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Kraken will remove native tokens from Boca's largest DeFi platform

2026-08-29 00:16:01
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Kraken has included the Hydration Network's native token,$HDX, in its August 2026 removal plan, which means an action is underway against the well-known DeFi protocol in the Polkadot ecosystem. Trading and recharge functions will be suspended on September 11, 2026, and withdrawal services will be open until December 10, 2026. Balances that remain on the platform thereafter will face automatic clearing.

Controversial decision

The Hydration team disputed this. The agreement claimed that $HDX did not meet Kraken's announced removal criteria and pointed out that the exchange used wrong valuation methods. "Liquidity is improving, not deteriorating," the team said. According to the project party, the current trading price of $HDX is at a historical high in 3.5 years, and among the 21 tokens marked by Kraken in the August cycle, its 30-day trading volume ranks fourth, outperforming the 43% of other tokens launched on the exchange. Hydration has formally filed a complaint and sought direct dialogue with Kraken to clarify its position.

Kraken's removal process follows a consistent three-stage cycle in 2026: trading and top-up are suspended first, withdrawal is closed approximately three months later, and remaining balances are then automatically cleared. The exchange said the removal was part of its ongoing efforts to maintain a safe and high-quality trading environment, targeting assets that no longer meet internal performance or compliance standards.

What is Hydration?

In the Polkadot ecosystem, multiple Rollups focus on the DeFi space, while Hydration stands out with a powerful set of tools designed to help users maximize asset value and provide a variety of redemption, lending and DeFi policy management options. Its core functions include Omnipool, advanced strategies such as automatic fixed investment and over-the-counter trading, as well as asset lending capabilities. HDX is Hydration's governance and incentive token. Holders can exercise their voting rights in Hydration DAO and decide on agreed changes through a public referendum.

Hydration's appeal may set a precedent for the project party to challenge the exchange's decision to remove the stock market based on procedures or data. Currently,$HDX holders on Kraken need to take action before trading is suspended on September 11, 2026.

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