We’re thrilled to announce that Kraken now supports Euler (EUL) and Wrapped Axelar (WAXL)!

Funding and Trading

Funding is live, and trading will begin on December 15 at approximately 14:30 UTC.

You can add these tokens to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Deposits require 70 confirmations (~14 minutes) for both tokens.

Both tokens are tradeable against USD and EUR on Kraken and the Kraken Pro interface with the following parameters:

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 what you need to know about the assets:

Euler (EUL)

Euler is a decentralized protocol that allows users to borrow and lend digital assets. The protocol enables the permissionless listing of assets on the platform and facilitates leveraged trading positions. EUL is the native token of the protocol which is used to vote on decisions that affect the future of the project.

Wrapped Axelar (WAXL)

Axelar is a blockchain infrastructure designed to facilitate cross-chain communication. The network bridges blockchain ecosystems and allows developers to connect decentralized applications (dApps) that exist on different blockchains. AXL is the native token of the project which is used to pay for network transaction fees, vote on decisions that affect the…