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KyberSwap Now supports Native Restaking Swaps for LRTs

Twitter icon  •  Published 8 months ago on April 25, 2024  •  Hassan Maishera

Kyber Network announced via X on Wednesday its KyberSwap exchange now supports Native Restaking Swaps for leading LRTs.

KyberSwap Now supports Native Restaking Swaps for LRTs

Kyber Network announced via X on Wednesday its KyberSwap exchange now supports Native Restaking Swaps for leading LRTs. The team revealed that KyberSwap has integrated Native Restaking contracts of the top LRTs on Ethereum.

Thanks to this latest development, users can swap to Liquid Restaking Tokens (LRTs) with zero slippage or with a premium. 

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 by 8% in the last 24 hours and currently trades at $0.5923.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.