KEY TAKEAWAYS
- Kraken has launched trading for the PIPE token, expanding its digital asset offerings.
- PIPE is linked to the Pipe Network, a decentralized CDN on the Solana blockchain.
- Users must ensure deposits are made via supported networks to avoid token loss.
- Trading via Kraken App and Instant Buy will commence once liquidity conditions are met.
Kraken, a prominent cryptocurrency exchange, has announced that the PIPE token is now available for trading on its platform. The trading for PIPE went live on October 8, 2025, marking a significant addition to Kraken’s diverse range of digital assets.
To begin trading PIPE, users need to navigate to the ‘Funding’ section of their Kraken account, select PIPE, and proceed with the ‘Deposit’ option. It is crucial for users to ensure that their deposits are made using networks supported by Kraken, as deposits made through unsupported networks may result in the loss of tokens.
The PIPE token is associated with the Pipe Network, a decentralized content delivery network (CDN) built on the Solana blockchain. This network utilizes community-run nodes to facilitate content delivery. The PIPE token serves multiple purposes, including paying for bandwidth, minting Data Credits, rewarding node operators, and supporting governance within the network.
Trading Conditions and Future Listings
Kraken has noted that trading 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 PIPE trading.
Regarding future asset listings, Kraken maintains a policy of confidentiality until shortly before launch. The exchange does not disclose which assets are under consideration until they are ready to be announced. Interested users can find all available tokens on Kraken’s platform and stay updated on future listings through Kraken’s Listings Roadmap and social media channels.
For more details on the PIPE token listing, visit the official announcement here.
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