Introducing Decentralized Trading Platform KINE in Three Minutes

In 2024, the crypto market kicked off with a strong start, witnessing milestones such as the approval of Bitcoin spot ETFs and BTC reaching a peak of $69,990. The continuous influx of positive factors, along with the maturation of Web3 infrastructure and ecosystems, is propelling the crypto market towards significant maturity and mainstream breakthroughs. As the market rapidly expands, the decentralized trading platform Kine Protocol has made groundbreaking progress in derivative trading mechanisms and technology, positioning itself as a potential leader in future derivative trading platforms and poised to become a trendsetter in the Taiwan market.

Notably, the investment lineup of Kine Protocol's exchange is impressive, with renowned Silicon Valley angel investor Naval Ravikant and OKX exchange leading the way, having completed three rounds of funding totaling $24 million. Its investment matrix includes Angellist, OKX Ventures, Blockchain Capital, Spartan Group, Divergence Capital, CMS Holdings, Ascensive Assets, Bixin Ventures, DeFi Alliance, Origin Capital, Hypersphere, NGC, SevenX, and more. It can be said that Kine Protocol has garnered support and recognition from top global investment institutions!

What is KINE?

KINE is a decentralized derivative trading platform that goes beyond just crypto asset derivative trading. Through the products presented on the KINE APP, it is evident that KINE adopts a "peer-to-pool" model, providing "infinite liquidity" for derivatives in a DeFi fashion. KINE aims to bring more traders into the decentralized space with a flexible and practical approach.

The Kine Protocol team proposes that in the current crypto asset trading landscape, most people tend to stand at either extreme of CeFi (centralized finance) or DeFi (decentralized finance). However, the financial world is not black and white, and DeFi still needs to borrow efficiency from CeFi while CeFi needs to learn from DeFi's security and decentralized governance. The core goal is to transition the widest range of cryptocurrency users from centralized exchanges to decentralized trading. With this anchor, let's delve into the advantages of KINE.

Leading the Market with a Strong Team Background

Kine Protocol is built by a founding team with over ten years of professional knowledge and experience in traditional finance, deeply understanding the needs and challenges of the financial market. For investors, asset security has always been a top concern. With their professional background, the Kine Protocol team provides a secure and reliable investment environment for investors. Understanding the story behind Kine Protocol can help investors better grasp the project's development trajectory and avoid blindly following public opinion.

Ensuring Trading Liquidity and Enhancing Fund Efficiency

To attract widespread user adoption, liquidity and fund efficiency are key for derivative trading platforms.

KINE adopts a Peer-to-Pool liquidity pool trading model, offering users infinite liquidity and almost zero slippage advantages, significantly enhancing the user trading experience. KINE's mechanism allows traders to execute orders at the specified price without the risk of partial or failed orders. At KINE, traders interact with liquidity pools rather than market makers. Additionally, the platform's full cross-margin and isolated margin trading functions greatly enhance fund efficiency.

During trading, prices on KINE are obtained from high-performance oracles fetching average composite index prices from top centralized and decentralized platforms globally like Binance, OKX, Coinbase, and Uniswap, minimizing the risk of price manipulation by a single platform. Furthermore, KINE supports leveraged trading with minimal gas fees, offering users a comprehensive solution for liquidity, fund utilization, and trading experience. Through the design of "infinite liquidity + real-time price index," the team aims to provide contract investors on the KINE platform with a more efficient and convenient trading experience.

Flexible Trading Options

Kine platform offers a variety of digital asset trading pairs, including Bitcoin, Ethereum, and other mainstream cryptocurrencies, to cater to the diverse needs of investors. Users can choose the appropriate trading pairs based on their investment preferences.

To provide users with a more convenient trading experience, the Kine platform not only offers a web-based trading interface but also developed the Kine App. Users can download it from Google Play Store and Apple Store to engage in digital asset trading anytime, anywhere, meeting the trading habits of various users. Whether on a computer or a mobile device, users can easily participate in Kine's trading activities and enjoy convenient trading services.

Moreover, Kine has developed the first AI trading assistant, providing real-time trading signals to users. Whether it's quantitative trading or technical analysis, the Kine platform offers users a wealth of tools and indicators to help them better understand market trends and execute effective trades.

Professional Security System

Kine Protocol prioritizes the security of user assets. Maintaining transparency and openness, every transaction is recorded on-chain, and users can view each transaction through the "liquidity pool" page and blockchain explorer or search for Kine Protocol's smart contract address to review transaction activities, liquidity status of the pool, and other on-chain transactions.

User assets are entirely safeguarded by smart contracts, eliminating the need for centralized storage by exchanges. Smart contracts are audited by reputable auditing firms, with code publicly available for verification, ensuring the security, transparency, anonymity, and efficiency of user assets and transactions. This means that users have absolute ownership of their digital assets and can independently control and manage them.

From Kine's strategy and development, it is evident that the Kine Protocol team is realizing its goal of being safer and fairer than traditional centralized exchanges, offering a superior experience compared to existing decentralized derivative trading platforms, paving a practical path for investors in the DeFi world. In 2024, Kine will maintain an open mindset, continuously learning and adapting to market changes, creating more value for users, and driving the flourishing development of the crypto industry.

(Note: Some content in this article is excerpted from ChainNews - Three Minutes to Understand the Rising Star of Decentralized Derivative Trading - Kine)