Econia Ecosystem Spotlight: Kana Labs
Complete DeFi Trading Suite
Enhanced DeFi Accessibility
Econia Labs is excited to partner with Kana Labs, a development team that aims to ease the experience of on-chain interactions by bolstering the Aptos ecosystem with a product suite that includes the following features:
- Web-Based DeFi Trading Platform: Kana’s trading leverages Econia’s infrastructure to allow for traders to access liquidity across multiple dapps.
- Liquidity Aggregation: Kana’s liquidity aggregators, which route orders through Econia, have partnered with various aggregators across supported chains to ensure a smooth flow of liquidity among DeFi applications.
- Cross-Chain Bridging: Kana’s foundational cross-chain bridging layer combines multiple cross-chain messaging protocols and asset bridges, enabling lightning-fast cross-chain transactions.
- Smart Routing Algorithm: Kana’s advanced routing algorithm connects with both liquidity aggregators and the cross-chain bridging layer to find the best routes and prices for each transaction, ensuring speedy and cost-effective swaps.
- Intuitive Smart Wallet: Kana designed a smart wallet that abstracts away the complexities of traditional wallets, offering a user-friendly interface and a superior navigation experience.
- Omni-Chain Ecosystem: Kana’s product suite seamlessly connects with both EVM (Ethereum Virtual Machine) and non-EVM chains, providing a true omni-chain crypto ecosystem.
- Developer-Friendly SDKs: Kanas smart wallet and aggregator SDKs serve as easy-to-implement middleware, connecting with supported blockchain networks on the backend and simplifying the integration process for developers and businesses.
Kana Labs’ suite aims to resolve the problem of a multi-chain web3 ecosystem and aggregator by offering users a rich suite of services to enhance their on-chain strategies.
Kana Labs’ Product Suite
Central Limit Order Book (CLOB)
Econia combines the benefits of CEXs (efficient price discovery and minimal slippage) with the strengths of DEXs (decentralization, permissionlessness, and user custody of assets), fostering a trading experience that combines efficiency, fairness, and decentralization.
Kana’s Tradebook allows users to benefit from tapping into the underlying aggregated liquidity of Econia order book — which supports API integration for institutional and retail trading systems.
To learn more about the Econia order book, please visit Econia Labs’ developer documentation, found here.
Multi-Chain Wallet
Kana’s multi-chain crypto wallet simplifies DeFi to help onboard the next million users to DeFi and Web3 markets. It supports both EVM and non-EVM chains and has a simplified UI that makes it easier for users to view and manage their assets from different chains under one roof.
Key highlights of Kana’s wallet include:
- Quick transaction times
- One-click transaction signing
- Simplified and easy-to-understand multi-chain asset management
Chains supported:
- Non-EVM Chains — Aptos, Sui
- EVM Chains — Ethereum, Binance Smart Chain, Polygon, Avalanche, Arbitrum, Klaytn, Fantom, Aurora, Moonbeam, Celo, and Fuse
Cross-Chain Aggregator
Kana Labs’ cross-chain algorithm, together with integration from an omni-chain interoperability protocol, helps provide clients with fast on-chain multi-chain transactions, ensuring users have access to a wide range of tokens and liquidity across multiple ecosystems. With liquidity sourced from a wide range of platforms across multiple chains, Kana provides users with the best pricing on all their DeFi and DEX transactions.
Kana’s web app allows users to experience true cross-chain capabilities and make transactions across both EVM and non-EVM chains under a single roof.
Swap
Kana has built their swap interface on top of the middleware above that uses the optimization algorithm to aggregate liquidity and bridge networks, enabling cross-chain transactions. Kana supports over 9 different chains that users can swap to and from.
Empowering Innovators
Econia’s open-source project has allowed many innovative players in the crypto space to build, adapt, and scale. Through Econia’s hyper-parallelized order book execution and settlement infrastructure, key partners, like Kana Labs, can maintain a competitive edge in the world of DeFi.
