Thing ∙ ID: 10894
Kine Protocol is a peer-to-pool derivative market offering zero-slippage execution, guaranteed liquidity, and up to 100x leverage with cross margin. Users can participate as stakers, traders, or liquidators. Founded by Lei Wang in March 2021, it supports trading of perpetual contracts for major cryptocurrencies on multiple chains. The protocol charges a 0.1% trading fee and allows leverage up to 100x, with individual position limits. Kine Protocol received $7 million in funding in March 2021 and a strategic investment from AVATAR in December 2021. Based in Singapore, the company has not disclosed specific country restrictions for usage.