Kattana Integrates KyberDMM into the list of available DEXs on the terminal
What’s KyberDMM Exchange?
KyberDMM is a multi-chain DEX protocol and DeFi’s first dynamic market maker. KyberDMM is developed by Kyber Network, one of the oldest and most trusted liquidity hubs in DeFi.
Kyber Network brings together liquidity from a wide range of sources such as KyberDMM to enable instant and secure crypto exchange in any decentralized application. Because all transactions are on-chain, they are fully transparent and verifiable.
Why add KyberDMM Exchange to Kattana?
KyberDMM Exchange is fast, boasts high capital efficiency, and enables liquidity providers to maximize the use of their capital, which in turn provides better liquidity and rates for traders. Currently, KyberDMM Exchange allows users to trade on the Ethereum, Polygon, BSC, and Avalanche networks. Between all those networks, it covers a wide range of token pairs. In addition, KyberDMM has an ongoing ‘Rainmaker’ liquidity program that provides attractive returns for liquidity providers of eligible pairs.
For Kattana users, it becomes the latest of many options for their one-stop-trading terminal. To be truly the Bloomberg Terminal for DeFi, Kattana must provide fast, reliable, on-chain trading options for our users. KyberDMM Exchange fits perfectly into that need and will make our exchange offering even more robust.
Key KyberDMM Exchange features
- Novel LP model that attracts more trades in less volatile market conditions
- Better capital utilization and efficiency with its amplified liquidity pools
- Dynamic Automated Market Making reflects market changes better
- Secure and reliable; audited by ChainSecurity and insured up to $20M by Unslashed Finance
Kattana is a cutting-edge trading terminal that allows traders to access cutting-edge DeFi and DeFi tools. In addition, our platform introduces professional tools and charts into the DeFi space, giving users of our platform an advantage during trading and allowing them to unleash their full potential.
About Kyber Network
Kyber Network aims to deliver a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources (e.g. KyberDMM) to provide the best rates for Dapps, DEX aggregators, DeFi platforms, and traders.
Anyone can contribute liquidity to Kyber Network and Dapps can integrate different protocols depending on their liquidity needs. Using Kyber, developers can build innovative applications, including instant token swap services, payment flows, and financial DApps — helping to build a world where any token is usable anywhere.
Kyber is powering more than 100 integrated projects and has facilitated over US$6 billion worth of transactions since its inception.