We are excited to announce that Kraken now supports new margin pairs. Optimism (OP), Synthesis (SNX), Rosacea (INJ) and Celestia (TIA)!
Margin trading is now available for the pairs below: OP, SNX and TIA.
| fair base | pair name | Available Leverage | Long position limit | Short position limit |
| OP | OPUSD | 2X | 14000 | 14000 |
| SNX | SNX USD | 2X | 7500 | 7500 |
| INJ | INJUSD | 3X | 1600 | 1600 |
| INJ | injury | 2X | 1500 | 1500 |
| Tia | TIAUSD | 3X | 3000 | 3000 |
Here’s what you need to know about assets:
Optimism (OP) It is a layer 2 scaling solution implemented on the Ethereum network. It alleviates congestion on the Ethereum mainnet and lowers transaction fees by aggregating multiple transactions using a technique called optimistic rollups. OP is Optimism’s native governance token, allowing OP token holders to participate in decisions regarding the future direction, upgrades, and parameters of the protocol.
Synthesis (SNX) Cryptocurrency derivatives provide an alternative way to invest in fiat currencies, cryptocurrencies and commodities. Synthetix is a decentralized protocol built on top of Ethereum that allows users to gain exposure to assets without actually holding or managing the underlying resources. These synthetic assets (Synths) are backed by the platform’s cryptocurrency, Synthetix Network Token (SNX), which can be held as collateral to generate rewards.
Injection (INJ) It is a decentralized exchange (DEX) that provides various functions such as cross-chain margin trading, derivatives, and foreign exchange futures trading. Built on the Cosmos blockchain, a Layer 2 application, Injective uses bridges to provide cross-chain functionality that allows traders to transact on other networks. The exchange operates with INJ tokens, Injective’s native cryptocurrency, which is used by makers and takers to pay transaction fees on the network.
Celestia (TIA) A modular blockchain network focused on scalable data availability on the blockchain. Celestia helps solve the data availability issues that many blockchains face while scaling by decoupling transaction ordering from network consensus. TIA is the native token used for data transactions, network security through proof-of-stake, and enabling decentralized governance within the ecosystem.
What you need to know before you start:
Ready to get started ⤵️
Trading Margin with Kraken
Does Kraken offer more pairs with margin?
yes! However, our policy is not to reveal any details prior to launch. The same goes for which pair you are considering. All margin pairs listed on Kraken can be found on our website. Our Customer Engagement Specialists are unable to answer questions about which pairs we will list in the future.
Trade with caution
There is no guarantee that limit orders will be executed. Margin pool availability is not always guaranteed. Additionally, there is no guarantee that a market order will be executed at a specific price. The availability and liquidity of a particular digital asset affects these types of orders.
Providing margin trading for any asset or token does not encourage buying, selling or participation in the relevant network. Do your own research and invest at your own risk.
These materials are provided for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptocurrency or to engage in any particular trading strategy. Kraken does not and will not seek to increase or decrease the price of any particular cryptocurrency it offers. Some cryptocurrency products and markets are unregulated and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptocurrency market may result in loss of funds. Taxes may be payable on the appreciation and/or reporting of your cryptocurrency assets and you should seek independent advice on your tax position. Geographic restrictions may apply.