On Thursday, Kyber Network announced via X that KyberSwap is now live on Arcadia Finance. Arcadia Finance is a DeFi asset management protocol that allows anyone to set up, manage, and automate concentrated liquidity positions within seconds.
The integration ensures that Arcadia users receive the best possible swap rates when entering LPs, applying leverage, rebalancing, and so on.
Kyber Network is an on-chain liquidity protocol that aggregates liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). KNC, the native token of the Kyber Network, is down 2.9% in the last 24 hours and currently trades at $0.2786.
Hassan Maishera