KiloEx 2024 May Monthly Recap

KiloEx
KiloEx
Published in
2 min readJun 5, 2024

Community Development

  1. Team Competitions:

Following the successful conclusion of the first round of team competitions, which awarded $100,000 in prizes, we launched the second round of team competitions in partnership with opBNB at the end of May. This ongoing event has attracted numerous Key Opinion Leaders (KOLs) to create teams, further invigorating our community.

2. VIP Program:

VIP Program Launch: At the end of May, KiloEx launched the VIP program, offering reduced trading fees for premium users. Additional benefits and privileges will be introduced in the future to enhance user experience and loyalty.

3. Community Activities and Partnerships:

Social Media Growth: KiloEx’s X (Twitter) account surpassed 150K followers.

Partnerships: Established partnerships with Engage, Intract, PythOrbiter, and DIN, and a security partnership with ScaleBit.

Product Progress

  1. New Features and Optimizations:

New Website Launch: A new version of the official website was launched in early May.

Trading Functionality Enhancements: Improved the mobile order placement experience, TP/SL settings, currency pair classification display, and the 24-hour change UI.

New Features: Introduced target classification tagging, network selection grouping, and KOL reward milestones.

UI Improvements: Enhanced the Referrals page and the “Order by Qty” UI.

2. Product Updates:

New Listings: Added new tokens including $FET, $ARKM, $Rune, $STX, $Bome, and $Floki.

Taiko Mainnet Trading: Successfully launched trading on Taiko’s mainnet and upgraded the Vault to version 2.0.

Manta Chain and Bridge Solutions: Added a bridge solution on the Manta chain, enhancing cross-chain transaction convenience.

3. Other Significant Updates:

Vault Upgrade: Increased the opBNB Vault cap to $20M.

MiniBridge Service: Launched the MiniBridge service to simplify cross-chain operations.

Campaigns and Promotions: Joint campaigns with dappOS and Manta Network reached a trading volume of $310M.

These updates and activities have not only enhanced KiloEx’s product functionality and user experience but also boosted community engagement and participation, laying a solid foundation for future development.

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KiloEx
KiloEx
Editor for

KiloEx is building the next generation of user-friendly perpetual DEX focused on risk management and capital efficiency.