![Pundi X [new]](https://cryptoslate.com/wp-content/themes/cryptoslate-2020/imgresize/timthumb.php?src=https://cryptoslate.com/wp-content/uploads/2017/10/pundix-logo.jpg&w=20&h=20&q=75){kind=logo}
Rank #1389
KILO KiloEx
KILO Price
$0.02256
+0.34% Market Cap
$4.78M
24H Volume
$4.96M
Circ Supply
211.7M
KILO Explorer & Contracts
KiloEx Info
KiloEx is redefining decentralized trading by offering a robust, user-centric platform for perpetual futures across a diverse range of assets. The platform integrates advanced risk management, multi-chain support, and a dual-token economy to deliver a seamless trading experience for both retail and institutional participants.
Core Features of KiloEx
- Perpetual Futures Trading: KiloEx enables trading of perpetual contracts without expiry dates, covering cryptocurrencies, forex, commodities, and indices. Traders can leverage positions up to 125x, enhancing capital efficiency.
- Peer-to-Pool Model: Utilizing a peer-to-pool mechanism, KiloEx ensures deep liquidity and minimizes slippage, providing a more efficient trading environment.
- Multi-Chain Deployment: The platform operates across multiple blockchains, including BNB Chain, opBNB, Base, Manta, Taiko, and B² Network, offering users flexibility and lower transaction costs.
- Self-Custody and On-Chain Execution: Trades are executed directly from users’ wallets, maintaining full control over assets and eliminating counterparty risks associated with centralized exchanges.
- Advanced Security Measures: KiloEx has undergone multiple audits to ensure the platform’s integrity and user fund safety.
The KILO and xKILO Token Economy
KiloEx operates a dual-token system:
- KILO: The native utility token with a total supply of 1 billion, used for trading, governance, and staking.
- xKILO: A non-transferable token obtained by staking KILO, granting holders access to revenue sharing, VIP privileges, and participation in the platform’s Hybrid Vault.
Key utilities include:
- Revenue Sharing: xKILO stakers receive a portion of the platform’s trading fees, promoting long-term engagement.
- Governance Participation: KILO holders can vote on proposals, influencing the platform’s development and policies.
- VIP Privileges: Staking xKILO unlocks benefits like reduced trading fees and early access to new features.
Innovative Trading Features
- Hybrid Vault System: Allows liquidity providers to deposit various assets (e.g., USDT, USDC) to earn returns and participate in platform revenue distribution.
- Fast Trading Mode: Enables one-click trading without wallet confirmations for each transaction, streamlining the trading process.
- Median Spot Price Mechanism: Utilizes median pricing to prevent flash crashes and ensure fair trade execution.
- Referral Program: Offers multi-level commission structures, rewarding users for bringing new traders to the platform.
Roadmap and Future Developments
KiloEx has outlined an ambitious roadmap, including:
- Copy Trading: Introducing decentralized copy trading to allow users to follow and replicate strategies of successful traders.
- Mobile Application: Launching a mobile app to enhance accessibility and user experience.
- AI Trading Assistance: Developing AI-driven tools to assist traders in making informed decisions.
- Gasless Trading: Implementing features to reduce or eliminate gas fees, lowering the barrier to entry for users.
Conclusion
KiloEx stands out in the decentralized exchange landscape by combining high leverage trading, multi-asset support, and a user-friendly interface with robust security measures. Its innovative token economy and commitment to continuous development position it as a formidable player in the DeFi space.
KiloEx News
All images, branding and wording is copyright of KiloEx. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.