KTX.Finance, an on-chain decentralized trading protocol that utilizes a unique multi-asset liquidity pool, joins Mantle Ecosystem’s growing list of elite decentralized finance (DeFi) platforms. With KTX.Finance, users are able to access efficient trades and enhanced liquidity as the protocol leads the charge in the on-chain derivatives trading scene.
A Secure DEX With CEX Efficiency
For traders who have jumped on the DeFi bandwagon but prefer the user experience of a centralized exchange (CEX), KTX.Finance offers low swap fees, fast execution and a robust financial ecosystem in a decentralized environment. It bridges the gap between seemingly complex decentralized platforms, and the efficiency and preferred user experience of centralized exchanges with which a majority of users are more familiar. Mantle Network was built to support advanced dApps by providing the underlying modular infrastructure to hyperscale performance, leading to lower fees on a network that derives its security from Ethereum.
Boosting Liquidity
With their multi-asset liquidity pool, KTX.Finance’s liquidity providers (LPs) are able to provide liquidity with several assets in exchange for their LP token, $KLP. The KLP liquidity pool consists of 50% stablecoins in $USDT, and 50% blue-chip assets in $ETH and $BTC.
Enhancing $MNT Use Cases
KTX.Finance will be introducing incentivized campaigns where gas fees and reward distributions are paid out in the $MNT token. $MNT will also soon feature in the multi-asset KLP liquidity pool.
“KTX.Finance is thrilled to announce its upcoming launch on Mantle, aiming to bolster the expansion of Mantle's DeFi ecosystem and contribute to the decentralization of Mantle Network,” said Kevin Liang, CEO at KTX.Finance.
"We want Mantle Network to be the network of choice for builders when it comes to innovative DeFi projects and we are thrilled to see KTX.Finance deploy their perpetuals trading platform on Mantle. Our network's ability to hyperscale at a low cost while ensuring high security will give new life to DeFi derivatives that are already very popular amongst traders and the larger DeFi community," said Arjun Kalsy, head of ecosystem at Mantle.
Learn how you can #BuildonMantle with in-depth guides and tutorials on our docs and blog, and if you’re interested in deploying your project on Mantle, reach out via our ecosystem intake form. Don’t forget to check out our Ecosystem hub, where dApps built on Mantle are featured!
