New Listing: KLEVA Protocol (KLEVA)
Announcing our newest listing for Bittrex Global customers! The KLEVA Protocol (KLEVA) wallet is now open for deposits and withdrawals, and the USDT-KLEVA market is now available for trading on Bittrex Global.
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The KLEVA protocol aims to be the largest landing protocol for leverage and farming in the Klaytn DeFi ecosystem. Compared to current Layer-1 blockchains such as Ethereum, Binance Smart Chain, and Solana, Klaytn’s DeFi ecosystem is very small and has a myriad of steps to take to further develop.
The most important step among these is that various types of DeFi protocols are introduced to provide more services, and at the same time, existing protocols and new protocols work together to create synergy. Various protocols will drive demand, and collaboration between protocols will contribute to the rapid expansion of the ecosystem while solidifying DeFi’s Money Lego. The KLEVA Team sees that Klaytn DeFi is just in its infancy and will contribute to the expansion of the ecosystem with them as more protocols are created in the future.
The KLEVA protocol is Klaytn’s first DeFi protocol that specializes in providing leveraged and DeFI services. By utilizing the liquidity of DEXs, KLEVA will also contribute to increasing the liquidity of those DEXs. By linking the liquidity pool of DEXs to the KLEVA protocol, it facilitates the inflow of larger investment funds to both the DEX and the protocol and drives the overall TVL rise in the DeFi ecosystem.
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