Partial sample; excluded from whole-exchange rankings.
Risk and health
Risk scoreNot ratedHigher means more pressure.
Health scoreNot ratedHigher means stronger trading conditions.
Trading contraction; buy–sell gap 0.03%; 7-day trading change +2.5%
Market evidence: 2026-09-08. Scores calculated: 2026-09-15. Evidence confidence: 45/100. These indices do not measure the probability of failure or prove solvency.
Kraken
Shows Kraken trading, money movements and published company records.
Global order-book comparison: Below the measurement gate
partial read; ticker-page limit reached The company records and other readings below can still be useful.
How much can this reading tell us?
Confidence in the evidence available for this page. It is not a safety rating or a chance of survival.
Data coverage · Tier 2 · 13 of 20 core questions have evidence (65%). This tier measures available information, not exchange health. Some evidence is partial or historical.
45/100
Evidence confidence
Evidence confidence
Where the evidence is strongest
Coverage is limited to 20 core questions. It does not cover every exchange risk, wallet behaviour or trading-quality check.
Money held, money moving.
A useful reading even when wider market coverage is incomplete.
June 30 snapshot is dated; stablecoin values are displayed as 105%+ and must remain lower bounds. Kraken warns product changes and custodial classifications can change ratios across periods. This does not measure September reserve coverage.
What the dated reserve report said.
Report date: 2026-06-30 snapshot. Published reserve ratios. These figures describe that snapshot, not current balances.
Disclosed assets divided by included customer balances.
Disclosed assets divided by included customer balances.
Disclosed assets divided by included customer balances.
Disclosed assets divided by included customer balances.
Disclosed assets divided by included customer balances.
Company documents and useful links
These are company publications. A link establishes that material is published; it does not verify every claim in it.
2026-06-30 snapshotTrading feesSecurityReserve materialTrading and disclosure.
All trading is valued in Bitcoin. The latest seven-day average is compared with the previous seven days, where both periods are available. Its change can differ from trading measured in dollars.
A published record shows what the company says or reports. Its scope matters.
A closer look at Kraken.
Open a group for company records, operating details and the gaps that still matter.
What supports this company view
Available evidenceTrading size, Depth, Price gap, Book balance, Largest pair, Bitcoin share, Market breadth, Pair coverage, Seven-day history, Thirty-day history, Direct reserve material, Customer balance scope, Dated per-asset reserve ratios13 of 20 questions
Customer balances and company debtsCustomer balances in the in-scope assets at the selected review dateRead the scope
Questions still openTracked assets, One-day flow, Seven-day flow, Thirty-day flow, Disclosure frequency, Measured withdrawal completion, Measured service interruptionsExcluded from conclusions
What could change the reading?A deeper book can disappear; transfers can be custody changes; a reserve report covers its stated date and scope. Repeated measurements and matched company reports strengthen the evidence.Follow the change
Recent reporting.
Reporting could not be searched in this edition.