Derivatives · Review
ActiveKiloEx Review 2026: Multi-Chain Perp DEX With 125x Leverage
KiloEx is a perpetual futures DEX on BNB Chain and several other networks, offering up to 125x leverage. Its on-chain TVL is small, so check liquidity and fees before trading.
By the DappsAtlas editorial team · Updated
DappsAtlas score
6.2/10
Mixed
Our verdict on KiloEx
6.2/10KiloEx suits experienced derivatives traders who want self-custodial perpetual futures on BNB Chain or nearby networks and understand liquidation risk. Its strengths are multi-chain availability, on-chain settlement and two listed audits. The main caveat is size: TVL is around $1.3 million, and fees, funding and risk mechanics are not published. Check the live interface and docs, and keep leverage low.
Score breakdown
How KiloEx scores
- Security
- 5.8/10
- Ease of use
- 6.5/10
- Fees
- n/a
- Features
- 6.5/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is KiloEx?
KiloEx is a decentralised exchange for perpetual futures, described by DefiLlama as a next-generation perp DEX with fast trades, risk-neutral positions and LP-friendly solutions. It has been listed since August 2023 and has a token, KILO.
The protocol is deployed on BNB Chain, opBNB, Base, Manta, Taiko and B-Squared. Its homepage promotes BTCUSD perpetual futures with up to 125x leverage, low fees and on-chain settlement.
Total value locked is about $1.33 million, down about 1.2% over seven days. That is modest for a derivatives venue. Its homepage captured for this review showed zero or blank volume and open interest, so live activity could not be confirmed from public sources.
How KiloEx works
A perpetual futures contract lets a trader bet on an asset's price rising or falling without owning it and without an expiry date. The trader posts collateral and chooses leverage, which multiplies both gains and losses. If losses approach the collateral value, the position is liquidated.
On a perp DEX like KiloEx, trades are executed and settled by smart contracts. Prices come from oracles, and liquidity providers supply the pool that takes the other side of trades. Funding payments between longs and shorts help keep contract prices near the spot price.
KiloEx describes its approach as offering risk-neutral positions and LP-friendly solutions. The exact mechanism for how it handles risk is not detailed publicly, so read its docs for specifics.
6 features
Key features
01
Perpetual futures
Trade contracts like BTC/USD that track an asset price without an expiry date, using leverage.
02
High leverage
The homepage advertises leverage up to 125x on BTCUSD, aimed at experienced traders.
03
On-chain settlement
Trades settle on-chain, so positions and collateral sit in smart contracts rather than on a centralised exchange.
04
Multi-chain deployment
DefiLlama lists BNB Chain, opBNB, Base, Manta, Taiko and B-Squared as supported networks.
05
LP-focused design
The project describes risk-neutral positions and LP-friendly solutions for those who supply liquidity.
06
KILO token and audits
The KILO token is listed on DefiLlama, and two audits are listed for the protocol.
Pros and cons
What we like
- Non-custodial, on-chain settlement for perpetual futures
- Deployed on six networks including BNB Chain and Base
- Up to 125x leverage on BTCUSD for experienced traders
- Two audits listed on DefiLlama
- Operating since August 2023
- Designed with liquidity providers in mind, according to its description
Watch out for
- TVL of about $1.33 million is small for a perpetuals venue, which can limit depth for larger positions
- Up to 125x leverage can wipe out a position quickly and suits only experienced traders
- Fee schedule, funding mechanics and liquidation rules are not given
- Only two audits are listed and the audit scope and findings are not detailed here
- Trading figures on its homepage captured as zero or blank, so live activity could not be confirmed
- Perp DEXs carry smart-contract, oracle and liquidity-provider risk that centralised venues handle differently
KiloEx fees
Public sources say KiloEx offers low fees, but no specific trading fee, funding rate, borrowing cost or liquidity provider fee share is published in the material available. Users will see them in the trading interface before confirming an order and in the project's docs.
On any perp DEX, also budget for network gas on the chain used, spreads or price impact, and funding payments while a position is open.
Is KiloEx safe?
DefiLlama lists two audits for KiloEx, but the auditors, dates and findings are not public. Audits reduce but do not eliminate smart-contract risk. Perp DEXs also depend on price oracles and on liquidity pool health, and failures in either can cause losses.
Trading is self-custodial through your own wallet, so you control your keys but also bear responsibility for approvals and phishing risk. The project does not state any regulatory status or past incidents. Leveraged trading is high risk, and users should check that it is lawful where they live.
6 steps
How to get started with KiloEx
- 1
Confirm that derivatives trading is permitted where you live and that you are of legal age.
- 2
Set up a self-custody wallet that supports your chosen network, such as BNB Chain.
- 3
Fund the wallet with the collateral asset and a small amount of the native token for gas.
- 4
Open the KiloEx app and connect the wallet, checking that the address is the official one.
- 5
Review the market's fees, funding rate and liquidation price before opening a position.
- 6
Start with small size and low leverage, and set risk limits before trading.
Who KiloEx is for
KiloEx is for traders already comfortable with perpetual futures, margin and liquidation who prefer to trade from their own wallet on BNB Chain, Base or similar networks. It is not suited to beginners or anyone who cannot afford to lose their collateral.
KiloEx FAQs
What is KiloEx?
KiloEx is a decentralised perpetual futures exchange. Users trade contracts such as BTC/USD with leverage and settlement happens on-chain, with liquidity supplied by liquidity providers.
Which chains does KiloEx support?
DefiLlama lists KiloEx on BNB Chain, opBNB, Base, Manta, Taiko and B-Squared. Availability of specific markets on each chain is not detailed publicly.
How much leverage does KiloEx offer?
The homepage meta description says up to 125x leverage. High leverage greatly increases liquidation risk, so most traders use far less.
Does KiloEx have a token?
DefiLlama lists a token called KILO. The project does not describe its utility, supply or distribution, so check the project's official documentation.
Is KiloEx safe?
No derivatives platform is risk-free. DefiLlama lists two audits, but audits do not remove smart-contract, oracle or liquidation risk, and TVL is relatively small. Only trade what you can afford to lose.
What are the fees on KiloEx?
KiloEx describes itself as offering low fees, but the exact trading, funding and borrowing fees are not public. They appear in the trading interface and the official docs.
Compare
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.