KiloEx August 2023 Recap

KiloEx
KiloEx
Published in
2 min readSep 7, 2023

August marked an inflection point for KiloEx as we accomplished significant product iterations and community growth. Here are the key highlights from last month:

Major Investment Milestone

In August, we also marked a huge milestone — closing an investment from Binance Labs. This generated significant buzz and validated our platform’s immense potential. With Binance’s backing, we will continue leveling up the trading experience.

https://twitter.com/BinanceLabs/status/1687418104979095552

Product Enhancements

We introduced major improvements to enrich the trading experience:

  • Added day/night mode switching and mail language support for Korean, Japanese, and Traditional Chinese.
  • New invitation code entry page with shortcut for quicker access.
  • Product experience optimizations including a more obvious close position button and one-click swap when BNB/USDT is insufficient.
  • Adjusted the PNL calculation formula and optimized the vault deposit process.
  • Bug fixes for max open positions and the mint USDT button.

These changes allow for a more intuitive, user-friendly interface tailored to traders’ needs.

User Experience Improvements

Several initiatives enhanced the overall user experience:

  • New preference settings for customizing color schemes, notifications, and languages.
  • Official launch of the H5 mobile version, with network and language switching capabilities.
  • Added video tutorials and guides for beginners.
  • Reduced borrowing fees to improve affordability.

By optimizing mobile and providing more educational resources, we continue raising the bar for user satisfaction.

Community Growth

August was a milestone month for our community expansion:

  • Our Discord surpassed 13K members, now dubbed “KiloExers.”
  • Trading volume hit an all-time high, exceeding 10 million.
  • Collaboration with Galxe and QuestN for engagement campaigns drove over 5,000 pieces of feedback.
  • Launched triple rewards trading contests, aligning incentives and ramping up activity.
  • Hosted our first community call on Discord to connect with users.

With exponential growth in users and participation, our community is strengthening.

The Road Ahead

As we move forward, our north star remains building the most user-friendly crypto trading experience. We appreciate your continued support and promise to keep you updated on our journey. Exciting initiatives are in store, so stay tuned!

To participate and engage with our community, join Discord. We look forward to connecting.

About KiloEx:

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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.