We’re thrilled to announce that NIL, TERM and WAL are now available for trading on Kraken!
Funding and trading
NIL, TERM and WAL trading will be live as of 12:00 UTC today, Mar 27, 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 these assets:
Nillion Network (NIL)
NIL is the utility token of Nillion, a decentralized network for blind computation on sensitive data. It powers secure storage, incentivizes node participation and grants access to cryptographic services. NIL enables builders to create privacy-preserving apps — from private AI to secure healthcare workflows — without exposing or decrypting high-value, sensitive data.
Term Finance (TERM)
TERM is the native token of Term Finance, a fixed-rate non-custodial lending protocol on Ethereum. TERM supports decentralized auctions that match borrowers and lenders at transparent, market-set rates. It enables governance, incentivizes participation and may reward liquidity. TERM underpins a scalable, trustless system designed to bring fixed-rate lending to DeFi.
Walrus Protocol (WAL)
WAL is the native token of Walrus Protocol, a blob-based data storage solution on the Sui blockchain. WAL powers a secure, efficient and scalable storage layer using advanced encoding to minimize replication costs while preserving data integrity. It supports Dapps needing high-reliability storage across decentralized, disruption-resilient environments.
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.
