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Announcing Kraken’s $100M+, $250M+ and $500M+ volume fee tier trial

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Source: Kraken

Starting Aug. 1, 2023 0:00 a.m. UTC through Sept. 30, 2023 11:59 p.m. UTC,* we will offer the following fee tiers:

  • $100M+: 8 bps taker, 0 bps maker
  • $250M+: 6 bps taker, 0 bps maker
  • $500M+: 4 bps taker, 0 bps maker

Who is eligible?

All clients who trade over $100M, $250M or $500M in total spot crypto volume on a 30-day rolling basis will automatically be placed in this trial’s corresponding fee tier.

Trading volume is calculated across all traded pairs with the exception of markets where stablecoins or fiat currencies are the base currency (the first currency listed in a pair – in USDC/USD, USDC is the base currency). Click here for more info on how trading fees for our stablecoins and FX pairs work.

The 30-day rolling volume is computed on a continuous basis.

What Kraken platforms are included in the trial?

The trial applies to pairs that are traded directly on spot order books, including via mobile, web and API. It does not include pairs traded on the Kraken Consumer App or Kraken Futures.

How do the trial’s fees differ from Kraken’s stated fees?

We charge a fee when we match client orders. The fee ranges from 0% (0 bps) to 0.26% (26 bps) of the total cost (value) of your order and depends on the following:

For this trial, we’re introducing a trial of $100M+, $250M+ and $500M+ volume fee tiers as part of our spot crypto trading fee schedule. Clients who qualify by 30-day trading volume will now incur taker fees of 8 bps, 6 bps or 4 bps, respectively, instead of 10 bps when trading the 317 spot pairs included in the trial.

The trial will run on 50% of crypto pairs offered on Kraken spot order books from Aug. 1, 2023 0:00 a.m. UTC through Sept. 30, 2023 11:59 p.m. UTC.

How can I confirm I’m eligible?

All clients are eligible as long as they meet any of the three required volume thresholds.

The easiest way to tell if you’re eligible is via your fee schedule progress bar. You can keep track of your current fees and progress toward lower fees by looking at the fee progress bar in your Pro dashboard:

  • Log in to Kraken Pro. You will see the fee progress bar on the far right of the market selector pane.
  • Click on the fee progress bar to view your 30-day rolling volume and review the fee schedule.

Please note that the fee schedule progress bar is market-specific and will only show fees that apply to your currently selected market.

Don’t hesitate to reach out to an account manager or Kraken support if you have any questions about participation in the trial. Our teams are available 24/7.

Why is Kraken running this trial?

This trial will enable client strategies that are extremely fee-sensitive and allow us to assess the overall impact on order book liquidity. We will also be able to see how the new fees impact our trading ecosystem.

Which spot trading pairs will be included and why?

Included trading pairs provide the trial with 50% coverage of our markets, both in terms of number of markets and trading volume.

In order to programmatically determine which pairs are included in the trial, you can call the /AssetPairs public endpoint on our REST API, where fees for a specific pair will be returned as part of the Fees array.

Click here for more info on how to use our API. Click here for our REST API documentation.

Contact your account manager or Kraken support with any questions.

The following spot pairs will be included in the trial:

