At its core, KTX.finance is a decentralized derivative exchange that is supported by a hybrid multi-asset liquidity pool with 50% stablecoins ($BUSD and $USDT) on one side and 50% assets on the other (comprising of $BTC.B, $WETH, and $BNB). Traders are able to enjoy up to 50x leverage completely on-chain, while liquidity providers can enjoy high and sustainable yield paid out in $BNB tokens. This unique design, coupled with a self-built custom oracle enables traders to trade with zero slippage and zero price impact. 

KTX.finance utilizes a custom oracle that calculates the median price of assets from 7 different CEXs. $BTC, $ETH, and $BNB have extremely deep liquidity, and the distributed dataset across the 7 CEXs makes oracle manipulation extremely difficult. 

A community-owned Protocol

There are many DEXes launching every other day, but what makes KTX.finance truly unique are the following:

1. There is a lack of on-chain derivatives trading platforms on BNB Chain that rewards liquidity providers with real yield. With the support of BNB Chain and other leading investors, KTX.finance will have a significant head start.
2. KTX.finance is designed with sustainability in mind and is the only perpetual DEX on the BNB Chain that pays out liquidity providers in $BNB. Other projects are paying out yield in native tokens to attract users with high yield that is unsustainable. 
3. KTX.finance has a well-thought-out pipeline of “DeFi lego blocks” that will add immense value for users. Through the various integrations, KTX.finance seeks to protect liquidity providers by alleviating open interest skew and asset volatility risk through social trading and extensive integration with other BNB Chain DeFi protocols.
4. KTX.finance listens and seeks to create a better UI/UX for traders by implementing TradingView charts and complex orders. Complex Orders would allow traders to open a position, take profit and stop loss all within one click.
5. KTX.finance is the first perpetual DEX to introduce Dynamic Fees for opening and closing orders depending on asset utilization. Traders can be sure our trading fees are the lowest in the current market.

KTX.finance has gone through several iterations and believes the current token distribution and token release schedule will ensure that KTX.finance is a “community-owned” protocol in the long run.

KTX.finance Perpetual Testnet till Mainnet launch

KTX.finance is currently running a perpetual airdrop Testnet campaign. In less than three weeks of Testnet launch, KTX.finance has reached a $1 billion trading volume on Testnet and has more than 1.6k users (each BSC Testnet network faucet is 50k BUSD) onboard. Currently, KTX.finance has more than 4,000 unique users participating in the Testnet.

KTX.finance Perpetual Airdrops

KTX.finance is rewarding early testers with $KTX token airdrops. Users who’ve actively traded on KTX.finance testnet during the testing stint are eligible to claim KTX.finance gachapon boxes. KTX.finance gachapon boxes can be opened for KTX.finance tokens when KTX.finance launches their tokens soon after the Mainnet launch, which will happen around mid-March 2023.

Eligible users who participated during the entire KTX.finance Testnet period will have to place a perpetual trade with 100 BUSD as collateral within 14 days after Mainnet launch to claim the package. This 14 days window of rewards claiming only starts after KTX.finance launches on Mainnet and after a perpetual trade is being placed and filled.

This airdrop mechanism ensures that traders who actively use KTX.finance will be the ones who get the most tokens and control of the protocol.

The airdrop will be weighted towards traders who actively tested KTX.finance. We believe a weighted distribution of $KTX.finance tokens will benefit the protocol in the long run.

KTX.finance Testnet page is https://testapp.ktx.finance/#/trade.

Step-by-Step Guide

1. Visit the KTX.finance airdrop claim page.
2. Connect your BNB wallet.
3. If you’re eligible, then you will be able to claim free KTX.finance packages.
4. Users who’ve actively traded on KTX.finance are eligible to claim free KTX.finance packages.
5. KTX.finance packages can be opened for $KTX tokens when they launch their tokens in Q1 2023.
6. Eligible users from Testnet have to place a perpetual trade within 14 days right after Mainnet launch with 100 BUSD as collateral to claim the KTX.finance packages.

Connect with KTX.finance

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