Kraken Adds Avalanche Staking Rewards

Kraken Opens Up Avalanche Staking to Eligible Clients

Kraken has officially added Avalanche ($AVAX) staking to its platform, allowing eligible clients to earn rewards on their AVAX holdings. Clients can start earning in a few clicks, with no technical setup or maintenance required. Kraken manages all underlying infrastructure, including validator operations and reward distribution, backed by the platform's track record of operating staking services across proof-of-stake networks at scale.

Three Earning Options, Up to 10% APY

The service launches with three options. Bonded Staking offers rewards up to 10% APY for a limited time, then up to 7% APY. Auto Earn and Flexible Staking each offer up to 3.5% APY, with rewards automatically restaked to help grow holdings over time. The 10% bonded rate is promotional and will drop to 7% APY after the introductory period. AVAX Earn is available globally at launch, including the US (excluding New York and Maine residents), UK, EU, Canada, Australia, and additional markets.

John Zettler, Kraken's Director of Earn Products, said staking AVAX has always been possible but has historically required managing validators and technical complexity, adding that Kraken now runs the infrastructure on behalf of clients. Ava Labs Chief Business Officer John Nahas called the integration a meaningful step toward broader adoption, noting that it removes barriers that have limited users from engaging directly with the network.

Such staking integrations have become increasingly common as exchanges expand yield-based services tied to proof-of-stake networks. The move broadens Kraken's earn product suite that already sits alongside trading, custody, onchain access, and institutional services. As with any staking product, risks apply, including no guarantee of rewards, potential loss from slashing or hacks, and depreciation in the value of staked assets.

Sources:
Kraken official press release via Business Wire
Kraken Blog: AVAX Staking and Auto Earn