Kraken has expanded its margin trading offerings to include three new tokens: 0G (a decentralized AI data availability layer), $SKY (the rebranded governance token of the former MakerDAO ecosystem), and $QNT (Quant Network’s enterprise blockchain interoperability token).
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With these additions, Kraken Pro now supports over 250 margin-enabled trading pairs.
This isn’t a yield opportunity or airdrop — it’s a trading infrastructure update. For traders who have been waiting to take leveraged positions on these specific assets, Kraken is now one of the venues where that’s possible. The full details are available on the Kraken blog announcement.
How It Works
Margin trading on Kraken lets you borrow funds to open larger positions than your account balance would otherwise allow. Here’s what you need to know to get started:
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Log in to Kraken Pro — Margin trading is available through the Kraken Pro interface, not the basic Kraken app.
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Ensure your account is verified — Kraken requires intermediate or higher verification for margin trading. Availability also depends on your jurisdiction.
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Fund your account — Deposit collateral (typically USD, EUR, or supported crypto) into your Kraken spot wallet.
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Select a margin pair — Search for 0G, $SKY, or $QNT and choose the margin-enabled trading pair you want.
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Open a position — Choose your leverage level, set your order type (market, limit, etc.), and confirm. Kraken will display your margin requirements before execution.
Kraken’s margin fee structure includes an opening fee and a rollover fee (charged every 4 hours the position remains open). The exact rates vary by pair, so check the specific fee schedule on Kraken Pro before trading. Leverage limits also differ by asset — newer, lower-liquidity tokens like 0G may have tighter leverage caps than established assets.
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The Risks
Margin trading amplifies both gains and losses. Before jumping in, consider the following:
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Liquidation risk — If your position moves against you far enough, Kraken will liquidate your collateral to cover the loan. You can lose more than your initial margin deposit.
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Volatility — 0G, $SKY, and $QNT are mid-cap to smaller-cap assets. Price swings can be sharp and sudden, especially around news events or low-liquidity periods.
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Rollover fees add up — Holding a leveraged position for days or weeks means rollover fees compound. What looks like a small 4-hour fee can become material over time.
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Regulatory risk — Margin trading availability varies by country and may be restricted or removed in certain jurisdictions without much notice. U.S. users, in particular, should verify eligibility.
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Counterparty risk — You are trusting Kraken as a centralized exchange to custody your funds and execute trades fairly. Kraken is one of the longest-running exchanges (founded 2011) and has never suffered a major hack, but centralized exchange risk always exists.
Timeline
The new margin pairs for 0G, $SKY, and $QNT are live now on Kraken Pro. There is no stated end date — these are permanent additions to Kraken’s margin trading roster, barring any regulatory or liquidity changes that might force delisting in the future.
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Bottom Line
This update is relevant for active traders who already use Kraken and want leveraged exposure to 0G, $SKY, or $QNT without moving to a different platform. If you’re not already comfortable with margin mechanics and liquidation risks, this isn’t the place to start learning — practice with spot trading first.
For experienced margin traders, having 250+ pairs on a single, well-established exchange is a genuine convenience. Just remember that leverage is a tool, not a strategy — and the fees for holding positions open can quietly eat into returns.
This is not financial advice. Always do your own research.
