-12-18): A US federal court entered a consent order that concludes the CFTC case against Binance and orders Binance to pay $2.7 billion to the CFTC. CFTC press release 8837-23 (checked 2026-09-25)
Kraken (CFTC, 2021-09-28): The CFTC fined Payward Ventures, Inc. (Kraken) $1.25 million for margined retail digital asset trading without registration as a futures commission merchant. CFTC press release 8433-21 (checked 2026-09-25)
KuCoin (CFTC, 2024-03-26): The CFTC charged the KuCoin operating entities with operating an illegal digital asset derivatives exchange without CFTC registration. CFTC press release 8884-24 (checked 2026-09-25)

Other jurisdictions

Questions

Which perp venues state a service in the USA?

Coinbase. Each one names a local company or a register entry. Check the current terms before you open an account.

Which venues name the USA as a restricted location?

Binance, Bybit, Bitget, Gate, MEXC, KuCoin, HTX, BingX, Hyperliquid, Aster, Lighter, edgeX, dYdX, GMX, Jupiter Perps, Paradex, Extended, GRVT, Pacifica

Is this page legal advice?

This page is not legal advice. It repeats what each venue and regulator publish on the checked date. Read the current terms and ask a qualified adviser before you trade.

Cite this data

Use the page address and the check date. Each venue row names its own source and the date PerpFinder opened it. Venue terms can change after that date.

PerpFinder. "Perp DEX and crypto futures in the USA: who allows it." Sources checked 2026-09-25. https://perpfinder.com/perps-by-country/us

Independent Site: PerpFinder is not the venues covered on this page and is not affiliated with, endorsed by, or operated by the venues it covers. We do not connect wallets, process deposits, distribute tokens, or verify reward eligibility. Never share a password, seed phrase, or private key with anyone.

Risk Warning: Trading perpetual futures involves substantial risk of loss and is not suitable for all investors. Past performance does not guarantee future results. Only trade with funds you can afford to lose.