Kraken Prop Boosts Leverage Across Key Assets

Kraken Prop has increased leverage limits for several assets on its platform. The changes include raising the leverage limit for Bitcoin (BTC) and the Nasdaq 100 index from 5x to 10x, with notional limits reset to $1 million each.

The S&P 500 index also saw a boost in leverage, increasing to 10x with notional limits doubled to $2 million. Additionally, Solana (SOL) and HYPE have seen their leverage limits increased as well, allowing up to 5x leverage for SOL and 3x for HYPE.

The increased leverage will make trading more capital-efficient, requiring lower margin for the same amount of position in most accounts below the notional cap. This means that traders can now access larger positions with smaller amounts of funds.