Original source: KiloEx
2025 is destined to be an extraordinary year for web3. Although Bitcoin is still at a high level near $100,000, altcoins on centralized trading platforms have hit new lows. As U.S. President Trump issued a TRUMP token named after himself in solana and quickly surged to a market value of tens of billions of dollars, the funds and players on the chain have reached a new scale. There are signs that Web3 is undergoing an unprecedented transformation, and “on-chain” is replacing CEX and becoming a “battleground for war” that is sought after by almost all Web3 groups.
As a perpetual contract DEX invested by YZi Labs, KiloEx currently supports contract trading of more than 100 assets. Users can use 2 to 125 times leverage to trade multiple types of tokens on the chain, including mainstream assets such as BTC, ETH, and SOL, AI tokens such as ACT, VIRTUAL, Ai16z, and various meme coins such as TRUMP, BRETT, and BONK.
In addition, KiloEx supports multiple public chains such as BNB Chain, opBNB Chain, Base, and Manta. Its TVL and transaction volume rank first in both opBNB and Manta networks. The TVL on Base exceeds US$15 million, and the total TVL exceeds US$50 million.
Despite some good results, KiloEx has not stopped. Recently, KiloEx created a new on-chain contract trading model based on the currency standard, and collaborated with the Revox project to use REX tokens as the first use case under this model.
Let’s take REX as an example. REVOX is the AI Agent Framework project at the core of the BNB Chain ecosystem, providing developers and users with complete solutions that support DeFAI, AI asset distribution and AI Agent creation.
First, REX token holders connect to their wallets on the KiloEx platform and select REVOX-BNB Chain. Then, they can see the currently tradable token types on the left side of the trading page, including BTC, ETH, SOL, BNB, and REX. On the right side of the page, users can use REX in their wallet as contract margin, and can also choose to use leverage of 2 to 125 times to open long or short on the above assets. This process requires users to store some BNB in their wallets as gas charges. After a user closes a position, his profits or losses are settled in REX, and the handling fee charged by the platform is also the REX token itself.
In addition to using the token as a margin for contract transactions, REX token holders can also pledge REX in the REX vault on KiloEx to earn interest income from the trader’s fees and profits and losses. Similarly, this income is also settled in REX.
There is no doubt that KiloEx’s innovative on-chain coin-standard contract trading model brings the possibility for REX token holders to earn more income using REX, and also gives REX tokens new applications in the Defi field. The application scenario brings richer functionality and broader value creation space to REX tokens.
The cooperation with Revox is the first stop of the currency standard trading model on the KiloEx chain. In addition to REX, KiloEx currently supports BOX (Debox Token) currency standard transactions and is negotiating with the Gravity team to implement currency standard contract transactions that support $G. In the future, KIloEx will cooperate with more high-quality projects to help more types of token holders expand the value of their assets, so that they can use the tokens in their hands as margins to conduct on-chain contract transactions of various assets, thereby accumulating more such assets in the form of a currency standard. Permitless’s currency standard contract system will be launched in the future, and Meme token will also be given more trading and usage scenarios.
This article is from a submission and does not represent the views of BlockBeats