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Kraken 2 is an exchange-operated Solana validator running 6,611,593 SOL of activated stake at epoch 971, equal to 0.428% of network stake (per Stakewiz). Vote account 51JBzSTU5rAM8gLAVQKgp4WoZerQcSqWC7BitBzgUNAm; identity account CAo1dCGYrB6NhHh5xb1cGjUiu86iyCfMTENxgHumSve4.

Identity

Kraken 2 is operated by the Kraken exchange and is described on its on-chain Stakewiz entry as the "Kraken Exchange validator." The numeric suffix "2" indicates this is one of several Kraken-operated validator instances. The validator is the on-chain endpoint for SOL delegated through Kraken's staking product, in which exchange customers stake SOL held in custody on the platform. As with other exchange-operated validators, the underlying SOL is held by Kraken on behalf of users rather than self-custodied by the staker, which is a different trust model from delegating from a self-custodied wallet to a third-party validator.

Performance metrics

  • Wiz Score: 42.70 at epoch 971 (per Stakewiz).
  • 30-day trailing skip rate: 0.063% (Stakewiz wiz_skip_rate, epoch 971) vs. 0.14% network median per Stakewiz cluster statistics.
  • Vote success: 99.55%; credit ratio under Timely Vote Credits: 99.7% at epoch 971.
  • Delinquency status: not delinquent at the epoch 971 snapshot.
  • Uptime: 100% per Stakewiz.

Economics

  • Base commission: 10% at epoch 971.
  • Jito MEV commission: 10% (1000 bps) at epoch 971.
  • Total APY: 5.32% (epoch 971, including Jito MEV rewards, per Stakewiz).
  • Staking APY component: 5.20%; Jito MEV APY component: 0.12%.
  • The 10% base commission is above the 5% SFDP cap; the 10% Jito MEV commission is at the SFDP cap ceiling — see Delegation programs below.

Infrastructure

  • ASN: AS1072 (Stakewiz ip_org: "Waverly Community Schools") — the ip_org field appears to reflect stale or reassigned ASN ownership records returned by Stakewiz's IP lookup rather than the actual hosting provider; the ASN number itself is the authoritative identifier.
  • Datacenter location: London, United Kingdom.
  • Validator software version: Agave 3.1.14 at epoch 971 (per Stakewiz version).

Decentralization signals

  • ASN concentration: 0.69% of network stake on AS1072 (per Stakewiz, epoch 971) — well below the SFDP 25% ASN concentration threshold that took effect May 1, 2026.
  • City concentration: 4.24% of network stake in London.
  • The ip_org mismatch noted in Infrastructure is a data-source quality flag rather than a decentralization signal: the ASN number and stake-concentration figure are well-defined; the provider-label field returned by Stakewiz is the unreliable element.

MEV policy

Kraken 2 runs the Jito client (is_jito: true per Stakewiz), making it MEV-enabled and able to earn rewards through the Jito Block Engine. Jito MEV commission of 10% (1000 bps) is retained by the operator at epoch 971; the remaining 90% of bundled MEV revenue passes to stakers. Structurally this means stakers receive a Jito MEV contribution to total APY (0.12 percentage points at epoch 971) net of the 10% take.

Delegation programs

The 10% base commission exceeds the SFDP base-commission cap of 5%, placing Kraken 2 outside SFDP eligibility on commission grounds at epoch 971. The 10% Jito MEV commission is at the SFDP Jito MEV cap ceiling (≤10% required); the base-commission breach is the binding constraint here. Activated stake of 6,611,593 SOL is also above the 1,000,000 SOL ceiling at which Foundation residual and matching delegation are withdrawn — the validator would not receive Foundation stake regardless of commission. Stake distribution is driven by Kraken's exchange-staking product rather than external stake pool inclusion. For live performance, see solana-scout.

Stake history

Activated stake at epoch 971: 6,611,593 SOL = 0.428% of network. The stake here is custodial — sourced from exchange users who hold SOL on Kraken and opt into the staking product, rather than from external self-custodied stakers. Historical stake-trend queries were not performed for this entry.

Operator homepage

Operator homepage: https://www.kraken.com/