Kraken hype: As CEX celebrates DeFi

The crypto ecosystem has just witnessed a strategic move that demonstrates the evolution of the sector. Kraken, one of the oldest and most respected centralized exchanges (CEX), has officially listed the HYPE token, the proprietary token of the Hyperliquid protocol, a decentralized futures trading platform (DEX). This solution goes far beyond simply adding an asset. It symbolizes a mature vision where cooperation and complementarity prevail over direct competition. Today it is an institutional giant recognizes the revolutionary value of a pure DeFi product.

Le Journal du Coin brings you this promotional article in collaboration with Kraken.

Kraken, a partner, not a rival In a landscape often characterized by an apparent rivalry between CEX and DEX, Kraken’s approach is impressive. Instead of seeing Hyperliquid as a threat, Kraken is taking on the role of a friendly partner, integrating its token into its vast ecosystem. This approach makes sense for several reasons.

First, it demonstrates flexibility and a deep understanding of market trends. Kraken recognizes that protocols like Hyperliquid are at the forefront of technological innovation, especially in decentralized derivatives trading . By hosting HYPE, Kraken offers its millions of users, many of whom would otherwise not have ventured into the DEX on their own, easier access to this innovation. This is an additional service that expands its offer.

Second, it strengthens the credibility and legitimacy of Hyperliquid. The listing process on Kraken is known for its thoroughness . Its successful completion serves as a guarantee of the project’s technical quality and potential reliability in the eyes of a wide audience. Finally, it simplifies access to the token. Kraken users can now purchase HYPE in just a few clicks by trading it in fiat currencies (dollars and euros). Thus, they benefit from the liquidity and safety of the platform.

Buying hype with euros on Kraken

Common ground: spot trading and leveraged perpetual contracts The most obvious point of convergence between Kraken and Hyperliquid is their core business: spot and futures trading.

Both platforms allow their users to trade cryptoasset futures contracts with significant leverage.

At Kraken, experienced traders have access to an advanced trading platform (Kraken Pro) that offers futures with leverage up to 10x . It is aimed at clients looking for the opportunity of a reliable CEX with its high liquidity and advanced order processing tools.

Hyperliquid for its part, has built a solid reputation as the leading decentralized exchange (DEX) for futures in terms of trading volume and user interaction. It also offers high leverage (up to 40x) at non-custodial environment Users keep control of their funds through their own wallet (such as Rabby or MetaMask), enjoying performance and latency that rivals CEX.

By listing HYPE, Kraken isn’t just adding a token to its catalog. It recognizes excellence in the field it owns. This is a tribute from one professional to another.

Kraken’s hyped listing announcement on X

Complementarity, not competition: two visions, one enhanced ecosystem The key to understanding this list is that Kraken and Hyperliquid do not target the same audience with the same general proposition. They complement each other rather than compete.

Kraken positions itself as a full-fledged financial ecosystem, a crypto “super application”. Its vision is broad and can even compete with neo-banks or crypto-friendly banks:

• All types of trade : spot, marginal and futures;

• All types of markets: cryptocurrencies, stocks (US stocks) and forex;

• Savings solution : rates;

• Banking services : Kraken MasterCard payment card;

• Blockchain infrastructure : development of own blockchain Inc the second level of Ethereum;

• Institutional ambitions : Expected initial public offering (IPO) in 2026 after raising $500 million.

Hyperliquid, on the other hand, is a precision tool. It is a highly specialized platform developed pure traders, DeFi enthusiasts . Its main focus is on efficiency and financial sovereignty (without liability). It is a better tool for those who want to maximize their exposure and strategies while remaining in the decentralized realm.

By integrating HYPE, Kraken is not competing with Hyperliquid on its own turf. He symbolically absorbs her into its ecosystem to offer its customers access to this DeFi spirit and experience. A Kraken user can now get direct access to success of the leading decentralized exchange (DEX) by acquiring HYPE.

Conclusion: significant symbiosis for the future Listing the HYPE token on Kraken is much more than just a new trading pair. This is a powerful signal sent to the industry. It marks a step towards a crypto-ecosystem where the lines between centralized and decentralized systems are blurred for the benefit of the user.

Kraken, with its integrated and regulated approach to the financial ecosystem, and Hyperliquid, with its leading expertise in DeFi and trading, together form the future of the financial landscape . One provides infrastructure, ease of access and institutional legitimacy. The other brings cutting-edge innovation, community spirit, and individual sovereignty.

Being a “good sport”, the Kraken doesn’t cut itself any slack; it is establishing itself as an important gateway to explore all aspects of the crypto world, from the banking services of the future to the boldest DeFi trading arenas. The purist trader can stick to Hyperliquid, but the investor, the curious or the multi-strategist will find Kraken an entry point into this world. It’s a smart symbiosis and great news for market acceptance and sophistication.