Kraken Prop Boosts Leverage to 10x Across Key Markets

Kraken Prop has increased leverage across its platform, allowing traders to take on more risk with less margin. The changes affect several major markets, including Bitcoin, the Nasdaq 100, and the S&P 500, which now offer up to 10x leverage.

The notional cap for these markets also increases, with the S&P 500's doubling from $1M to $2M. This means that buying power doubles at every account size for this market.

Other markets, such as SOL and HYPE, have also seen their maximum leverage increase, but by smaller margins.

The changes do not affect existing positions or open evaluations, which will continue under their original terms.