Kraken

The Kraken is a Hardmode yoyo with a 1 in 200 drop chance from any enemy inside the post-Plantera Hardmode Dungeon. It has a throwing length of 25 blocks. It is the third highest tier yoyo there currently is in the game. It is one of the few yoyos that is able to be thrown and stay in the air forever. Its best modifier is Godly. When it is thrown out, there is a visible motion blur that most other yoyos do not have.

Trivia

 * The Kraken is a legendary sea monster said to dwell off the coasts of Norway and Greenland.
 * The Kraken does not count towards the Robbing the Grave achievement.