Kraken Adds HYPE (20% Haircut) and XAUT (40% Haircut) as Collateral, Total Hits 56

Kraken has added Hyperliquid (HYPE) with a 20% haircut and Tether Gold (XAUT) with a 40% haircut as eligible collateral for Margin, Derivatives, and Flexline on Kraken Pro, expanding the total to 56 currencies. First reported at 09:12 UTC and confirmed in a follow-up article at 12:14 UTC on May 15, 2026, the update boosts trader flexibility via diversified collateral, tax deferral potential, enhanced liquidity, and optimized leverage. Collateral for open positions remains reserved—non-withdrawable and non-tradable—with on-chain staked assets still ineligible, potentially increasing token utility modestly despite XAUT's high haircut.