🌠Introduction
KTX.Finance offers leveraged trading opportunities on major trading pairs, providing users with the ability to trade assets such as BTC, ETH, BNB, and MNT with up to 100x leverage.
Last updated
KTX.Finance offers leveraged trading opportunities on major trading pairs, providing users with the ability to trade assets such as BTC, ETH, BNB, and MNT with up to 100x leverage.
Last updated
Hatched in the aftermath of FTX’s collapse in 2022, KTX.Finance went live in June 2023 with the aim of democratizing perpetuals trading for the masses.
KTX.Finance is a decentralized perpetual trading protocol that is live across multiple blockchain network including Mantle, BNB Chain and Arbitrum.
KTX is driven to democratize perpetuals trading for the masses without sacrificing quality, speed and security.
Traders in traditional financial markets and centralized exchanges are at the mercy of opaque technological stacks and market makers. This results in heightened counterparty risk, increased regulatory requirements and a single point of failure.
This underscores the need for a decentralized, fast and trustless trading platform.
KTX.Finance is incubated by ByteTrade Lab.
ByteTrade Lab, headquartered in Singapore, raised 50 million USD Series A financing in June 2022 from investors such as Susquehanna International Group (SIG) Asia Venture Capital Fund, INCE Capital, BAI Capital, Sky9 Capital, BlueRun, and PCG. They are committed to creating a decentralized Internet that gives individuals ownership and control over their financial and daily Internet data.
In the midst of the bear market, we raised a $4 million USD seed round financing led by Hashed.
Other participants in the round include: AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito Corporation / Morpheus, GSG Asset, KuCoin Ventures and Sky9 Capital.