We’re thrilled to announce that XL1 is available for trading on Kraken!
Funding and trading
XL1 trading is live as of September 16, 2025.
To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.
Make sure to deposit your tokens into networks supported by Kraken. Deposits made using other networks will be lost.
Here’s some more information about this asset:
XL1 (XL1)
XL1 is the utility token of XYO Layer One, the first scalable data blockchain designed to bring verifiable information on-chain. It pays gas and transaction fees (with a portion burned), powers smart contracts and dApps, enables bridging to other chains, and supports validator rewards, staking and step-based incentives.
Part of a dual-token system, XL1 runs the chain while XYO powers the contributor network of 10M+ DePIN nodes, delivering trusted data for AI, RWA, geospatial intelligence and location-based gaming.
Please note:
- Trading via Kraken App and Instant Buy will be available once the liquidity conditions are met (when a sufficient number of buyers and sellers have entered the market for their orders to be efficiently matched).
- Geographic restrictions may apply
Will Kraken make more assets available?
Yes! But our policy is to never reveal any details until shortly before launch – including which assets we are considering. All of Kraken’s available tokens can be found here, and all future tokens will be announced on our Listings Roadmap and social media profiles. Our client engagement specialists cannot answer any questions about which assets we may be making available in the future.