Kraken Lists SODA Token for Trading
Kraken enables SODA deposits and trading on the Sonic network, with app and Instant Buy to follow once liquidity conditions are met.
Kraken announced that SODA (SODAX) is available for trading on its platform as of August 14, 2026. Funding and trading are live, and users can deposit SODA via the Funding page. The token trades on the Sonic network; deposits on other networks will be lost. Kraken App and Instant Buy will be enabled once liquidity conditions are met. No action is required from users unless they wish to trade or deposit SODA.
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SODA is available for trading on Kraken as of August 14, 2026.
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Funding and trading are live; deposits can be made via the Funding page.
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SODA trades on the Sonic network; deposits on other networks will be lost.
Key facts
- SODA is available for trading on Kraken as of August 14, 2026.
- Funding and trading are live; deposits can be made via the Funding page.
- SODA trades on the Sonic network; deposits on other networks will be lost.
- Kraken App and Instant Buy will be available once liquidity conditions are met.
- SODA migrates 1:1 from $ICX with a capped maximum supply of 1.5 billion tokens.
- Geographic restrictions may apply to trading SODA.
Key timeline
Kraken announces SODA is available for trading.
Funding and trading for SODA go live.
Who may be affected
- Kraken users who wish to trade or deposit SODA.
- Users holding $ICX who may consider migration to SODA (1:1).
Impact analysis
The listing enables Kraken users to deposit and trade SODA on the Sonic network. Users must ensure they deposit on supported networks to avoid loss. Trading via Kraken App and Instant Buy is delayed until liquidity conditions are met, so users relying on those methods may need to wait. The migration from $ICX to SODA at 1:1 is mentioned, but the announcement does not specify how or when migration occurs on Kraken. Geographic restrictions may limit availability for some users.
What the announcement does not say
The announcement does not specify when Kraken App and Instant Buy will be enabled, the exact geographic restrictions, or the process and timeline for $ICX to SODA migration on Kraken.
Risk notes
- Deposits made on unsupported networks will be lost.
- Trading via Kraken App and Instant Buy is not yet available; only the main platform supports trading.
- Geographic restrictions may apply, potentially limiting access for some users.
- This article is for verification of official exchange announcements only and does not constitute investment or trading advice.
This article is for information only and is not investment, legal, or tax advice. Digital assets are volatile and may result in loss of principal.
Frequently asked questions
How do I deposit SODA on Kraken?
Navigate to Funding, select SODA, and hit 'Deposit'. Ensure you deposit on the Sonic network, as other networks are not supported.
When will SODA be available on the Kraken App and Instant Buy?
The announcement states these will be available once liquidity conditions are met, but no specific date is provided.
Official sources
Collected material is used only for fact checking. If this page differs from the original announcement, the official page controls.