Base asset Quote asset Trading pair
1INCH EUR 1INCHEUR
AAVE EUR AAVEEUR
GBP AAVEGBP
AUD AAVEAUD
ACA USD ACAUSD
ACH USD ACHUSD
ADA EUR ADAEUR
XBT ADAXBT
GBP ADAGBP
ETH ADAETH
AUD ADAAUD
ADX EUR ADXEUR
AGLD EUR AGLDEUR
AIR USD AIRUSD
AKT USD AKTUSD
ALCX EUR ALCXEUR
ALGO EUR ALGOEUR
XBT ALGOXBT
ETH ALGOETH
ALICE USD ALICEUSD
ALPHA USD ALPHAUSD
ANKR USD ANKRUSD
XBT ANKRXBT
GBP ANKRGBP
ANT EUR ANTEUR
XBT ANTXBT
ETH ANTETH
APE USD APEUSD
USDT APEUSDT
API3 EUR API3EUR
APT EUR APTEUR
ARB USD ARBUSD
ARPA EUR ARPAEUR
ASTR EUR ASTREUR
ATLAS EUR ATLASEUR
ATOM EUR ATOMEUR
GBP ATOMGBP
AUDIO EUR AUDIOEUR
AVAX EUR AVAXEUR
USDT AVAXUSDT
AXS EUR AXSEUR
BADGER EUR BADGEREUR
BAL USD BALUSD
BAND USD BANDUSD
BAT USD BATUSD
ETH BATETH
JPY BATJPY
BCH EUR BCHEUR
XBT BCHXBT
GBP BCHGBP
BICO EUR BICOEUR
BIT USD BITUSD
BLUR USD BLURUSD
BLZ USD BLZUSD
BNC USD BNCUSD
BNT EUR BNTEUR
BOBA EUR BOBAEUR
BOND EUR BONDEUR
BSX USD BSXUSD
BTT EUR BTTEUR
C98 USD C98USD
CELR USD CELRUSD
CFG USD CFGUSD
CHR USD CHRUSD
CHZ USD CHZUSD
COMP EUR COMPEUR
COTI EUR COTIEUR
CQT USD CQTUSD
CRV USD CRVUSD
ETH CRVETH
CSM USD CSMUSD
CTSI USD CTSIUSD
CVC EUR CVCEUR
CVX EUR CVXEUR
DASH USD DASHUSD
DENT USD DENTUSD
DOT EUR DOTEUR
USDT DOTUSDT
AUD DOTAUD
DYDX USD DYDXUSD
EGLD EUR EGLDEUR
ENJ EUR ENJEUR
XBT ENJXBT
GBP ENJGBP
JPY ENJJPY
ENS EUR ENSEUR
EOS USD EOSUSD
USDT EOSUSDT
ETC EUR ETCEUR
XBT ETCXBT
ETH USD ETHUSD
XBT ETHXBT
USDC ETHUSDC
CAD ETHCAD
AUD ETHAUD
DAI ETHDAI
ETHW USD ETHWUSD
EUL EUR EULEUR
EWT USD EWTUSD
XBT EWTXBT
FARM USD FARMUSD
FET USD FETUSD
FIDA USD FIDAUSD
FIL USD FILUSD
XBT FILXBT
GBP FILGBP
ETH FILETH
FIS USD FISUSD
FLOW USD FLOWUSD
XBT FLOWXBT
ETH FLOWETH
FLR USD FLRUSD
FORTH EUR FORTHEUR
FTM EUR FTMEUR
FXS USD FXSUSD
GAL USD GALUSD
GALA EUR GALAEUR
GARI EUR GARIEUR
GHST USD GHSTUSD
XBT GHSTXBT
GLMR EUR GLMREUR
GMT EUR GMTEUR
GMX EUR GMXEUR
GNO USD GNOUSD
EUR GNOEUR
ETH GNOETH
GRT USD GRTUSD
XBT GRTXBT
ETH GRTETH
GBP GRTGBP
GST EUR GSTEUR
GTC EUR GTCEUR
HDX EUR HDXEUR
HFT EUR HFTEUR
ICP EUR ICPEUR
ICX USD ICXUSD
XBT ICXXBT
IDEX USD IDEXUSD
IMX EUR IMXEUR
INJ USD INJUSD
INTR EUR INTREUR
JASMY EUR JASMYEUR
JUNO EUR JUNOEUR
KAR USD KARUSD
KAVA EUR KAVAEUR
XBT KAVAXBT
ETH KAVAETH
KEEP EUR KEEPEUR
XBT KEEPXBT
ETH KEEPETH
KEY EUR KEYEUR
KILT USD KILTUSD
KIN EUR KINEUR
KINT USD KINTUSD
KNC USD KNCUSD
XBT KNCXBT
ETH KNCETH
KP3R USD KP3RUSD
KSM EUR KSMEUR
OT KSMOT
XBT KSMXBT
GBP KSMGBP
AUD KSMAUD
LCX USD LCXUSD
LDO USD LDOUSD
LINK EUR LINKEUR
USDT LINKUSDT
XBT LINKXBT
JPY LINKJPY
LPT USD LPTUSD
LRC EUR LRCEUR
LSK EUR LSKEUR
XBT LSKXBT
ETH LSKETH
