KiloEX DEX integrates Arbitrum’s L2 scaling solution to expand DeFi cross-chain opportunities

KiloEX, a DEX platform specializing in perpetual futures trading, today announced a strategic partnership with Arbitrum, a layer 2 network designed to increase speed and reduce transaction costs for DApps (decentralized applications) running on the Ethereum blockchain. This collaboration allows KiloEX to combine its perpetual DEX platform with Arbitrum’s L2 network. This integration will provide KiloEX with faster processing execution and cost-effective trading while ensuring a seamless and secure trading experience through Layer 2 technology.

KiloEX is a DEX (decentralized exchange) platform that provides a wide range of perpetual futures trading services to investors, traders, and cryptocurrency users. Initially built on BNBChain and recently integrated with the Base blockchain and Manta Network, KiloEX provides users with a variety of decentralized perpetual trading pairs with up to 100x leverage, giving them access to high-speed trading, real-time market tracking, and an efficient trading experience.

KiloEX supports Arbitrum Network: What this means

Today’s partnership with Arbitrum is another important milestone for KiloEX’s decentralized persistent protocol. This integration means KiloEX will leverage Arbitrum’s Layer 2 scaling solution to process faster payments and reduce transaction costs on the DEX platform.

Arbitrum is a layer 2 scaling solution that leverages optimistic rollups to deliver faster, cheaper, and more scalable transactions on the Ethereum blockchain. By building KiloEX on top of Arbitrum and using an order book scaling solution, the perpetual decentralized exchange can now match orders within 10-30 milliseconds and process 10,000-15,000 transactions per second. This ability to process at incredible speeds puts KiloEX on par with some major centralized payment systems and surpasses that of most DEXs, making it an attractive platform for traders seeking a quick, secure and effective way to participate in decentralized trading, including perpetual contract trading.

This integration also allows KiloEX users to exchange tokens and perform multi-chain transactions on Arbitrum directly on the Ethereum blockchain by connecting DEXs on the L2 network. This means that KiloEX significantly increases customer convenience. The latest addition also increases offerings and liquidity as Perpetual DEX connects with major DEXs on Arbitrum, including UniSwap, SushiSwap, Camelot DEX, GMX, Kyber Network, and more.

Driving a more user-friendly experience for DeFi customers

As part of our continued strategy to expand adoption, KiloEX DEX is being integrated into three major networks, including BNBChain, Base, and Manta Network, giving users access to a variety of decentralized applications. Now, Perpetual DEX has expanded its network on the Ethereum blockchain, integrating Arbitrum’s Layer 2 scaling solution to provide users with low transaction fees and instant trade settlement on the Ethereum chain.

Despite the Ethereum blockchain hosting a huge number of decentralized applications, high gas fees and network congestion are known issues that affect how users interact with DApps. The integration of Arbitrum’s scaling solution solves these challenges and demonstrates KiloEX’s commitment to improving the cross-chain trading experience for its users.

This integration means that KiloEX customers now have another convenient option to trade assets faster and at lower costs while taking advantage of the best rates.