On Monday, Kyber Network announced via X that it has added Fluid Liquidation Vault as a liquidity source. This comes after the Fluid Liquidation Vault integrated with the Polygon blockchain.
The integration allows Kyber Network to unlock a new liquidity source and empowers KyberSwap traders to seamlessly liquidate eligible Fluid vaults.
Kyber Network is an on-chain liquidity protocol that aggregates liquidity reserves to allow instant and secure token exchange in multiple decentralized applications (dApps). KNC, the native token of the Kyber Network, is down 3.5% in the last 24 hours and currently trades at $0.3546.
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. POL is down 2.6% in the last 24 hours and trades at $0.2101.