Update
Kraken Cancels 176 Trading Pairs with Synthetic Markets
Kraken, a cryptocurrency exchange, will replace 176 trading pairs with synthetic markets starting November 6. Existing orders will be canceled and the native markets removed between November 6 and November 9. Customers must submit fresh orders as existing instructions will not transfer. The changes affect pairs including BTC/DAI, ETH/JPY, AAVE/BTC, ADA/AUD, and SHIB/USDT. The migration changes how customers execute trades across the affected markets, replacing traditional order books with a system that routes transactions through existing liquidity pools.