We’re thrilled to announce support for a new USD margin pair for Moo Deng (MOODENG) — taking our total to over 220+ markets enabled for margin trading on Kraken Pro!
Margin trading is now available for the new trading pair:
| Pair base | Pair name | Available Leverage | Long Position Limit | Short Position Limit |
| MOODENG | MOODENG/USD | 3x | 130,000 | 130,000 |
Here’s some more information about the token:
Moo Deng (MOODENG) is a memecoin based on the famous pygmy hippopotamus at the Khao Kheow Open Zoo in Si Racha, Chonburi, Thailand. The Solana-based token is held by fans of the hippo, whose community congregates on X and Telegram. As a memecoin, MOODENG has no stated utility, its value instead arising from the vibrancy of its community and the virality of Moo Deng the hippo.
Before you start, what you should know:
In order to trade using margin, you will need to hold at least one collateral currency.
The availability of margin trading services is subject to certain limitations and eligibility criteria.
Margin trading incurs additional fees for opening, closing and holding a position. Learn more about the different rates and fees.
Will Kraken offer more pairs on margin?
Yes! But our policy is to never reveal any details before launch – not even which pairs we are considering. All of Kraken’s listed margin pairs are available on our website. Our client engagement specialists cannot answer any questions about which pairs we may be listing in the future.
Trade with caution
There is no guarantee that a limit order will execute. There is no guarantee of margin pool availability at all times. There is also no guarantee of a market order executing at a certain price. The availability and liquidity of the particular digital asset will impact these types of orders. Ready to trade but don’t have a Kraken account yet? Sign up today!
