Bitcoin price fell to $18,847.5 and Ether is currently trading at $1,250.9 on the Aximetria app.
Crypto Secure uses artificial intelligence, blockchain data, and public records of crypto transactions to determine crime-related risks of crypto exchanges within the Mastercard network.

Bitcoin

BTC

20%

Market leadership

BTC
Bitcoin

  • Kyber Network is a popular liquidity hub

  • Kyber Network raised $52M during ICO

  • 100+ projects are integrated with Kyber Network

  • Kyber's online presence is growing sustainably each year, with huge communities built on Twitter and Telegram

41%

Overall rate

Team expertise

80%

Fundrising experience

67%

Token

<10%

Industry influence

36%

Social impact

27%

Kyber is an on-chain liquidity protocol, which aggregates liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). In 2019, Kyber ranked as the most widely used DeFi application on Ethereum. Unlike other protocols, Kyber Network is fully built on-chain, without any off-chain component, and allows instant settlement of token-token transactions (e.g., MANA to BAT).

Its growing influence on the market among developers and crypto enthusiasts, paired with a strong development team and advisory board, points the future growth for the project. However, the unlimited supply of KNC tokens and the highly competitive market of liquidity hubs suggest that there's still room for improvement.

Verdict
20%
Kyber Network allows users to instantly swap tokens without the need for a third party, like a centralized exchange. The unique architecture of Kyber is designed to be developer-friendly, which enables the protocol to be easily integrated with apps and other blockchain-based protocols.
Market leadership
Project Objectives
The vision of Kyber Network is to become the liquidity hub for the decentralized economy, where any user or application can easily access the required tokens for their liquidity needs.
Competition
Aside from Kyber Network, projects like Ripple Liquidity Hub, Osmosis Protocol and Uniswap stand among popular liquidity hubs.
80%
Kyber Network was founded by Loi Luu, Victor Tran and Yaron Velner, and currently has its headquarters in Singapore. With such an experienced team of founders and 90+ blockchain professionals, Kyber Network has great potential for future growth.

The Kyber team is also composed of several executive advisors, including Vitalik Buterin, co-founder of Ethereum. According to the official Kyber Network LinkedIn page, the company has over 90 employees.
Team expertise
  • 90+ employees are listed on LinkedIn

  • HQ: Singapore, Singapore

  • Advisors: Wong Lee Hong (Executive Advisor, Kyber Network), Leng Hoe Lon (Executive Advisor, Kyber Network), Vitalik Buterin (Founder, Ethereum), Chionh Chye Kit (CEO, Cynopsis Solution), Kenneth Oh (Senior Partner, Dentons Rodyk), Pandia Jiang (Founder, LinkTime).
Founders
Loi Luu
Co-founder of Kyber Network

Loi Luu is a blockchain researcher and advisor for several blockchain projects. He developed Oyente, the first open-source security analyzer for Ethereum smart contracts, and co-founded SmartPool, among other decentralized projects.
Victor Tran
Co-founder and CTO at Kyber Network

Victor Tran is a senior backend engineer and Linux system administrator. He worked as a developer for numerous tech projects and was the CTO at Clixy and 24/7 Digital Group.
Yaron Velner
ex-CTO and Advisor at Kyber Network

Yaron Velner is a postdoctoral researcher and the current CEO of B.Protocol, a decentralized backstop liquidity protocol. Velner stepped down from his CTO position at Kyber in October 2019, but he remains its advisor.
67%
Kyber Network raised more than $52 million during several investment rounds. Its most successful round was Initial Coin Offering (ICO), which was held in 2017.
Fundrising experience
$52.4M
Total investments raised

  • Seed Round. In early September 2017, the Kyber Network raised $350k.

  • ICO. In September 2017, Kyber Network held an ICO and raised $52 million, which was 113% of their original goal.

  • Venture Round. In 2020, Kyber Network held a Venture investment round. The numbers involved are not disclosed.
<10%
The Kyber Network Crystal (KNC) token is an ERC-20 token running on Ethereum used to connect multiple participants in the Kyber Network ecosystem, including both liquidity contributors and different entities building on the protocol. The total supply of KNC does not have a hard-coded limit.
Token
Ticker: KNC

Documents: Whitepaper

Max Supply: not limited

Token distribution:

  • 19.47% to founders and project

  • 33.55% for a private sale

  • 26.7% for a public sale

  • 19.47% for reserves

  • 0.81% to airdrops

Use of token:

The Kyber Network Crystal (KNC) token is a utility token that is the "glue that connects different stakeholders in Kyber's ecosystem." KNC allows token holders to play a crucial role in building a wide base of stakeholders and capturing value built by innovations on Kyber Network. KNC holders stake and vote to receive trading fees from protocols in the network. As more trades are executed, and new protocols are added, - more rewards are generated.
36%
Kyber Network has more than 100 integrations with top crypto services, including Uniswap, PancakeSwap, CurveDAO and others. Kyber Network supports 12 blockchains and its total trading volume in 2022 reached $10+ billion which is a great accomplishment for a liquidity hub. Also, its community-building programs are both for technical and non-technical users and attract more people each year.
Industry influence
  • Integrations: 100+ integrations, including Uniswap, PancakeSwap, CurveDAO, Trader Joe, and others

  • Total trading volume: $10+ billion

  • Blockchains involved: deployed across 12 chains including Ethereum, BNB Chain, Polygon, Avalanche, Fantom, Cronos, Arbitrum, Velas, Aurora, Oasis, BitTorrent, and Optimism.

  • Developer activity: Medium
Community program
Kyber focuses on growing a community of developers who can build useful decentralized applications (DApps), platforms, and products that leverage its liquidity protocol. To achieve this, Kyber has created a developer portal with necessary documentation and tools for seamless integration.

In addition, Kyber has targeted key developer touch points, sharing information about the protocol at various hackathons and tech events such as ETHGlobal, DevCon, and BlockchainEXE. Kyber participates in the Future of Blockchain hackathon, educating student developers from Cambridge, Oxford, Imperial, LSE, UCL, and KCL.

For the non-technical community, Kyber works with integrated projects and token teams to run joint community engagement campaigns that educate and reward members. For example, Kyber has collaborated with Etheremon (blockchain game) and CoinGecko (data aggregator) for community giveaways via outreach channels, such as Telegram, Reddit, Twitter, and others.


27%
Kyber has a global and diverse community, with over 250k followers across social media platforms, including Telegram, Twitter, Medium, Reddit, WeChat, and Youtube. Promotional materials are translated into different languages (Chinese, Korean, Japanese, and Vietnamese) to address global user bases.

Audiences on social media platforms are growing each year, but the numbers of community members are notably lower than those shown by their direct competitors.
Social impact
235 followers on Twitter
14k members on Telegram
7.7k members on Discord
3.6k followers on Youtube
The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
The AML policy of Aximetria GmbH complies with the following laws and regulations of the Swiss Confederation.
Federal Act on Combating Money Laundering and terrorist financing of 10 October 1997

Ordinance on Combating Money Laundering and Terrorist Financing of 11 November 2015

FINMA Circular 2016/7 on "Video and online identification" of 3 March 2016

Regulations of the Self-Regulatory Organisation pursuant to the Anti-Money Laundering Act VQF Financial Services Standards Association regarding the Combating of Money Laundering and Terrorist Financing of 28 September 2015
VQF-Circular 2016/1 concerning Applicability of regulations issued by FINMA of 14 June 2016

VQF information leaflet for the engagement of third parties for the performance of duties of due diligence and / or as AMLA Special Department

VQF Information leaflet for issuing internal directives

Swiss Criminal Code of 21 December 1937