On March 27, 2025, KiloEx successfully completed its Token Generation Event (TGE), raising 1213.94 BNB in a record half a second. This decentralized futures exchange attracted users willing to commit over 442,985 BNB, made possible by a 36,491.38% oversubscription. This article explores KiloEx's fundamental technologies, token economics, community engagement, and future plans.
Unique Features of KiloEx
KiloEx operates as a decentralized perpetual futures exchange, offering trading not only in major cryptocurrencies like Bitcoin and Ethereum but also traditional assets including forex and commodities. One of the platform's key advantages is its user-friendly interface designed for users familiar with centralized platforms, as well as advanced analysis tools and risk-free practice trading. Users can trade with leverage up to 125x on multiple blockchains including BNB Chain and Manta Network, avoiding liquidity barriers through multi-chain deployment.
KILO Token Economics and Sale Analysis
On March 27, 2025, KiloEx held its TGE, offering 50,000,000 $KILO tokens with a target raise of 1213.94 BNB. The token price was 0.0000242789 BNB (around $0.015), attracting 442,985 BNB in commitments. The oversubscription rate of 36,491.38% indicated strong market interest. The platform returned 441,771 BNB to participants, marking a significant event in the DeFi world, reflecting high interest in the platform.
Community Response and Strategic Partnerships
After the successful TGE, users actively shared their thoughts on social media. KiloEx's official X page confirmed the sale's conclusion and high participant engagement. Important partners included Yzi Labs and Foresight Ventures, and the platform is already a leading Perpetual DEX on opBNB and Manta networks. The company's plans include implementing additional user incentive programs, involving initiatives for large investors, and supporting further community growth.
KiloEx has made a splash in the decentralized derivatives trading sector, attracting a significant number of users and partners through technological innovations and a successful token sale. Its unique features and ambitious plans continue to attract attention, showcasing viable alternatives to centralized solutions in cryptocurrency.