We’re thrilled to announce supports for new USD margin pairs for Fartcoin (FARTCOIN), yearn.finance (YFI), Jasmycoin (JASMY) and Pudgy Penguins (PENGU) —Taking our total to over 200 markets enabled for margin trading on Kraken Pro! Margin trading is now available for the below pairs: Pair base Pair name Available Leverage Long Position Limit Short Position Limit FARTCOIN FARTCOIN/USD 3 60,000 60,000 YFI YFI/USD 3 5 5 JASMY JARMY/USD 3 1,000,000 1,000,000 PENGU PENGU/USD 3 2,500,000 2,500,000 Get started with Kraken Here’s some more information about the tokens: Fartcoin (FARTCOIN) is a Solana-based memecoin, originally conceived by AI bot Truth Terminal and launched by an anonymous developer. Fartcoin has been praised as the ‘ideal meme,’ with its supply well-distributed and no single entity holding a large portion of its tokens. The FARTCOIN token serves no purpose, operating strictly as a memecoin. yearn.finance (YFI) is a decentralized yield aggregator running on the Ethereum blockchain. Cryptocurrency deposited on Yearn.Finance is automatically lended out at the highest lending rate possible across a number of other platforms. YFI is the token for Yearn Finance. Holders of YFI can participate in the protocol’s governance and earn a percentage of the fees generated on the various Yearn Finance products through staking. JasmyCoin (JASMY) develops internet of things (IoT) platforms via edge computing and the use of the InterPlanetary File System (IPFS) for data storage. Jasmy seeks to decentralize the maintenance and sharing of sensitive information through the use of “personal data lockers” on the Jasmy network. JasmyCoin is used as a payment medium for retrieving personal data from IoT devices and serves as the network’s utility token. Pudgy Penguins (PENGU) is the Solana-based token of leading NFT project Pudgy Penguins. Launched in December 2024, a quarter of the supply was airdropped to Pudgy holders, and an additional quarter to various Web3 community members in the hopes of growing the Pudgy community. It’s expected that PENGU will serve as a governance and utility token, allowing holders to weigh in on protocol decisions and unlock gated features. Before you start, what you should know: In order to trade using margin , you will need to hold at least one collateral currency . The availability of margin trading services is subject to certain limitations and eligibility criteria . Margin trading incurs additional fees for opening, closing and holding a position. Learn more about the different rates and fees . Will Kraken offer more pairs on margin? Yes! But our policy is to never reveal any details before launch – not even which pairs we are considering. All of Kraken’s listed margin pairs are available on our website. Our client engagement specialists cannot answer any questions about which pairs we may be listing in the future. Trade with caution There is no guarantee that a limit order will execute. There is no guarantee of margin pool availability at all times. There is also no guarantee of a market order executing at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders. Ready to trade but don’t have a Kraken account yet? Sign up today ! Get started with Kraken Availability of margin trading services is subject to certain limitations and eligibility criteria . Trading using margin involves an element of risk and may not be suitable for everyone. Read Kraken’s Margin Disclosure Statement to learn more. 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 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 regulated and others are unregulated; regardless, Kraken may or may not be required to be registered or otherwise authorised to provide specific products and services in each market, 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. See Legal Disclosures for each jurisdiction here . The post Expanded USD margin pairs available for FARTCOIN, YFI, JASMY, PENGU! appeared first on Kraken Blog .
