Kinetex is a technology that provides the infrastructure for the mass adoption of DeFi by automating the exchange process and transfer data. It combines multiple distinctive features: automation, liquidity aggregation, gasless transactions, native coin support, bridgeless cross-chain exchange with the guarantee of order execution and a fixed rate.
Kinetex connects dozens of decentralized networks and different bridges that link them together, uniting them into one global ecosystem.
With the help of the network of relay nodes, Kinetex provides the ability to automate any exchange route, eliminating the need for users to confirm transactions at intermediate stages.
Kinetex serves as a multi-chain liquidity aggregator, running exchange transfers through routes built by unique algorithms that work like a search engine, finding the fastest, cheapest, and safest exchange routes. By integrating popular DEX aggregators, numerous bridges of various networks, limit order protocols, and liquidity from multi-chain market makers, Kinetex provides the maximum coverage of the crypto market assets, including over 15.000 tokens and coins across numerous networks and blockchains.
The most convenient exchange process is achieved in combination with the Multi-chain Gasless technology, which allows users to pay for gas automatically with any token in any network (even if an exchange route passes through several networks!).
Support for native coins (BTC, LTC, BCH, etc.) is implemented as wrapped tokens through the integration of such tokenization protocols as Ren Protocol, tBTC, and a multi-chain DEX (THORChain). Kinetex's search algorithms accept incoming native coins and securely build exchange routes through wrapped tokens. Thus, native coins can be exchanged in a decentralized manner to almost any token on any network and vice versa
The main goal of the bridgeless protocol is to solve one of the biggest problems in the market: the inability to guarantee the exchange rate for cross-chain transactions and their execution.
Our idea is to eliminate the need to use DEXes or bridges for cross-chain transactions as they carry risks of slippage and MEV attacks, which break the operation and cause assets to get stuck in an intermediate network.
At the same time, our solution requires connecting liquidity from third-party sources since there may not always be counter liquidity for exotic tokens and market makers often refuse to work with them.
Therefore, we aim to create a system where market markers can place RFQ orders in advance to ensure exchange rate stability. Moreover, if a market maker does not want to receive an exchanged asset, an order can be executed with the help of the solvers.
All of these features and technologies are designed to provide the infrastructure for the mass adoption of Web3 and DeFI.