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KTX.Finance
KTX.Finance is a decentralized derivatives exchange offering on-chain trading of perpetual contracts with up to 100x leverage. It provides a trading experience with no slippage and no counterparty risk, with trades secured by its KLP liquidity pool.
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Description
KTX.Finance is a decentralized derivatives exchange that allows users to trade perpetual contracts for various cryptocurrencies like BTC, ETH, BNB, and others with up to 100x leverage. The platform operates completely on-chain, aiming to provide a trading experience without slippage or counterparty risk. Trades are secured by the KLP pool, which is composed of a basket of assets and acts as the counterparty to all traders. Liquidity providers can contribute to the KLP pool and earn 70% of the platform's trading fees. The platform emphasizes physical settlement, where winning long trades are paid in the underlying asset and short trades in USDT. KTX.Finance is backed by various investors and has multiple ecosystem partners.Grant Funding
VC Funding
None
2023
$0
$4M