Trading for AEVO, ARKM, ENA and more available now

Funding and trading

AEVO, ARKM, ALT, ETHFI, ENA, MPL, SAFE and ZETA funding and trading are live. Add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.

Make sure to deposit your tokens using the networks supported by Kraken. Deposits made using other networks will be lost.

Got these assets and a Kraken account?

Deposit with Kraken Deposit with Kraken Pro

AEVO, ARKM, ALT, ETHFI, ENA, MPL, SAFE and ZETA will be tradeable on Kraken and Kraken Pro with the following parameters:

AssetPairPrice decimal precisionMinimum order sizeMinimum depositAEVOUSD, EUR41010ALTUSD, EUR32525ARKMUSD, EUR344ENAUSD, EUR31010ETHFIUSD, EUR422MPLUSD, EUR511SAFEUSD, EUR455ZETAUSD, EUR455

Note:

• Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).

Here’s some more information about the token:

Aevo (AEVO) bills itself as a high-performance DEX with a focus on perpetuals and options trading. Built by the team behind Ribbon Finance, its custom Ethereum L2 solution combines an off-chain orderbook with on-chain settlements for high-throughput trading. Its token, AEVO, is a rebrand of Ribbon’s token (RBN), and serves a similar purpose as a governance token that allows holders to participate in decisions that influence the strategic development of the protocol.

AltLayer (ALT) is a decentralized protocol that helps blockchain developers launch and enhance rollups. Pioneering the ‘restaked rollup’ concept, AltLayer enhances the security and interoperability of existing rollups, while also empowering users to spin up custom L2s via its no-code solution. The ALT token is provided as an incentive to ecosystem participants and is used for the purposes of staking and paying network fees.

Arkham (ARKM) is an on-chain blockchain analytics platform. With a goal of ‘deanonymizing the blockchain,’ it leverages AI to convert raw transaction data and tie blockchain addresses to real-world entities. Its token, ARKM, serves as a governance that allows holders to vote on strategic decisions, as a medium of exchange within the ecosystem, and as a reward for users providing crypto intel.

Ethena (ENA) is a synthetic dollar protocol that aims to establish a stablecoin-like asset (USDe) through a delta-neutral hedging strategy. This approach involves shorting derivatives proportional to users’ deposited collateral to generate yield. The ENA token is used for governance across a range of the Ethena protocol’s functions.

Ether.fi (ETHFI) is an Ethereum-based decentralized staking protocol that empowers users to stake their ETH without entrusting it to a third party. By staking with Ether.fi, users receive corresponding liquid tokens that they can leverage across other DeFi protocols. The protocol’s governance token, ETHFI, enables holders to have a say in the project’s future direction.

Maple (MPL) is a decentralized credit market that allows borrowers to access financing in a completely on-chain manner. MPL serves as the protocols governance token that allows holders to participate in strategic decisions that affect the future development of the protocol.

Safe (SAFE) is a decentralized blockchain digital asset issuance and application development platform focusing on blockchain application security and privacy protection. Safe features several applications across payment, voting and gaming that support this goal. SAFE plays an important role in incentivizing SAFE network participants to record and store information on the chain accurately.

ZetaChain (ZETA) is an L1 blockchain with an emphasis on chain abstraction. With its omnichain stack and Universal EVM, ZetaChain aims to ensure full cross-chain functionality across multiple blockchain protocol. ZETA is distributed in block rewards, and is used to pay for transaction fees.

Ready to trade but don’t have a Kraken account yet? Sign up today !

Get started with Kraken

Will Kraken make more assets available?

Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on Kraken’s blog and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.

These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken makes no representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising 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 the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.

The post appeared first on Kraken Blog.