{"id":339745,"date":"2023-08-31T10:15:37","date_gmt":"2023-08-31T04:45:37","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=339745"},"modified":"2023-08-31T10:01:33","modified_gmt":"2023-08-31T04:31:33","slug":"core-quickswap-members-launch-50x-leverage-on-kava-chain","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/core-quickswap-members-launch-50x-leverage-on-kava-chain\/","title":{"rendered":"Core Quickswap members launch 50x leverage on Kava Chain"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Kinetix&#8217;s innovative Perpetual Market allows users to leverage trade on the Kava Chain. The Perpetual Market meets the rising demand for decentralized trading solutions, offering users leveraged exposure to crypto assets like KAVA, axlETH, axlWBTC, ATOM, and USDt all while ensuring utmost transparency and security.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">&#8220;The Perpetual Market is not just another trading platform \u2014 it is a reflection of Kinetix&#8217;s dedication to providing decentralized solutions that empower our users. With this platform, we&#8217;re offering a unique, secure, and efficient way to leverage trade on the Kava Chain,&#8221;<\/span><\/i><span style=\"font-weight: 400;\"> said Kinetix team lead Alexi Atlas.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the heart of Kinetix&#8217;s Perpetual Market is the distinctive liquidity pool system, KLP. LPs can offer any of the initial five supported assets: KAVA, axlETH (ETH), axlBTC (BTC), ATOM, and USDT. In return for contributing these tokens, participants receive KLP, a special liquidity token representing the entire basket. This decentralized structure, combined with the protocol&#8217;s AMM, facilitates leverage trading, allowing users to borrow based on the value of their collateral.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cKinetix&#8217;s Perpetual Market boasts a suite of features tailored to cater to sophisticated DeFi users. Its decentralized nature guarantees that positions of any size can be taken with clarity and safety,\u201d<\/span><\/i><span style=\"font-weight: 400;\"> said Scott Stuart, Kava Chain Co-founder. <\/span><i><span style=\"font-weight: 400;\">\u201cAnd the KLP token is a nod to traditional liquidity pool systems, ensuring familiarity and ease of use for traders.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">For more updates, follow <\/span><a href=\"https:\/\/twitter.com\/KAVA_CHAIN\"><span style=\"font-weight: 400;\">Kava Chain<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><span style=\"font-weight: 400;\">Kinetix Finance<\/span><span style=\"font-weight: 400;\"> on X (fka Twitter).<\/span><\/p>\n<p><strong>About Kava<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide.<\/span><\/p>\n<p><strong>About Kinetix<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Kinetix Finance is building a DeFi Hub featuring perpetual futures trading and the most sophisticated trading instruments on Kava, connecting the major building blocks of decentralized finance. Your best trade, every trade.<\/span><\/p>\n<p><strong>Disclaimer: This is a paid post and should not be treated as news\/advice.\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. The Kinetix Finance perpetual exchange is tailored for users eager to leverage trade without the limitations of traditional centralized exchanges. Kinetix&#8217;s innovative Perpetual Market allows users<a href=\"https:\/\/ambcrypto.com\/core-quickswap-members-launch-50x-leverage-on-kava-chain\/\">Continue reading <span class=\"sr-only\">&#8220;Core Quickswap members launch 50x leverage on Kava Chain&#8221;<\/span><\/a><\/p>\n","protected":false},"author":39,"featured_media":339746,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[18,2],"tags":[],"class_list":["post-339745","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hide-cryptopanic","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Core Quickswap members launch 50x leverage on Kava Chain - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/core-quickswap-members-launch-50x-leverage-on-kava-chain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Core Quickswap members launch 50x leverage on Kava Chain - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Multiple core contributors of Quickswap, celebrated for their success on Polygon, have launched their next venture: Kinetix Finance on Kava Chain. 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