Quickswap Core Contributors Launch Kinetix Finance on Kava Chain
Multiple core contributors of Quickswap have launched their latest project, Kinetix Finance, on the Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. Kinetix Finance aims to provide decentralized trading solutions through its innovative Perpetual Market on the Kava Chain.
Key Points:
- Kinetix Finance’s Perpetual Market offers leveraged trading on the Kava Chain.
- The Perpetual Market allows users to trade with leverage and gain exposure to crypto assets like KAVA, axlETH, axlWBTC, ATOM, and USDt.
- The platform ensures transparency and security for users.
- Kinetix’s Perpetual Market utilizes a liquidity pool system called KLP, where participants contribute tokens and receive KLP tokens in return.
- The decentralized nature of the platform allows for safe and clear trading of any size.
Hot Take:
Kinetix Finance’s launch on the Kava Chain brings decentralized trading solutions to the crypto community. With leveraged trading and a unique liquidity pool system, Kinetix aims to empower users and provide a secure and efficient way to trade on the Kava Chain.
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