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Futures
Futures
Hundreds of contracts settled in USDT or BTC
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HOT
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Unified Account
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CandyDrop
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Launchpool
Quick staking, earn potential new tokens
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Launchpad
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Alpha Points
NEW
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NEW
Earn futures points and claim airdrop rewards
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Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
Dual Investment
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Soft Staking
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Crypto Loan
0 Fees
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Lending Center
One-Stop Lending Hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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The Kadena team announced an immediate halt to operations, with the KDA coin price experiencing a big dump of over 60% in a single day.
According to a report from Jinse Finance, the Kadena team announced on Tuesday that due to unfavorable market conditions, they will immediately cease all business operations and active maintenance. The team expressed gratitude to all supporters and stated regret for not being able to continue promoting this unique decentralized project. The native token KDA fell over 60% on that day, with a current price of approximately 0.11 USD, having previously reached a high of 27 USD in 2021. The Kadena blockchain will continue to operate until miners and maintainers exit, with approximately 566 million KDA miner rewards set to be distributed until the year 2139. The project was founded in 2019 by former SEC and JPMorgan employees Stuart Popejoy and William Martino, who were involved in the development of the JPMorgan Kinexys blockchain predecessor. Kadena has raised approximately 15 million USD to date.