Kunji Finance Teams Up with KyberSwap after MUX Protocol and GMX
Kunji Finance joined forces with KyberSwap to provide its asset managers access to Spot orders on its decentralized asset management platform.
We are thrilled to unveil our latest partnership with KyberSwap on Arbitrum, a monumental collaboration that sets the stage for revolutionizing the defi landscape, providing seamless token swaps, enhanced liquidity, and empowering Kunji asset managers in executing spot orders with flexibility and control. The integration with KyberSwap will help Kunji’s asset managers to swap tokens seamlessly and at better prices with KyberSwap's Aggregator, which connects users and applications to broken liquidity across decentralized exchanges and numerous chains.
What’s in it for users?
Let us take you back. Kunji Finance is a decentralized platform built on Arbitrum that connects asset managers with liquidity providers, allowing those asset managers to leverage their skills with access to further capital while generating trading-based profit opportunities for capital providers. The strategies offered by Kunji Finance are framed based on the quadrangulation of factors like market sentiments, and technical & fundamental analysis with long and short positions. While the previous partnerships with MUX Protocol and GMX will give the asset managers access to derivative markets, the integration with KyberSwap will help them place fast and efficient spot orders, facilitating breakout and swing trading strategies.
Here are the key takeaways of the partnership with KyberSwap:
With this integration, Kunji asset managers have access to low swap rates and improved liquidity, which will help them to execute spot orders with a user-friendly interface. KyberSwap Aggregator uses AMM and Order Book DEXs to partition and optimize trading routes to objectively find capital-efficient liquidity sources, assuring attractive swap rates and market stability. Furthermore, KyberSwap offers the limit order feature allowing asset managers to perform precise trade execution with mitigated price volatility in a non-custodial manner.
Reflecting on the partnership, Hung Tran, Business Development Manager at Kyber Network, expressed his thoughts by stating, “Happy to collaborate with Kunji, one of the most innovative, transparent, and secured portfolio management platforms in the DeFi space. Pleasure that KyberSwap can support boost the Kunji user experience and provide the best rates for their in-app swapping.”
“‘Today marks a defining moment in our journey as we welcome a powerful partnership with Kyberswap,’ stated Vivekanand Pandey, COO of Kunji Finance. ‘By embracing their seamless aggregation capabilities and the limit order feature, we are unlocking new possibilities for our asset managers, providing access to better pricing, and revolutionizing the asset management paradigm. This collaboration exemplifies our commitment to staying at the forefront of industry trends and empowering our users with the best tools and opportunities. Together, we are shaping the future of finance.’”
About KyberSwap Network:
KyberSwap is a next-gen DEX aggregator providing superior rates for traders and maximizing returns for liquidity providers in DeFi. For liquidity providers, KyberSwap has a suite of capital-efficient protocols designed to optimize rewards. Currently deployed on 14 chains, KyberSwap aggregates liquidity from over 80 DEXs and multiple Aggregators to enable users to swap at superior rates. Learn more: https://kyberswap.com/
About Kunji Finance:
Kunji Finance is a decentralized platform built on Arbitrum that enables crypto hedge fund-like active portfolio management services for retail investors while providing full custody control and transparency. The asset management services can be based on discretionary investment theses that run long and short strategies created by asset managers on the platform, enabling the creation of “hedge funds” for retail investors without any regulatory ambiguity. Kunji is to crypto hedge funds what Uber is to Limo services. Learn more: https://www.kunji.finance/