The decentralized derivatives exchange KTX has surpassed a total trading volume of 1 billion dollars in three weeks since its test net launch

2023-01-29 16:07:51

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ChainCatcher news, the decentralized derivatives exchange KTX has surpassed a total trading volume of 1 billion USD on the BSC testnet. The KTX testnet went live on January 9, 2023, and since its launch, KTX has had over 1,200 unique addresses and more than 15,000 transactions. The KTX testnet will continue until the mainnet launch in the first quarter of 2023. Traders can earn rewards while trading on the KTX testnet.

It is reported that KTX is a decentralized derivatives trading protocol on the BNB chain, utilizing a single multi-asset pool to enable leveraged trading. Traders can use leverage of up to 50 times while enjoying low swap fees and no counterparty risk. Essentially, traders are trading against the KTX local liquidity pool or KLP pool. (Source link)

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