Kraken Expands Margin Trading with MNT, USELESS, CAKE, and RIZE

What’s New

Kraken continues to expand its margin markets, now offering:

• MNT / USD — up to 3× leverage, limit $60,000
• USELESS / USD — up to 3× leverage, limit $150,000
• CAKE / USD — up to 3× leverage, limit $14,000
• RIZE / USD — up to 3× leverage, limit $150,000

With these additions, Kraken now supports over 240 margin pairs available on Kraken Pro.

Read the full update on Kraken Blog

Asset Overview

MNT (Mantle)

The native token of the Mantle Network, an Ethereum Layer-2 solution designed for scalability and reduced gas costs. Its inclusion offers exposure to infrastructure-level growth in the Ethereum ecosystem.

USELESS

A meme-token built on Solana, intentionally branded as “useless.” Despite its ironic name, USELESS has seen strong community engagement and volatility — appealing for high-risk traders.

CAKE (PancakeSwap)

The governance token of PancakeSwap, the largest DEX on BNB Chain. It powers DeFi functions such as swaps, staking, NFT trading, and IFOs, giving traders access to a mature DeFi ecosystem.

RIZE (T-Rize)

RIZE represents the T-Rize platform, focused on tokenizing real-world assets (RWA). Its listing brings more opportunities for traders interested in fintech and institutional-grade asset tokenization.

Key Details Before You Trade

• Margin trading requires eligible collateral assets on your account.
• Margin positions involve opening, holding, and rollover fees that vary per pair.
• Order execution and liquidity are not guaranteed — limit orders may fail if market depth is low.
• Kraken notes that this update does not constitute investment advice. Cryptoassets may be unregulated, and you could lose your capital.

Why It Matters

The expansion highlights Kraken’s ongoing commitment to providing traders with diverse, flexible trading options.

From Layer-2 infrastructure tokens to meme coins and tokenized assets, the update reflects how Kraken is catering to every segment of the modern trading landscape.

Traders looking for volatility, innovation, or strategic diversification will find new ways to engage with the market — all through Kraken’s trusted and compliant margin system.

Next Steps for Traders

Review Kraken’s margin trading eligibility and risk parameters.

Analyze each asset — from MNT’s network utility to USELESS’s volatility potential.

Develop a clear margin strategy with proper risk management.

Stay alert for upcoming listings as Kraken continues expanding its margin offerings.

Get Started on Kraken

Ready to explore these new margin markets?

Create your Kraken account and start trading with leverage today:

Register on Kraken

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Digital assets are subject to risk, and you may lose capital.