Recently, Kriya has emerged as a pioneering project in the DeFi field, built on the Sui blockchain. With a breakthrough combination of advanced DeFi technologies, high automation, and a diverse product ecosystem, Kriya aims to provide the most efficient user experience, whether for individuals or organizations. So what is the unique feature of Kriya? Let's explore the comprehensive DEX on the Sui ecosystem through the article below!
What is Kriya? Explore the comprehensive DEX on the Sui ecosystem
What is Kriya?
Kriya is a DeFi protocol on Sui, providing fast, efficient, and low-cost trading services. It integrates various complex DeFi strategies, allowing users to maximize profits through features such as limit orders, centralized liquidity pools, and leveraged lending.
Kriya project homepage
Furthermore, Kriya stands out with its superior transaction speed compared to other platforms, receiving positive feedback from the community. The Kriya ecosystem also includes supporting tools like "Token Sniffer" and is developing new products such as Kriya Credit.
Unique features of Kriya
The unique feature of the Kriya project is that the project's operating model is built to optimize the DeFi experience for users, with a diverse product ecosystem and high automation.
Project operating model
The project provides the Kriya Swap exchange, which combines AMM and CLMM, supporting three different pool types to optimize liquidity. Kriya also offers automated strategic Vaults such as Leverage Lending Vaults and CLMM LP Optimizer Vaults, helping users maximize profits without manual operation. In addition, Kriya provides a Derivatives exchange (Kriya Perpetuals) and tools like Sui Sniffer and No Code Token Launch to support users. All transactions are secured on the high-speed, low-cost Sui blockchain.
Project features
Project features
- Kriya Swap: This is an AMM spot exchange that integrates CLMM support, fixed-product pools, and stable swap, providing flexible liquidity provision. This platform uses a smart routing mechanism to optimize trades, while offering attractive LP rewards and flexible transaction fees ranging from 0.01% to 1%. Notably, Kriya Swap supports limit orders, meeting the needs of professional traders.
- Kriya Strategy Vaults: This feature provides efficient asset optimization strategies. Leverage Lending Vaults allow up to 3x leverage on assets like vSUI/SUI, afSUI/SUI, and wUSDCe/wUSDTe, while fully automating the trading process. CLMM LP Optimizer Vaults support automatic position rebalancing, yield aggregation, and impermanent loss minimization, with two main options: All-Weather Vault and Degen Mode Vault.
- Kriya Perpetuals: A DEX derivatives platform with up to 20x leverage, offering perpetuals, futures, and options trading.
- Kriya Degen Corner: This feature provides unique tools to support users in the Sui ecosystem. Sui Sniffer helps assess token safety by checking factors like liquidity, ownership, and contract upgradability. Additionally, No Code Token Launch allows users to easily create and launch tokens without programming skills.
Token information
Currently, Kriya has not yet disclosed details about the project's token and tokenomics. Coin68 will update this information as soon as it becomes available.
Kriya project roadmap
At the moment, Kriya has not yet announced details about the project's development roadmap. Coin68 will update this information as soon as it becomes available.
Kriya project team
Currently, Kriya has not yet disclosed details about the project's development team. Coin68 will update this information as soon as it becomes available.
Kriya project investors
Kriya project investors
Kriya has announced successful fundraising from two investors, Alpha Wave and Cogitent Ventures. However, details about the raised capital amount and investment terms have not been disclosed at this time.
Conclusion
Through the overview of the Kriya project presented in this article, Coin68 hopes that readers will have a basic understanding of this project to make their own investment decisions. Wishing you successful investments!
Note: The information in this article should not be considered investment advice. Coin68 will not be responsible for any of your investment decisions.
