Kraken lists ZAMA token for trading with support for confidential smart contracts
Deposits and trading live and trading via app pending liquidity conditions
Kraken has made the ZAMA token available for trading on its platform, with deposits and trading active from 2 February.
The exchange said users can deposit ZAMA by selecting the asset in the Funding section and choosing "Deposit". It warned that deposits must be made using networks supported by Kraken, as transactions on unsupported networks will result in permanent loss of funds.
ZAMA powers the Zama Confidential Blockchain Protocol, which enables confidential smart contracts across any Layer 1 or Layer 2 network using fully homomorphic encryption (FHE). According to Kraken, Zama keeps onchain data encrypted throughout processing, using dedicated coprocessors to offload FHE computation from the base chain. This design reduces gas fees while supporting horizontal scalability and public verifiability.
The ZAMA token is required for encryption, decryption, bridging and for staking roles as either operator or delegator within the protocol.
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Kraken said trading through the Kraken App and Instant Buy will be enabled once liquidity thresholds are met. Geographic restrictions may apply.
The company added that more asset listings are planned, but will not be announced until shortly before launch. Users were directed to Kraken’s Listings Roadmap and social media channels for updates. Support teams will not provide advance information about upcoming listings.
The Recap
- Kraken opened trading for the ZAMA token on 2 February.
- Deposits must be made via networks supported by Kraken.
- App and Instant Buy open once liquidity conditions are met.
