Kraken has launched Mounted Charge Rewards, a brand new addition to its Kraken Earn platform that lets eligible purchasers lock in a set yield of as much as 6% APY on money and stablecoin balances. Introduced on 3 September 2026, the product is constructed round predictability: purchasers select a time period, agree on a price, and preserve that price for its whole length, with rewards compounding weekly into their allocation.
How Mounted Charge Rewards Work
Purchasers choose a lockup time period of three, six, twelve or eighteen months, with longer phrases usually carrying larger charges. As soon as a price is locked in, later market actions have an effect on solely new allocations, not the one already dedicated. Rewards compound weekly, and an opt-in auto-renew characteristic rolls balances over at maturity utilizing the prevailing price for a similar time period; if auto-renew is switched off, funds are merely returned when the time period ends. Kraken positions the product as a simple means for holders to place idle money and stablecoins to work.
Phrases, Belongings and Availability
Mounted Charge Rewards helps eligible fiat balances in US {dollars} and euros, alongside the stablecoins USDT, USDC and USDG. It’s accessible within the Kraken Shopper and Professional apps on internet and cell, although participation is topic to geographic and eligibility restrictions and the product will not be provided in each market. In the US, entry is proscribed to accredited buyers. The providing sits inside Kraken Earn, the change’s hub for yield-generating merchandise, and joins the agency’s broader push into banking-adjacent companies for crypto customers.
A Predictable Yield Play for Kraken
For Kraken, the launch extends a run of product updates geared toward retaining retail and institutional purchasers on-platform, following strikes resembling elevating ETH/USD margin leverage to 20x and a banking tie-up with SoFi. John Zettler, Kraken’s Director of Product for Earn and Commerce, framed the shift as a response to demand for certainty: “Many Kraken purchasers holding money or stablecoins need the identical factor: a transparent, fixed-rate yield on that money.” By locking charges fairly than letting them drift, the change is betting that predictable rewards will resonate with savers who need a regular return with out the surprises of variable-yield merchandise.
