The Genesis of KANA: Building Fair, Global, Accessible DeFi

Ecosystem
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Kana began with a simple mission: make crypto trading accessible to everyone.
The platform now spans swaps, perpetuals, and builder tools all powered by the KANA token.
The next chapter starts here.

:open_book: docs.kanalabs.io

Fast Facts

  • Swap volume: $11B+ (team data) | $7.3B+ (third-party tracking)
  • Perps volume: $270M+ (team data) | $305M+ (third-party tracking)
  • CLOB perps on Aptos: first fully on-chain model, built on smart contracts with a central limit order book
  • User-first design: gasless flows, keyless sign-ins, and speed-focused trading

What KANA Powers

  • Efficient perps — non-custodial settlement, low fees, orderbook execution
  • Cross-chain swaps — deep routing and improved price discovery
  • Builder tools — SDK and widgets to integrate swaps and intents with ease

:open_book: docs.kanalabs.io | kanalabs.build

Timeline of Milestones

  • 2021 — First AMM DEX aggregator on Solana
  • 2022 — First non-EVM cross-chain swap between Aptos and Solana
  • 2023 — Spot trading on Aptos, surpassing 10K users
  • 2024 — Expanded across 11 chains, generating $5B+ volume
  • 2025 — $11B+ total swaps, launch of CLOB perps on Aptos, $270M+ perps volume in 3 months

Kana consistently ranks in the Top 10 wallets on Aptos, showing strong global adoption.

Accessibility and Learning

  • Kana Learn: multi-language Web3 hub (English, Russian, Tagalog, Turkish, more coming)
  • Kana Paymaster: 300M+ gasless transactions in 18 months

Focus: lowering barriers regardless of geography, language, or experience level.

Genesis Rewards

Celebration of genuine activity across the ecosystem:

  • Trading, swapping, and bridging
  • Campaign engagement (points, referrals, raffles)
  • Long-term community participation

Rewards are structured for fairness, sustainability, and long-term token value.

KANA Token Utility

  • Fee savings across products
  • Staking for protocol revenue share
  • Governance rights in ecosystem decisions
  • Early access to launches and partner projects

KANA serves as the foundation of a community-aligned, reward-driven ecosystem.

Next Steps

  • Expansion to more chains and ecosystems
  • Development of vaults and advanced swap solutions
  • Growth beyond 85K+ users
  • Continued innovation on Aptos and beyond

Eligibility checker for Genesis Rewards will be released on official channels soon.

https://x.com/kanalabs/status/1958878039775092899

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