LTC EUR LTCEUR
JPY LTCJPY
ETH LTCETH
LUNA USD LUNAUSD
LUNA2 EUR LUNA2EUR
MANA USD MANAUSD
USDT MANAUSDT
ETH MANAETH
MASK USD MASKUSD
MATIC USD MATICUSD
MC EUR MCEUR
MINA USD MINAUSD
GBP MINAGBP
MIR USD MIRUSD
MKR USD MKRUSD
MLN USD MLNUSD
XBT MLNXBT
MNGO EUR MNGOEUR
MOVR USD MOVRUSD
MSOL EUR MSOLEUR
MULTI EUR MULTIEUR
MV USD MVUSD
MXC USD MXCUSD
NANO USD NANOUSD
ETH NANOETH
NEAR EUR NEAREUR
NMR USD NMRUSD
NODL USD NODLUSD
NYM USD NYMUSD
OCEAN USD OCEANUSD
XBT OCEANXBT
OGN EUR OGNEUR
OMG EUR OMGEUR
ORCA EUR ORCAEUR
OXT USD OXTUSD
XBT OXTXBT
OXY EUR OXYEUR
PARA EUR PARAEUR
PAXG EUR PAXGEUR
XBT PAXGXBT
PERP USD PERPUSD
PHA USD PHAUSD
PLA USD PLAUSD
POLIS EUR POLISEUR
POLS EUR POLSEUR
POND USD PONDUSD
POWR USD POWRUSD
PSTAKE USD PSTAKEUSD
QNT EUR QNTEUR
QTUM EUR QTUMEUR
RAD USD RADUSD
RARE USD RAREUSD
RARI USD RARIUSD
XBT RARIXBT
RAY USD RAYUSD
RBC USD RBCUSD
REN EUR RENEUR
XBT RENXBT
REP USD REPUSD
REPV2 USD REPV2USD
ETH REPV2ETH
REQ EUR REQEUR
RLC USD RLCUSD
RNDR USD RNDRUSD
ROOK EUR ROOKEUR
RPL USD RPLUSD
RUNE USD RUNEUSD
SAMO EUR SAMOEUR
SAND EUR SANDEUR
SBR USD SBRUSD
SC EUR SCEUR
ETH SCETH
SCRT EUR SCRTEUR
SDN USD SDNUSD
SGB EUR SGBEUR
SHIB EUR SHIBEUR
USDT SHIBUSDT
SNX USD SNXUSD
AUD SNXAUD
SOL USD SOLUSD
XBT SOLXBT
GBP SOLGBP
SPELL EUR SPELLEUR
SRM USD SRMUSD
STEP USD STEPUSD
STG USD STGUSD
STORJ EUR STORJEUR
STX USD STXUSD
SUPER EUR SUPEREUR
SUSHI EUR SUSHIEUR
XBT SUSHIXBT
GBP SUSHIGBP
SYN USD SYNUSD
T EUR TEUR
TBTC ETH TBTCETH
USD TBTCUSD
TEER USD TEERUSD
TLM USD TLMUSD
TOKE EUR TOKEEUR
TRIBE EUR TRIBEEUR
TRU EUR TRUEUR
TRX EUR TRXEUR
XBT TRXXBT
ETH TRXETH
TVK USD TVKUSD
UMA EUR UMAEUR
UNFI USD UNFIUSD
UNI USD UNIUSD
ETH UNIETH
UST USD USTUSD
USDT USTUSDT
USDC USTUSDC
WAVES USD WAVESUSD
XBT WAVESXBT
WAXL EUR WAXLEUR
WBTC USD WBTCUSD
WOO USD WOOUSD
XBT EUR XBTEUR
USDT XBTUSDT
GBP XBTGBP
AUD XBTAUD
DAI XBTDAI
XCN EUR XCNEUR
XDG USD XDGUSD
XBT XDGXBT
XLM USD XLMUSD
XMR XBT XMRXBT
XRP USD XRPUSD
XBT XRPXBT
GBP XRPGBP
ETH XRPETH
JPY XRPJPY
XRT USD XRTUSD
XTZ EUR XTZEUR
GBP XTZGBP
YFI EUR YFIEUR
ETH YFIETH
AUD YFIAUD
YGG EUR YGGEUR
ZEC USD ZECUSD
XBT ZECXBT
ZRX USD ZRXUSD
GBP ZRXGBP

*Kraken reserves the right to change the end date of the $100M+, $250M+ and $500M+ fee tier trial. Participants will be notified by Kraken in the event of such a change. These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell or hold any cryptoasset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, 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.

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Author: KrakenFX