Kinetix Finance, a venture from the core contributors of Quickswap, has launched their next project on Kava Chain. Kava Chain is a Layer-1 blockchain that combines the power of Ethereum with the speed and interoperability of Cosmos. Kinetix’s Perpetual Market allows users to leverage trade on the Kava Chain with five supported assets: KAVA, axlETH (ETH), axlBTC (BTC), ATOM, and USDt. The liquidity pool system, KLP, is at the heart of the Perpetual Market and allows users to borrow based on the value of their collateral. Kinetix’s Perpetual Market offers a secure and efficient way to leverage trade on the Kava Chain. It boasts a suite of features tailored to sophisticated DeFi users, and its decentralized nature guarantees that positions of any size can be taken with clarity and safety. The KLP token is a nod to traditional liquidity pool systems, ensuring familiarity and ease of use for traders.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. It is committed to fostering innovation and growth, and is a trusted choice for developers and users worldwide. 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.

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Information	Details
Geography	North America
Countries	🇰🇾
Sentiment	positive
Relevance Score	8
People	Scott Stuart, Alexi Atlas
Companies	Ethereum, Kinetix Finance, Kava Chain, KLP, Cosmos
Currencies	Ethereum, Kava, Bitcoin, Cosmos Hub, Tether
Securities	None