Kayen Protocol has announced its new $KAYEN token launch on MEXC and its native DEX on March 10, 2025, marking a significant milestone in the Fan Token-driven DeFi sector.
Strategic Funding and Achievements
Kayen Protocol secured over $1 million in strategic funding from top-tier VCs and IDO launchpads, including Castrum Capital, IOST, Planetarium, Jets Capital, Notch Ventures, and DAO Maker. Since its inception, Kayen Protocol has established itself as the premier DEX and DeFi ecosystem on Chiliz Chain, amassing $10 million in TVL and supporting over 80 trading pairs.
Expansion and New Partnerships
Kayen's expansion reaches beyond traditional sports teams through its partnership with Blockasset, UFC's Official Digital Fan Partner, paving the way for official athlete fan tokens. Additionally, a partnership with World K-Pop Center will introduce exclusive fan tokens for K-pop groups.
$KAYEN Token Utility and Governance
$KAYEN will serve as both a governance and utility token within the Kayen Protocol ecosystem. Holders will have governance rights and receive rewards through staking and farming mechanisms. Available from March 10, $KAYEN will be listed on MEXC and Kayen’s native DEX.
Kayen Protocol makes a significant stride with the $KAYEN token launch, enhancing its impact in the DeFi-powered Fan Token ecosystem.
