DWF Labs, the new generation Web3 investor and market maker, has announced a strategic partnership with Kava Chain, a Layer-1 blockchain. The partnership aims to accelerate the growth and sophistication of Kava’s DeFi ecosystem, particularly its decentralised exchanges (DEXs).
Kava Chain is a secure Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Kava is also the hub for Native USDt for the Cosmos. Its native token $KAVA is consistently a top 100 token by market capitalization and the Kava Chain currently holds an impressive $230 million in total value locked (TVL).
As part of the partnership, we will offer strategic insights covering risk management, liquidations, fee structures, traded products, and market maker programs for DEXs built on the Kava Chain. DWF Labs will also integrate and start proprietary trading on up to 10 Kava Chain DEXs and perpetual DEXs. Additionally, DWF Labs pledges to establish a significant trading presence by targeting a market share of at least 7.5% of the total trading volume across the Kava Chain’s DEXs.
Andrei Grachev, Managing Partner at DWF Labs, expressed his enthusiasm for the collaboration: 'Supporting the growth of Kava’s DeFi ecosystem is a natural alignment to our mission for fostering blockchain innovation. We’re excited to leverage our position in the market to contribute meaningfully to Kava’s roadmap.'
About Kava
The Kava Chain is a secure, lightning-fast Layer-1 blockchain that combines the developer power of Ethereum with the speed and interoperability of Cosmos in a single, scalable network. Committed to fostering innovation and growth, Kava Chain is a trusted choice for developers and users worldwide.