KiloEx has destroyed over 8.6 million unclaimed Airdrop KILO and launched spot trading.

GateNewsBot

2025-09-16 08:51:43

KILO-1,03%

BlockBeats news, on September 16, according to official news, the perpetual futures DEX KiloEx, invested by YZi Labs, announced the permanent destruction of the unclaimed portion of the community incentive airdrop, totaling 8,609,242.68589183 KILO, and has cumulatively destroyed 1,573,988.58 KILO through the xKILO vesting mechanism. This large-scale destruction directly reduces the market circulation supply, releases deflationary signals, and is expected to alleviate future selling pressure, showcasing the project party's commitment to long-term value. Meanwhile, KiloEx's spot trading product has officially launched, completing the product line from contracts to spot, aiming to capture real spot users and trading flow, forming a synergy with the perpetual business, further enhancing platform liquidity and token value support.

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