EasyFi partners with KyberSwap for Electric

Collaboration will enable Margin Trading with access to deep liquidity on the DEX & Aggregator

EasyFi Network

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EasyFi Network

4 min readFeb 28, 2023

EasyFi is thrilled to announce a strategic partnership with KyberSwap to enable access to deep liquidity for Margin Trades on Electric and provide seamless margin trading experience to DeFi users.

KyberSwap is the flagship product of Kyber Network, a multi-chain crypto trading and liquidity hub that connects liquidity from different sources to enable trades at the best rates. Deployed on 14 Chains, KyberSwap aggregates liquidity from over 80 DEXs to give users the best rates possible for their swaps.

With an all-time trading volume of over $16 Billion and a TVL of over $122 Million, this collaboration has the potential to open up new opportunities for advanced traders and increase the efficiency of the DeFi ecosystem.

DeFi users are always seeking new opportunities to make the most of their token holdings. We believe that our collaboration with the multi-chain DEX and aggregator will open up large volumes of locked capital and infuse large amounts of liquidity for margin trading on Electric.

This collaboration will add value to both — the margin traders as well as liquidity providers — by enabling long or short positions on any token pairs on decentralized exchanges and maximizing their returns on their trades and holdings.

Collaboration Highlights

EasyFi will connect Electric with KyberSwap DEX to facilitate margin trades with integrated liquidity on the DEX & aggregator.
EasyFi and KyberSwap are both pursuing a mission of promoting protocol interoperability across chains and improving adoption across the DeFi landscape.
Both companies are working towards creating better money market options that enable high capital efficiency and drive processes that free locked capital and puts it into better use.
We are constantly developing innovative products that tap into bigger opportunities for the DeFi user providing best rates and maximize returns for everyone.

Leadership Speak

Speaking on this partnership, Anshul Dhir, Co-Founder & COO, EasyFi Network said, “We are stoked to have KyberSwap on the EasyFi’s Electric journey. This collaboration comes at an opportune time as we race towards our mainnet on 3 different chains. With access to huge liquidity at KyberSwap, we believe this collaboration will enhance the margin trading opportunities on our product and provide the best market options to our users. We look forward to a long term partnership with Team Kyber.”

Team KyberSwap also commented on this occasion, “KyberSwap is thrilled to partner with EasyFi Network, one of the leading DeFi lending platforms in the ecosystem. We believe that our collaboration will empower users with access to the best possible rates and liquidity for their transactions. We look forward to a successful partnership and driving adoption of DeFi in the broader community.”

About KyberSwap

Kyber Network is building a world to make DeFi accessible, safe and rewarding for users. Our flagship product, KyberSwap, is a next-gen DEX aggregator providing the best rates for traders and maximizing returns for liquidity providers in DeFi.

For liquidity providers, KyberSwap has a suite of capital efficient protocols designed to optimize rewards. KyberSwap Classic’s protocol is DeFi’s first market maker protocol that dynamically adjusts LP fees based on market conditions, while KyberSwap Elastic is a tick-based AMM with concentrated liquidity, customizable fee tiers, reinvestment curve and other advanced features specially designed to give LPs the flexibility and tools to take your earning strategy to the next level without compromising on security.

KyberSwap powers 100+ integrated projects and has facilitated over US$15 billion worth of transactions for thousands of users since its inception.

Currently deployed on 14 chains, including Ethereum, Ethereum Proof-of-Work, Polygon, BNB, Avalanche, Fantom, Cronos, Arbitrum, BitTorrent, Velas, Aurora, Oasis, Optimism and Solana, KyberSwap aggregates liquidity from over 80 DEXs to give users the best rates possible for their swaps.

About EasyFi Electric

Electric is a decentralized, scalable, secure, margin trading platform, from EasyFi, that enables traders to take out short-term loans to trade margin positions from publicly sourced liquidity from different AMMs / decentralized exchanges.

Litepaper | Testnet Link | Guide to Trading

About EasyFi

EasyFi Network is a universal layer-2 multi-chain money market protocol for digital assets with focus on liquidity sourcing & capital efficiency for structured lending in a non-custodial manner. The Protocol is currently live on Polygon, Binance Smart Chain, Ethereum & Avalanche.

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