PANews, June 18 – According to The Block, Kraken has announced the launch of on-chain DEX trading based on the Solana ecosystem within its core mobile app. Users can now directly access thousands of Solana tokens through the Kraken app and purchase them using USD or USDC balances. This feature is supported by wallet infrastructure provided by Kraken and Privy, along with multiple Solana DEX protocols. DEX assets will be displayed alongside CEX assets and traded through the standard buy/sell interface. Kraken plans to extend this DEX integration to more public blockchain ecosystems in the future, calling the move part of its "DeFi mullet" strategy: maintaining a centralized, streamlined front-end interface while connecting to decentralized tools in the backend, thereby lowering technical barriers such as bridge usage and gas fees for users.