We are excited to announce that AUCTION, CPOOL, KMNO, PRCL, PRIME, TURBO, ZEX and ZK are now all available on Kraken!
Financing and trading
Trading for all 8 assets will go live starting at 17:00 UTC today, August 13, 2024.
To add an asset to your Kraken account, go to Funding, select the asset you are looking for and click “Deposit”.
Make sure to deposit your tokens on networks supported by Kraken. Deposits made via other networks will be lost.
The new tokens are tradable on Kraken and Kraken Pro with the following parameters:
| Active | Pair | Decimal precision of price | Minimum order size | Minimum deposit |
|---|---|---|---|---|
| AUCTION | USD, EUR | 3 | 0.5 | 0.5 |
| CPOOL | USD, EUR | 5 | 50 | 50 |
| KMNO | USD, EUR | 5 | 200 | 200 |
| PRCL | USD, EUR | 4 | 5 | 5 |
| PRIME | USD, EUR | 3 | 0.5 | 0.5 |
| TURBO | USD, EUR | 6 | 2000 | 2000 |
| ZEX | USD, EUR | 5 | 200 | 200 |
| ZK | USD, EUR | 4 | 10 | 10 |
Note: Trading via the Kraken app and instant buy will be available once liquidity conditions are met (when enough buyers and sellers have entered the market for their orders to be efficiently matched).
KMNO, PRCL and ZEK are not available in Canada or the United States.
Here is some additional information about these 8 assets:
AUCTIONS – Bounce is an Auction-as-a-Service suite that provides the infrastructure for users to create and manage decentralized auctions. Supporting a range of auction formats, as well as digital and physical asset applications, Bounce offers a no-code tool to deploy auctions in a permissionless environment. The AUCTION token can be staked for rewards, used as payment on Bounce marketplaces, or as a governance token that allows holders to vote on decisions that influence the development of the protocol.
CPOOL – Clearpool is a decentralized credit trading marketplace, offering unsecured loans to licensed institutions. By lending cryptocurrencies, users can earn risk-adjusted interest with no lock-up period. The CPOOL token acts as both a utility and governance token, allowing users to earn yields through staking and share their opinions on governance.
KMNO – Kamino is a DeFi suite built on the Solana blockchain. In addition to providing borrowing and lending capabilities, its vaults allow users to buy or short assets, earn fees by deploying liquidity to DEXs, and leverage their exposure to assets. KMNO is Kamino’s governance token, which allows holders to participate in the protocol’s DAO.
PRCL – Parcl is a decentralized perpetual futures exchange focused on real estate synthetics. Its city indices aggregate real estate values in a given area, allowing users to speculate on the median price per square foot (or square meter) across global markets. The PRCL token is used in the protocol’s governance and can later be used to control real estate data.
PRIME – Echelon is a play-to-earn gaming stack that enriches the gaming experience by integrating blockchain features. Currently, its integration into the Parallel Trading Card Game allows users to use and earn its token, PRIME, in a sci-fi-themed TCG. The PRIME token unlocks access to gated products, services, and experiences within the ecosystem.
TURBO – Turbo is a memecoin, born from an experiment where ChatGPT was asked to create “the next big memecoin” with a budget of $69. The project prides itself on a community-driven roadmap, a waived smart contract, and zero buy/sell taxes. TURBO is a token based on the Ethereum blockchain, which can be held, sent, and received by users with Ethereum crypto wallets.
ZEX – Zeta Markets is a decentralized perpetual exchange on the Solana blockchain. With a focus on user experience and security, it features an on-chain limit order book, up to 10x cross leverage, and full asset custody. The ZEX token serves as both a utility token and a governance token, allowing holders to earn rewards, submit proposals, and vote on future protocol upgrades.
ZK – ZKSync is a zero-knowledge (ZK) rollup layer 2 protocol that enables fast and low-cost transactions that are not limited by the constraints of the base chain. By leveraging proofs of validity to inherit Ethereum’s security, it seeks to replicate the Ethereum experience with a better user experience, all in a trustless environment. ZK is the protocol’s governance token, ensuring that decision-making remains decentralized.
Ready to trade but don’t have a Kraken account yet? Sign up today!
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details before launch, including what assets we are considering. All available Kraken tokens are available here , and all future tokens will be announced on the Kraken blog and social media profiles. Our customer engagement specialists cannot answer any questions about what assets we may make available in the future.
These materials are provided for general information purposes only and do not constitute investment advice, or a recommendation or solicitation to buy, sell, stake, or hold any cryptoassets or to participate in any specific trading strategy. Kraken makes no representations or warranties of any kind, express or implied, as to the
Kraken does not guarantee the accuracy, completeness, timeliness, suitability or validity of this information and will not be liable for any errors, omissions or delays in this information or for any loss, injury or damage resulting from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of cryptoasset markets may result in loss of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax position. Geographic restrictions may apply.
