Kraken just blurred the line between centralized and decentralized trading. The exchange launched embedded DEX trading directly inside its mobile app on May 12, powered by Jupiter, Solana’s dominant swap aggregator, giving verified users access to thousands of tokens that never made it onto Kraken’s traditional order books.
How the integration actually works
The feature relies on an embedded non-custodial wallet powered by Privy, a wallet infrastructure provider that handles key management behind the scenes. Users don’t need to create or manage a separate wallet. The app automatically generates one, and trades pull from existing Kraken balances.
Transactions settle in under a minute, which is standard Solana speed.
Only market orders are supported. There’s a 3% slippage tolerance baked in, which is generous by DEX standards and could eat into returns on less liquid pairs. The minimum trade size is $10.
