Kraken Market Participation Program
Institutional

Kraken Market
Participation Program

Empowering institutional partners with aligned growth

Kraken’s new Market Participation Program is designed to strengthen long-term collaboration with our most engaged trading partners.

By offering a unique equity-linked rewards model, we align our success with yours — creating shared value as you help drive liquidity, market depth and growth across Kraken’s spot and futures markets.

How the program works

Clients trading at significant volume levels are eligible for the following benefits.

Reduced fees

Enjoy access to a new, ultra-competitive 5 bps spot trading tier.

Equity-linked rewards

Earn equity-linked incentives based on your trading activity — a first-of-its-kind program among major exchanges.

Performance transparency

Rewards are calculated weekly, allowing for clear, measurable results.

Program highlights

Open participation

The program is available to all Kraken institutional clients (some geo restrictions apply) who meet trading volume thresholds and regulatory requirements

Aligned incentives

Unlike traditional fee rebates, participants can earn rewards linked to Kraken’s long-term growth

Built for performance

Participants benefit from Kraken’s latest infrastructure improvements, including enhanced FIX API, upgraded throughput and expanded co-location options for ultra-low-latency trading

Fair and transparent

All terms are standardized, ensuring equitable access and clear qualification criteria.

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Why choose Krakens Market Participation program

Institutional trading firms are familiar with liquidity-based incentives — but Kraken’s program goes further. Our next-generation model aligns partners with Kraken’s growth through equity-linked rewards and clear, enforceable performance standards.

Program overview

Reward type

Equity-linked incentive warrants

Reward frequency

Allocated weekly and distributed at the end of the program

Eligibility

Qualified institutions reaching Kraken aggregate trading volume minimum thresholds (1% spot or 2% futures)

Market coverage

Crypto Spot and Futures only (excluding stablecoin pairs)

FAQs

No, stablecoin trading volume is excluded from the program’s eligibility criteria.

Rewards will be distributed in the form of warrants, subject to applicable regulatory and legal conditions.

Take part in an initiative built for high-performance institutional trading. Help shape the next chapter of Kraken’s growth and share in our success.

Join the program

To learn more, contact your Kraken relationship manager today. If you do not have a relationship manager and would like to inquire further, please sign up using the form below.

Kraken VIP
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Access Restricted to Accredited Investors (as defined in Rule 501 of the U.S. Securities Act) or Qualified Investors/Professional Clients under UK, EU and Swiss law and “professional investors” under the Laws of Hong Kong. The information on this page and the materials it contains are not an offer to, or directed at, the public and are intended solely for institutional and professional market participants and other persons who are sophisticated or accredited investors or professional investors, or otherwise a person to whom this information may lawfully be communicated, each acting for their own account. The securities referred to herein have not been and will not be registered under the U.S. Securities Act, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. By proceeding, you confirm and agree that: (i) you are not a retail client or consumer and will not rely on this communication or the information contained herein as such; (ii) you are a person to whom an offer of the securities described may lawfully be made under all applicable laws and regulations of your jurisdiction and you are not located in Hong Kong (or, if you are, you are a “professional investor”); (iii) you will not distribute, forward, or otherwise make any of the materials available to any retail person, including to any person in Hong Kong who is not a “professional investor”; and (iv) no regulator has reviewed or approved these materials. If you cannot make these confirmations, do not proceed. Nothing herein constitutes investment advice or a recommendation; you should make an independent assessment and seek independent advice as needed. Past performance is not indicative of future results. This communication does not constitute an offer to sell or solicitation of an offer to buy any securities in any jurisdiction in which the offering or sale is not permitted. Offers and sales of any securities hereby are subject to eligibility, acceptance, and final documentation.