Kraken completes Aero migration and resumes AERO deposits and withdrawals
Kraken has converted AERO and VELODROME held on its platform to the new AERO on Base. AERO deposits and withdrawals have resumed; VELODROME is no longer supported.
Kraken Listings confirmed on November 9, 2026 that the Aerodrome (AERO) and Velodrome (VELODROME) migration to Aero is complete. AERO deposits and withdrawals have resumed. The exchange no longer supports VELODROME. Kraken's support page is for Kraken Global; it refers customers residing in Japan to Kraken's Japan site for notices.
How balances were converted
Kraken handled the conversion of tokens held on its platform. Each legacy AERO became one new AERO. Each VELODROME converted to approximately 0.044 AERO; Kraken's support document says the final amount can differ slightly because it uses the exact rate fixed in the on-chain contract. Holders on Kraken did not need to bridge or swap their tokens.
The AERO ticker stays, but the contract changes
Aerodrome on Base and Velodrome on OP Mainnet have merged into Aero. The resulting token uses the AERO ticker on Base with a new contract address. Kraken's support page lists the new contract as 0x3f5bF3EdAc59d650D8fDf9657a71F2f904A3a4Ee; the legacy contract was 0x940181a94a35a4569e4529a3cdfb74e38fd98631.
Before you deposit
Check the token and network shown in your Kraken deposit screen before sending funds. If you deposit AERO from an external wallet, compare its contract address with the new address above. Kraken paused AERO deposits and withdrawals, along with VELODROME funding and trading, on October 30, 2026 at 14:00 UTC and warned that deposits made after the pause began could be lost. The later announcement confirms that AERO funding has resumed, while VELODROME remains unsupported. Kraken's notice covers only assets held on Kraken; it does not explain how tokens in external wallets are migrated.
Sources
KRAKEN REFERRAL CODE 2026
| Product | Trading Rebate |
|---|---|
| Spot Trading | 20% |
| Margin Trading | 20% |
| Futures | 20% |
| Tokenized Equity | 20% |
| PTL Trading | 20% |
| Prop, first purchase | 20% |
| Rollover | 20% |
| Options | 20% |
Available rewards are confirmed during registration.
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