SOL and SRM Trading Starts June 17 at 15:30 UTC – Deposit and Stake SOL Now

Kraken is excited to announce the listing of Solana (SOL) and Serum (SRM) as well as staking support for Solana (SOL) with up to 6.5% in yearly rewards.  

Deposits and withdrawals for both assets are open so you can start depositing now! Staking is also available for SOL today.

Deposit SOL and SRM Now!

Please note: 

  • SOL and SRM trading and staking is not available for residents of the US, Canada, Japan and Australia at this time.

Here’s a rundown of the new assets available for deposit on Kraken today.

Solana – Solana is a blockchain platform that aims to increase user scalability through faster transaction settlement times. The Solana software includes a flexible infrastructure that allows developers to write and launch smart contracts using multiple programming languages. The SOL cryptocurrency plays a key role in maintaining and operating the Solana ecosystem and is used to execute smart contracts, send transactions, and incentivize actors that support the network.

Serum – SRM is the cryptocurrency used by Serum, a software running on Solana where a global network of users maintain an exchange where cryptocurrencies can be bought and sold by traders. Central to its design is a decentralized order book aimed to operate similarly to traditional exchanges by matching buyers and sellers. SRM holders can use their tokens to pay for fees on the exchange while also receiving up to a 50 percent discount on them.

Project websites: 

What time will funding, trading and staking start?

  • Funding:  Already available – you can deposit SOL & SRM now! 
  • Trading: Starts June 17 at approximately 15:30 UTC  (Kraken will enable order entry and execution at this time)
  • SOL Staking: Already available today
  • Updates will be posted on the status page near launch time

Trading Pairs

Each new asset will be available for trading in USD, EUR, GBP and BTC.

How to Deposit 

  1. Navigate to “Funding” > Select the asset. You can find the asset either by ticking “Show all…

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