Migration complete
The migration of Fantom (FTM) to Sonic (S) has been completed on May 10, 2025.
In August 2024, Sonic Labs announced their intention to replace the Fantom (FTM) token with a new token, called Sonic (S), and to allow all existing FTM holders to convert to S at a fixed rate of 1 FTM : 1 S.
We are supporting this migration on behalf of Kraken clients by delisting FTM, converting all FTM on our platform to S, and then distributing S back to eligible users at the conversion rate of 1 : 1.
The S redemption rate and contract to redeem S are both independently provided and maintained by Sonic Labs.
What changed?
Delisting FTM
What's next?
Listing S
Having trouble finding an asset?
The asset you're looking for might have been delisted. Check out our Delistings section for the latest updates.
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