KyberSwap x DEXTools Integration
KyberSwap integrates with leading token trading analytics platform DEXTools.
Both DEXTools and Kyber Network understand the importance of quality trading and analytics infrastructure in the DeFi space; and both have continued to contribute to the on-chain infrastructure in impactful ways, most recently with the launch of KyberSwap last week. With this in mind, Kyber looks forward to a long term cooperation with DEXTools to continue to support and develop the on-chain infrastructure and tools that provide the best trading solutions for users.
With this integration, KyberSwap users will now have access to comprehensive live charts of all popular trading pairs; and KyberSwap itself gains more exposure to DEXTools’ enormous user base of seasoned traders.
To mark the occasion, both teams seeded a DEXT-KNC pool to support DEXT and KNC token trades on Binance Smart Chain (BSC). Users who add liquidity to this pools can earn proportional fees on pool trades. With KyberSwap’s capital efficiency, this new pool addition also means that DEXT traders can swap DEXT at better rates.
KyberSwap was selected to be part of the DEXTools ecosystem given its alignment on multi-chain strategy, the reliability of its technology, and its convenience as a go-to place for token traders to experience the best rates. KyberSwap also has a Dynamic Trading Routing feature that allows users to source liquidity across different decentralized exchanges to help achieve the best prices for any token swap, on any supported network.
Other advantages of KyberSwap include:
- Amplified Liquidity Pools to achieve high capital efficiency; where less tokens are required to achieve better liquidity and rates compared to standard AMMs
- Dynamic Fees that react to market conditions and optimize returns for LPs
- Better Reliability & Security as audited by Chain Security and insured up to $20M by Unslashed Finance
About DEXTools
DEXTools provides real-time analysis for crypto assets trading on decentralized exchanges to millions of users. It is a must-use tool for any trader swapping tokens on-chain. DEXTools enables users to monitor big spreads on pool pairs, anticipate market movements by following whale wallets, and perform many other useful trading functions; thereby allowing users to anticipate and develop better trading strategies.
About Kyber Network
Kyber Network is delivering a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources to provide the best token rates to Dapps, aggregators, DeFi platforms, and traders.
Through Kyber, anyone can provide or access liquidity, and developers can build innovative applications, including token swap services, decentralized payments, 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$7 billion worth of transactions for thousands of users since its inception.
KyberSwap, the latest protocol in the liquidity hub, provides the best rates for traders and maximizes returns for liquidity providers.
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