KEY TAKEAWAYS
- Kraken has launched trading for the FLY token, enhancing its platform’s asset offerings.
- FLY is integral to Fly.trade, a cross-chain liquidity aggregator within the Sonic ecosystem, supporting governance and rewards.
- Trading via Kraken’s app will commence once liquidity conditions are met, with geographic restrictions potentially applying.
Kraken has announced that the FLY token is now available for trading on its platform. Trading for FLY went live at 13:00 UTC on June 6, 2025. Users interested in trading FLY can add the asset to their Kraken account by navigating to the Funding section, selecting FLY, and clicking ‘Deposit’. It is important to ensure that tokens are deposited into networks supported by Kraken, as deposits made using unsupported networks will be lost.
FLY is the native token of Fly.trade, a prominent cross-chain liquidity aggregator within the Sonic ecosystem. The Fly.trade app offers users seamless swaps, optimized routing, and one-click staking across more than 19 blockchain networks. The FLY token plays a crucial role in governance, rewards, and growth for the platform, which is trusted by numerous DeFi partners and over 260,000 users.
Trading Conditions and Future Listings
Trading FLY via the Kraken App and Instant Buy will be available once liquidity conditions are met. This means that a sufficient number of buyers and sellers must enter the market to ensure efficient order matching. Additionally, geographic restrictions may apply to FLY trading.
Kraken has a policy of not revealing details about future asset listings until shortly before their launch. All available tokens on Kraken can be found on their Listings Roadmap and social media profiles. For more information, visit the official announcement here.
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