According to official announcements, Kraken’s tokenized U.S. stocks platform, xStocks, has launched the xPoints rewards program. Users can earn points by holding tokenized assets on xStocks, providing liquidity, and participating in the lending market, with the highest point weights assigned to liquidity provision. Early wallet binders and users who refer new participants receive additional point bonuses. Byreal and Orca are the first on-chain DeFi protocols to support this points program, offering the highest point multipliers for liquidity provided on their platforms. xStocks currently offers over 100 tokenized stocks and ETFs, each 1:1 asset-backed.
xStocks Launches xPoints Program with Byreal and Orca as Initial Chain-Supported Protocols
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Summary
xStocks, Kraken’s tokenized U.S. stock platform, has launched the xPoints program, a new on-chain rewards initiative that incentivizes users for holding tokenized assets, providing liquidity, or lending. Providing liquidity earns the highest points, with Byreal and Orca as the first DeFi protocols to support the program. Users who refer others or join early receive bonus points. xStocks offers over 100 tokenized stocks and ETFs, all 1:1 asset-backed. The program aims to increase engagement while reducing DeFi exploit risks through secure chain infrastructure.
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