name: Kraken Vocabulary
description: Domain vocabulary for Kraken Spot, Futures, NFT, and Earn APIs. Maps
  Kraken's operational primitives to schema.org and FIBO equivalents where applicable.
url: https://docs.kraken.com/api/
version: 1.0.0
concepts:
- term: Spot Exchange
  definition: The cash-settled cryptocurrency trading venue operated by Kraken under
    api.kraken.com.
  see_also: https://docs.kraken.com/api/docs/rest-api/get-server-time
- term: Futures Exchange
  definition: The derivatives venue operated by Kraken Futures (formerly Crypto Facilities)
    under futures.kraken.com.
  see_also: https://docs.kraken.com/api/docs/futures-api/trading/get-accounts
- term: Asset
  definition: A tradable currency (fiat or crypto) recognized by Kraken. Identified
    by altname (e.g. XBT, ETH, USD).
  schema_org: schema:DefinedTerm
- term: Asset Pair
  definition: A market pair combining a base asset and a quote asset (e.g. XBTUSD).
  schema_org: schema:ExchangeRateSpecification
- term: Ticker
  definition: A snapshot of the latest bid/ask, last trade, 24h volume/VWAP/high/low,
    and price change for an asset pair.
  schema_org: schema:QuantitativeValue
- term: Order Book
  definition: The aggregated bid and ask depth for an asset pair at a given moment.
  fibo: fibo:FBC/ProductsAndServices/FinancialProductsAndServices/OrderBook
- term: OHLC Candle
  definition: Open/High/Low/Close/Volume/Count aggregate for a fixed interval (1m,
    5m, 15m, 1h, 1d, etc.).
- term: Order
  definition: A standing or filled instruction to buy or sell a quantity of an asset
    pair at a specified type and price.
  fibo: fibo:FBC/ProductsAndServices/FinancialProductsAndServices/Order
- term: Order Type
  definition: 'The execution style of an order. Supported types: market, limit, iceberg,
    stop-loss, take-profit, stop-loss-limit, take-profit-limit, trailing-stop, trailing-stop-limit,
    settle-position.'
- term: Order Side
  definition: buy or sell.
- term: Time In Force (TIF)
  definition: 'Order lifetime constraint: GTC (good till cancelled), IOC (immediate
    or cancel), GTD (good till date).'
- term: Cancel On Disconnect
  definition: Connection-level setting that auto-cancels all open orders when the
    trading session terminates.
- term: Dead Man's Switch
  definition: Server-side timer (CancelAllOrdersAfter) that cancels every order after
    a timeout unless re-armed.
- term: Self-Trade Prevention
  definition: 'stp_type setting that prevents an account''s resting and incoming orders
    from crossing each other. Modes: cancel-newest, cancel-oldest, cancel-both.'
- term: Trade
  definition: A completed fill resulting from one or more orders crossing the book.
- term: Position
  definition: An open margin or futures exposure not yet settled or closed.
  fibo: fibo:FBC/ProductsAndServices/FinancialProductsAndServices/Position
- term: Trade Balance
  definition: Aggregate margin balance, equity, margin used, margin level, and unrealized
    P&L for a margin or futures account.
- term: Ledger Entry
  definition: A single immutable accounting record (deposit, withdrawal, trade, fee,
    transfer, allocation, deallocation, staking).
- term: Funding Method
  definition: The rail used to deposit or withdraw an asset (e.g. Bitcoin, FedWire,
    SEPA, ACH).
- term: Withdrawal Key
  definition: A user-configured, named destination address that withdrawals must target.
- term: Subaccount
  definition: A logically separate account beneath a master account, usable for risk
    segregation and team structuring.
- term: Earn Strategy
  definition: A staking/yield product (flex, bonded, timed, instant) that accepts
    allocations of a specific asset and pays a documented APR range.
- term: Earn Allocation
  definition: Funds committed to a specific Earn strategy. Tracked as bonding, allocated,
    unbonding, rewards.
- term: WebSocket v2 Channel
  definition: A named real-time data feed (ticker, book, ohlc, trade, instrument,
    executions, balances) consumed via subscribe/unsubscribe.
- term: WebSockets Token
  definition: Short-lived (15m) authentication token returned by REST /private/GetWebSocketsToken,
    required to authenticate private WS subscriptions.
- term: API Counter
  definition: Server-side per-key rate-limit counter that increments per call and
    decays at a tier-dependent rate.
- term: Maker / Taker Fee
  definition: Per-trade fee assessed differently based on whether the order added
    liquidity (maker) or removed it (taker).
- term: 30-Day Volume Tier
  definition: Trailing 30-day USD-equivalent traded volume used to determine which
    maker/taker fee rate applies.
- term: Colocation Endpoint
  definition: Low-latency host (colo-london.*) available to VIP/institutional clients
    for Spot, Futures, FIX, and WebSocket access.
- term: FIX Session
  definition: Persistent TCP session using the FIX 4.4/5.0 SP2 protocol for institutional
    order routing and market data.
- term: Embed Surface
  definition: B2B integration API exposed via embed.kraken.com that lets partners
    offer Kraken trading, custody, and Earn primitives to their users.
- term: OAuth Application
  definition: Third-party app registered with Kraken's OAuth 2.0 server, capable of
    receiving scoped delegated access tokens.
- term: MCP Tool
  definition: Model Context Protocol tool exposed by the Kraken CLI (or community
    krakenfx-mcp) that lets LLM agents call Kraken endpoints.