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KyberSwap Elastic
KyberSwap Elastic

KyberSwap Elastic

Dexes

KyberSwap Elastic, launched in May 2023, brings a fresh approach to decentralized trading by enhancing capital efficiency and security. With concentrated liquidity and customizable pools, users can tailor liquidity strategies to fit their preferences. Rigorous security measures, including external audits and a KNC-backed insurance fund from KyberDAO, help create a safer environment. The protocol features flexible fee tiers and a unique reinvestment curve, which automatically compounds fees to maximize returns. Additionally, an innovative farming system rewards users based on their active liquidity contributions, making the platform versatile and appealing for DeFi enthusiasts seeking efficiency and personalized earning options.

TVL
$197 341
Blockchain
N/A
Promo bonus
No bonus for now

KyberSwap Elastic offers

Est. APY
1.95%
Status
Available
Term
Flexible
TVL$10 916
Blockchain
Arbitrum
Arbitrum

Crypto earn alerts on KyberSwap Elastic

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For KyberSwap Elastic, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on KyberSwap Elastic.

Earning crypto on KyberSwap Elastic

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from KyberSwap Elastic. Check the table above for all the details.

Current TVL of the KyberSwap Elastic protocol

The KyberSwap Elastic protocol's Total Value Locked (TVL) is currently $197 341. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like KyberSwap Elastic is holding.

KyberSwap Elastic protocol type

KyberSwap Elastic is a decentralized exchange (DEX) designed to simplify crypto trading directly from users' wallets. It operates on automated market maker (AMM) technology, enabling secure, direct transactions between users without a central authority. This setup ensures transparency, keeps fees lower, and allows users to manage their assets independently. Whether you’re trading or providing liquidity, KyberSwap Elastic offers a reliable and accessible option in the decentralized trading space.

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