Crypto trading has become one of the most sought-after methods for investors to earn profits from the crypto market. For far too long, only centralized crypto exchanges offered this service. As a result, some traders are hindered by geographical locations and other factors from exploring crypto trading as they wish. Seeking to fix this, decentralized exchanges (DEXs) like KiloEx have emerged as a one-stop solution to make crypto trading accessible to everyone.
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KiloEx’s goal is to facilitate decentralized access to the derivatives trading market. The platform is part of the broader decentralized finance (DeFi) sector. DeFi has redefined how everyone interacts with the crypto industry. As its name implies, DeFi seeks to bring everything we are conversant with within the traditional financial system into the blockchain space. Imagine seeing lending, borrowing, and trading of real-world assets (RWAs) on the blockchain. That’s precisely what DeFi makes possible.
Unlike other DEXs that focus solely on crypto trading on a single blockchain network, KiloEx’s goal is to make derivatives trading accessible across crypto and real-world assets on various blockchains. For this reason, the platform boasts a user base of over 917,000 and a total traded volume of over $44 billion. This article discusses KiloEx’s key selling points and how traders can leverage its ecosystem.
What is KiloEx?
KiloEx is a decentralized exchange (DEX) that offers cross-chain perpetual trading to traders and liquidity providers. The project supports digital assets across BNB Chain, opBNB, Manta, and Base blockchain networks. This way, traders can access cryptocurrencies available across these supported chains. These blockchains are notable for their network speed and competitive fees, making them suitable choices for the derivatives trading platform.
Aside from cryptocurrencies, KiloEx enables users to trade a range of real-world assets, including forex, stocks, indices, and commodities. According to its whitepaper, KiloEx charges 0.05% for crypto and stock transactions, and 0.02% for forex transactions. Traders can trade with up to 125x leverage across multiple assets. For context, leverage allows users to trade amounts larger than their actual balance.
KiloEx fosters social and mobile accessibility to derivatives trading. It boasts a user-friendly interface that is easy to navigate. It also incentivizes users to participate in decentralized copy trading, trading mining, and trading contests.
Reputable crypto companies, such as YZi Labs, Foresight Ventures, and Manta Network, support the derivatives trading platform. Security firms like Ancilia, Secure3, and ScaleBit have also audited KiloEx’s smart contracts.
How to Trade on KiloEx
Before embarking on derivatives trading on KiloEx, a user needs a Web3 wallet (such as MetaMask), a BNB balance in their wallet (for gas fees), and USDT (to execute a trade). After having these, a trader should follow these steps to execute trades:
- Go to KiloEx’s official website from the Web3 wallet.
- Connect their wallet.
- Input your trading parameters, such as the trade type (buy/sell), limit, margin, and leverage.
- Review the details and execute the trade.
- Monitor your trade through the KiloEx interface.
- If you wish to close the trade, you can do so manually through the “Your Positions” section or by setting a stop loss (SL)/take profit (TP) order.
Top Features of KiloEx
Here are the key features of KiloEx:
KiloEx Vault
Often regarded as the counterparty for traders, KiloEx Vault serves as a section within the KiloEx ecosystem where liquidity providers deposit USDT, USDC, or other mixed assets (Hybrid Vault). By providing liquidity into the vault, these users qualify to receive up to 30% of the platform’s trading revenue. The protocol also offers a 5.67% annual percentage yield (APY) within 30 days.
The mechanics of the KiloEx Vault entail that the LP bears the loss whenever the trader profits. In the long run, though, traders tend to lose money, benefiting the liquidity provider. LPs also gain from the user’s trading fees and funding rate.
Spot DEX Trading
In September 2025, KiloEx unveiled the beta version of the Spot DEX trading. Unlike futures trading, where users trade contracts at a predetermined price, spot trading enables the immediate buying and selling of digital assets, granting the trader direct ownership. Spot trading is also generally safer than futures trading. However, it is less profitable than its futures counterpart.
KiloEx incorporated crypto assets on the Solana network and BNB Chain into its Spot DEX trading interface. Over time, the development team may deploy the mainnet version for the spot trading feature.
Copy Trading
Decentralized copy trading is a feature within the KiloEx ecosystem that allows traders to mimic the trading patterns of professionals in the market. This feature is an excellent tool for beginners or those with minimal trading experience. They can easily track the earning history of these expert traders from the list.
Referral & Affiliate Programs
KiloEx offers a referral and affiliate program where users earn rewards for bringing new users into the decentralized platform. The referral rebate program has nine levels, which increase based on the trading volume of newly referred users. Anyone who refers others can earn a commission rebate of up to 55%, depending on their level.
KILO Token
KILO is the lifeblood of the KiloEx ecosystem, enabling governance, utility, and fee discounts. It can also be staked to secure the network and boost earnings. The native cryptocurrency is built on the BNB Chain. It has a total supply of 1 billion tokens. According to the tokenomics, 10% of the supply is allocated for an airdrop, which is claimable by active users. The claiming window ended on September 15th.
According to price-tracking websites like CoinMarketCap, KILO has a trading price of $0.0262 and a market capitalization of $5.54 million. Its circulating supply is currently around 211.7 million KILO tokens.
There is also the KiloEx escrowed token, xKILO, a non-transferable token within the ecosystem. Staking xKILO in specific contracts enables users to provide liquidity for trades, enjoy VIP privileges, earn a portion of trading fees, and receive additional benefits.
Pros
- Low fees.
- Offers a wide range of features.
- Supports real-world assets.
- Available across various blockchains.
- Users have complete ownership over digital assets.
Cons
- KiloEx once experienced a $7 million hack.
- Leverage is not as high as some competitors.
- Assets are unretrievable if the user loses access to their funds.
- Traders require an understanding of DeFi to participate.
Conclusion
KiloEx makes perpetual trading accessible to anyone regardless of their geographical location. This article highlighted the platform’s top features, native token, and how users can join its ecosystem. While the decentralized platform has various benefits, it is worth noting that it has experienced a security breach in the past, resulting in the loss of over $7 million. Despite this, it has continued its activities unhampered, showing its healthy financial warchest. Having this knowledge will help a potential investor decide whether to invest in KiloEx.
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