Exchange connection state reference

Connecting Kraken · Last updated 2026-05-13

Operational meaning and recovery path for each Kraken connection state.

PENDING

Connection request received but not yet validated.

Handshake and key checks are in progress.

Connection is healthy and usable for deployments.

Connection partially available; performance or reliability is reduced.

Connection is unavailable. Deployments may pause or degrade.

API key permissions do not meet trade-only requirements.

Credentials are no longer valid or were rotated/revoked.

Exchange limits were reached and request throughput is temporarily reduced.

Unexpected validation or runtime error needs intervention.

Connection is intentionally paused by platform controls.