KiloEx

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

KiloEx's governance or utility token carries a market capitalisation of $1.4M based on circulating supply at the latest DeFiLlama snapshot. The token's market cap ($1.4M) is small relative to deposits secured by the protocol ($3.8M); a mcap/TVL multiple of 0.38× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Aug 2, 2023
   Listed on DeFiLlama

KiloEx is a Derivatives protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 6 chains, including Base, Op_Bnb, Binance, Manta and 2 other chains. The codebase has been independently audited (1 report on file).

KiloEx runs a multi-chain deployment, with smart contracts live on 6 networks. TVL is comparatively balanced across networks: even the largest deployment (Base) holds only 35% of the protocol's value. Price discovery relies on 2 oracle providers (Chainlink, Pyth), which diversifies the data-feed surface but also expands the set of third parties users implicitly trust. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap ($1.4M) and TVL ($3.8M) trade at a ratio of 0.38, in the range generally considered normal for an established DeFi protocol.

Verified external resources for KiloEx — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

KiloEx is one of 7 Derivatives protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Jupiter Perpetual Exchange, Hyperliquid HLP, Drift Trade, and 3 more. These peer protocols collectively secure $2.3B in deposits, giving you a frame of reference for whether KiloEx's own TVL is at the top, middle, or tail of the category.

Jupiter Perpetual Exchange

TVL $910.6M · 24h -0.27%

Hyperliquid HLP

TVL $431.7M · 24h +0.11%

Drift Trade

TVL $334.4M · 24h +0.22%

GMX V2 Perps

TVL $267.5M · 24h -0.08%

Extended

TVL $196.4M · 24h +0.06%

dYdX V4

TVL $125.3M · 24h +0.58%