Kinetix Finance, a venture from the core contributors of Quickswap, has launched their next project on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. Kinetix Finance’s Perpetual Market allows users to leverage trade on the Kava Chain with crypto assets such as KAVA, axlETH, axlWBTC, ATOM, and USDt. The Perpetual Market is powered by the distinctive liquidity pool system, KLP. Liquidity providers can offer any of the five supported assets and receive KLP, a special liquidity token representing the entire basket. This decentralized structure, combined with the protocol’s AMM, facilitates leverage trading, allowing users to borrow based on the value of their collateral.Kinetix Finance is dedicated to providing decentralized solutions that empower users. The Perpetual Market offers a secure and efficient way to leverage trade on the Kava Chain. It boasts a suite of features tailored to cater to sophisticated DeFi users, ensuring clarity and safety for positions of any size. 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, making it a trusted choice for developers and users worldwide. For more updates, follow Kava Chain and Kinetix Finance on X (fka Twitter).

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Information	Details
Geography	North America
Countries	🇰🇾
Sentiment	positive
Relevance Score	9
People	Scott Stuart, Alexi Atlas, Guillermo Carandini
Companies	Ethereum, Kinetix Finance, Kava Chain, KLP, Cosmos
Currencies	Ethereum, Kava, Bitcoin, Cosmos Hub, Tether
Securities	None