Kraken applies an initial 20-millisecond Maker Protection hold to liquidity-taking orders on selected futures markets to give resting orders time to react.

The venues where digital assets trade, from Coinbase and Binance to decentralized protocols, with their listings, licenses, custody and failures.

Futures, options, and perpetual swaps tied to digital-asset prices, letting traders hedge or lever positions and often dwarfing spot volumes.