KTX.Finance, a decentralized perpetual trading protocol on Mantle Network and BNB Chain, proudly announced its expansion to Arbitrum on February 1, 2023. This milestone aligns with KTX.Finance's commitment to democratizing perpetuals trading while upholding standards of quality, speed, and security in the decentralized finance (DeFi) space.

Since its inception in June 2023, KTX.Finance has been at the forefront of empowering traders globally, facilitating over $2.4 billion in cumulative trading volume and fostering a dedicated community of 24,200 users across Mantle Network and BNB Chain.

With its integration onto Arbitrum, KTX.Finance opens doors to an even more efficient and trustless trading environment, utilizing the scalable and low-cost infrastructure of Arbitrum to offer enhanced features and capabilities to its users.

Key features of KTX.Finance on Arbitrum include:

• Trading Crypto Assets with Up to 100x Leverage: Traders can access major to blue-chip alt pairs with leverage up to 100x, enabling them to amplify their trading potential and opportunities for profit.
• Low Fees and Advanced Trading Tools: KTX.Finance offers low flat fees of 0.08% on open and close fees. Additionally, traders can benefit from multi-chart trading views, complex order options, and advanced trading tools.
• High-Yield Deposits with KLP: Users can earn sustainable high yields paid out in ETH and esKTC by depositing into the KTX Liquidity Provider (KLP) pool, with no lock-up periods and the ability to deposit and withdraw LP positions at any time without facing impermanent loss.

To celebrate the launch on Arbitrum, KTX.Finance invites traders to participate early and reap attractive rewards. For more information and to start trading on KTX.Finance, visit their website here or engage with their social channels here. 

What are Perpetual Contracts?

Perpetual contracts represent derivative products that allow traders to speculate on the price movements of various assets without actually owning them. These contracts have no expiration date and mimic the price of the underlying asset, enabling traders to capitalize on both upward (long) and downward (short) market movements. They are integral to decentralized perpetuals trading.

Perpetual contracts typically allow traders to access higher leverage compared to spot trading. This means traders can control larger positions with a smaller amount of capital. Higher leverage can amplify profits if the market moves in the trader's favor, but it also increases the potential for losses if the market moves against them.