Derivatives platform KiloEx poised to surpass TVL resistance threshold, aiming for a fresh all-time value record.
KiloEx, a derivative trading platform, was launched at the end of 2023, marking its entry into the competitive decentralized derivatives market. Established on the Binance Smart Chain (BSC), KiloEx has been expanding its ecosystem and undergoing technical upgrades, focusing on capital efficiency and user experience.
The platform supports five networks, including BSC, Manta, BSquared, Taiko, and opBNB. Originally launched with 75 trading pairs on BSC, KiloEx recently enhanced its Python SDK to support Base chain integration, allowing developers to access real-time trading metrics programmatically.
KiloEx offers a diverse range of trading products, including Bitcoin and altcoin perpetuals with up to 100x leverage. The platform has been designed to deliver lightning-fast trades, real-time market activity tracking, and integration with liquid staking derivatives finance (LSTfi). It plans to launch a decentralized spot exchange by Q3 2025, initially supporting Solana.
The platform's growth trends include low entry barriers, with a minimum margin requirement of $1 across all supported chains, facilitating retail trader participation and improving capital efficiency in position sizing. The interest rate for Manta-based USDT deposits is approximately 9.4%, while the potential earnings for BSquared USDT deposits exceed 45%.
The BSC platform reports a 24h trading volume of approximately $22 million, with BTC/USDT as the most active pair. The market cap stands near $5.5 million, reflecting steady growth despite challenges. However, it's worth noting that the number of active users on KiloEx has been declining recently.
In April 2025, KiloEx suffered a significant hack resulting in a $7.4 million loss, raising concerns over security. However, ongoing protocol upgrades and audits aim to balance growth with increased security measures.
The total value locked (TVL) on KiloEx is currently $24.31 million. opBNB accounts for 70% of KiloEx's total liquidity, with over $17 million in TVL. On September 6, KiloEx's net inflows totaled nearly $1.8 million, and USDT accounted for 99% of all deposits.
If the TVL of $24 million becomes a resistance level and is breached, it could trigger a new wave of expansion for KiloEx. As of now, the TVL of $24.45 million set at the end of August is close to being surpassed. The KILO token, the platform's native token, shows moderate price volatility, trading around $0.024 with approx. 7-8% short-term gains in mid-2025, indicating positive market interest despite past exploit impacts.
In summary, KiloEx’s growth trend is characterized by ecosystem expansion, multi-chain interoperability, user-centric enhancements, and a cautious approach to security—key factors that define its current trajectory in the competitive decentralized derivatives market.
- The best news for investors in the finance sector came when KiloEx, the newly launched derivative trading platform, announced its plans to launch a decentralized spot exchange by Q3 2025, exploring Solana's network for the initial launch.
- KiloEx, focusing on capital efficiency and user experience, offers the best tech-driven features, such as lightning-fast trades, real-time market activity tracking, and integration with liquid staking derivatives finance (LSTfi), making it an impressive platform in the technology market.
