According to BlockBeats, on December 25, the perpetual contract DEX KiloEx has launched BNB Chain ecosystem meme coin CHEEMS, supporting 2 to 100 times leverage trading. At the same time, KiloEx has launched a CHEEMS exclusive trading competition. During the event, 30% of all transaction fees generated by trading CHEEMS on KiloEx will be used to repurchase CHEEMS tokens and airdropped to the top 20 in terms of transaction volume and PnL rankings of the event.
BlockBeats previously reported that Cheems was selected as one of the first projects of Binance Alpha. KiloEx is a perpetual contract DEX on BNB Chain, opBNB Chain, Manta, and Base, supported by BinanceLabs, Foresight Ventures, and Manta foundation.