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Market News

BitMart Lists K9 Finance Tokens Boosting Shibarium TVL

Written By Brian Mutembei
Published April 3, 2024 4:26 AM·Updated 2 years ago
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BitMart Lists K9 Finance Tokens Boosting Shibarium TVL

BitMart, which is currently ranked as the 44th largest centralized exchange (CEX) in the crypto market, announced the listing of K9 Finance (KNINE) tokens that are attributed to the liquid staking derivatives (LSD) platform of Shibarium. 

This listing will be KNINE’s second large-scale introduction to other trading platforms following its debut on MEXC Exchange.

Official $SHIB Partner $KNINE will list on @BitMartExchange Tomorrow.

Congrats on the new listing. Let's Moon Together! 🔥🚀 https://t.co/rHApwjJMAu

— $SHIB KNIGHT (@army_shiba) April 1, 2024

KNINE was listed on BitMart, and Shibarium saw a significant milestone when its Total Value Locked (TVL) surged to $3.9 million in just a few days.This swing in TVL implies that the quality of the previous project must be serious, and their involvement is vital for maintaining liquidity on Shibarium.

The upcoming launch of the K9 Finance decentralized application (dApp) is gathering the crypto world of the players. Launching in Q3 2024, the K9 Finance dApp aims to align with Ethereum’s Metropolis staking protocol by offering liquid staking on Shibarium. 

The group will be driven by the task’s best advice, and it is anticipated to gain a lot of trust from communities.

Also Read: K9 Finance Lists on MEXC as Shiba Inu’s LSD Partner

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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