Kraken Reports Trading Access Problems Across Web, Mobile and API
An analyst separately speculated that alleged exposure of more than $130 million tied to Aave could create liquidity pressure. No liquidity crisis has been confirmed.

Kraken said customers were having trouble connecting to the platform and submitting orders through its website, mobile service and API.
After an Aave market pause, an analyst pointed to alleged Kraken exposure exceeding $130 million and speculated that the exchange might face liquidity pressure. The figure was presented as an alleged exposure, and the liquidity concern as a possibility; no liquidity crisis has been confirmed.
The service issue and the exposure claim describe different concerns for traders. The first concerns customer access and order submission; the second is an analyst’s assessment of possible pressure tied to the alleged Aave exposure.
The two developments place an operational issue and a financial-risk claim side by side for traders watching Kraken and Aave. Kraken’s connection issue involves web, mobile and API access. The analyst’s liquidity speculation followed the Aave market pause, but it did not confirm a liquidity crisis.