KiloEx (KILO)

KiloEx is developing a next-generation perpetual DEX optimized for risk management and capital efficiency. It offers traders fast execution, real-time market tracking, Liquid Staking Derivatives Finance (LSTfi) integration, and an intuitive experience while offering liquidity providers with risk-neutral positions and LP-friendly solutions. 

⚙️ Main features: 

One of the main features of KiloEx is One-Click Trading (1CT), enabling faster order execution through a pre-funded gas fee system. Users can withdraw funds anytime and securely access their 1CT wallet across multiple devices with a single PIN.

KiloEx io is built around its peer-to-pool perpetual trading model, allowing users to trade perpetual contracts directly with one another without relying on traditional order books or central intermediaries. This direct matching of traders reduces slippage and enhances trading efficiency, delivering a smooth experience for both retail and institutional users.

This is mainly achieved by introducing the KiloEx Vaults. They allow users to earn passive income by providing liquidity with $USDT, $USDC, or other mixed assets, sharing 30% of the platform’s revenue. The upgraded Hybrid Vaults enhance flexibility by supporting multiple asset types, each with an adjustable Loan-to-Value (LTV) ratio to manage risk efficiently. Read more info in KiloEx docs.

🪙 KiloEx Token: The entire KiloEx ecosystem is built around its native token $KILO and its illiquid version $xKILO that users can mint 1:1 with $KILO. $KILO is mainly used for token transfers and rewarding active community members meanwhile its illiquid version will be used for revenue sharing and staking to get a part of the platform’s revenue. 

It has already confirmed 2 Seasons of KiloEx Airdrop: Genesis and Pioneer. Up to July 17, 2024, users had an opportunity to share a total of 50M $KILO in Genesis Season. Since the snapshot of the 1st Season, the Pioneer Phase began. It will last up to 180 days post-TGE, with a total of 35M $KILO to be airdropped. The 1.5% bonus allocation will be distributed to users who interacted with KiloEx before March 16th at 09:00 UTC.

 

Considering the ongoing airdrop campaign and an upcoming KiloEx TGE, our team completely analyzed the project, revealing its pros and cons:

✅ KiloEx pros:

• Good concept and design of the product;
• Unique token utility feature adding more fundamental value to the token - revenue sharing
• YZi Labs (Binance Labs) is a Backer;
• Decent Partners ecosystem (Binance Wallet, OKX Wallet, Manta)
• High Growth Marketing score;
• Top-tier experienced team (OKX, Bitget);
• Low Token Inflation Rate (0,58% monthly for six months);
• Above-average PR and SMM performance.

❌ KiloEx cons:

• Below-average Marketing Infrastructure and SEO performance;
• No info on FDV and Initial Circulation Supply;
• An undisclosed amount of funds was raised.