The Kava Network team announced via a tweet on Monday that WOWswap has officially launched on its blockchain. WOWswap is a protocol that provides leveraged long and short swaps on Solana, BNB Chain, Avalanche, Ethereum and Polygon. The Kava team said WOWswap will soon deploy on its blockchain.
Kava aims to become the default DeFi platform by providing stablecoins and decentralized lending against all major crypto assets. KAVA is down by more than 6% in the last 24 hours and is trading at $2.562 at press time.