VICTORIA, Seychelles--(BUSINESS WIRE)--KuCoin, a global top-5 crypto exchange, is excited to announce the listing of additional 5 more Arbitrum ecosystem projects on its platform with the total number of 12 Arbitrum ecosystem projects on its spot trading market. Arbitrum is one of the leading Ethereum scaling solutions. This new listing will allow users to trade Arbitrum's ecosystem project tokens easily on one platform.
Arbitrum is a leading Layer-2 scaling solution for Ethereum that is designed to enable faster and cheaper transactions on the Ethereum network. By leveraging Arbitrum's technology, Ethereum developers can build powerful and innovative decentralized applications (dApps) that can rival centralized applications in terms of speed and scalability.
The five new projects that are getting listed on the platform are Synapse (SYN), Gains Network (GNS), Radiant Capital (RDNT), Dopex (DPX), and Camelot Token (GRAIL). Each of these projects is unique and brings its own value proposition to the Arbitrum ecosystem.
Synapse Protocol (SYN) connects blockchains by offering an extensible cross-chain messaging protocol that supports assets, smart contract calls, and more. Gains Network (GNS) is developing gTrade, a liquidity-efficient, powerful, and user-friendly decentralized leveraged trading platform.
Radiant Capital (RDNT) aims to be the first omnichain money market, where users can deposit any major asset on any major chain and borrow a variety of supported assets across multiple chains. Dopex (DPX) is a decentralized options protocol which aims to maximize liquidity, minimize losses for option writers and maximize gains for option buyers - all in a passive manner for liquidity contributing participants. Camelot Token (GRAIL) is a token that is used for governance and liquidity provision on the Camelot Exchange, a decentralized exchange that provides a seamless trading experience for all users.
As the 'people's exchange', KuCoin is committed to discovering and listing the most promising projects in the crypto space. The addition of these five exciting projects from the Arbitrum ecosystem is a testament to our dedication to providing its users with access to the most innovative technologies and investment opportunities
To celebrate the new listings, KuCoin is currently holding a listing carnival with a mixed prize pool worth up to $100,000. To participate, please click here.
Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 27 million users in 207 countries and regions.
In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2023. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.
To find out more, visit https://www.kucoin.com
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