Derivatives platform KiloEx edges closer to surpassing Total Value Locked resistance mark for a fresh record-setting achievement
In the dynamic world of decentralized finance (DeFi), the recovery of a derivatives trading platform like KiloEx after consolidation is a topic of interest. However, recent search results do not provide specific insights into the factors contributing to KiloEx's recovery, nor do they offer current data on its Total Value Locked (TVL) or Annual Percentage Yield (APY) rates.
Nonetheless, understanding the usual factors that aid in the recovery of such platforms can offer some context. These factors typically include product improvements, incentive programs, partnerships and integrations, favourable market conditions, and active community engagement and governance.
Product improvements might involve upgrading platform features, adding new derivative products, or enhancing the UI/UX. Incentive programs could include launching or renewing liquidity mining, staking, or yield farming initiatives to attract users and increase liquidity. Partnerships and integrations with other DeFi protocols or exchanges can help expand the ecosystem reach. A bullish cryptocurrency market and recovery trends can boost trading volumes and TVL. Active community involvement and decentralized governance may increase confidence and user participation.
As of now, the TVL on KiloEx stands at $24.31 million, with opBNB accounting for 70% of the platform's total liquidity, amounting to over $17 million. The platform supports five networks: BNB Smart Chain (BSC), Manta, BSquared, Taiko, and opBNB.
On September 6, KiloEx recorded net inflows of nearly $1.8 million. The most deposited token on KiloEx is USDT, holding a share of over 83%. Users can trade Bitcoin and altcoin perpetuals with up to 100x leverage on KiloEx.
Interestingly, the TVL of KiloEx has gained over 40% in the past two months, with potential earnings for BSquared USDT deposits exceeding 45%. The interest rate for Manta-based USDT deposits on KiloEx is approximately 9.4%. According to DeFi analytics platform DefiLlama, the average annual percentage yield (APY) for BEP-20 USDT deposits on KiloEx is 8.5%.
However, despite this diverse range of trading products and high leverage, the number of active users on KiloEx has been declining recently. The TVL of $24.45 million set at the end of August is close to being surpassed. It's worth noting that the record high for the number of active users on KiloEx was set in mid-July at over 25,000.
For the most accurate and up-to-date figures on KiloEx's TVL and APY, it would be advisable to check KiloEx’s official website, DeFi analytics platforms like DeFiLlama or DappRadar, or cryptocurrency financial news sources updated in 2025. If you need assistance in looking up the latest information from specialized DeFi tracking sites or KiloEx’s official announcements, feel free to ask!
Investing in the best DeFi platforms requires keeping up with the latest news, and understanding factors that contribute to recovery, such as product improvements, incentive programs, partnerships, and market conditions. For instance, KiloEx, a derivatives trading platform, has seen a 40% increase in TVL over the past two months, possibly due to its diverse range of trading products and high leverage. However, despite this growth, the number of active users on KiloEx has been declining recently, raise concerns about the platform's future performance in the dynamic world of technology and finance.
