Kayen Protocol to Launch $KAYEN Token on March 10 with MEXC Listing

By Chainwire

Tortola, British Virgin Islands, March 9th, 2025, Chainwire

Kayen Protocol has officially confirmed the launch of its native token, $KAYEN, on March 10, 2025. The token will be listed on MEXC, and the native Kayen DEX, marking a major milestone in the DeFi-powered Fan Token ecosystem.

Kayen Protocol has secured over $1 million in strategic funding from top-tier VCs and IDO launchpads, including Castrum Capital, IOST, Planetarium, Jets Capital, Notch Ventures, and DAO Maker. This funding underscores growing confidence in Kayen’s role in the Fan Token-powered DeFi sector.

Since its launch, Kayen Protocol has established itself as the premier DEX and DeFi ecosystem on Chiliz Chain. The protocol has accumulated $10 million in Total Value Locked (TVL) and supports over 80 trading pairs, including Chiliz Chain memecoin $PEPPER, alongside major fan tokens such as $BAR (FC Barcelona), $PSG (Paris Saint-Germain F.C.), and $SPURS (Tottenham Hotspur F.C.).

Strategic Expansion

Kayen’s expansion extends beyond traditional sports teams. Through its partnership with Blockasset, UFC's Official Digital Fan Partner, Kayen will launch official athlete fan tokens, starting with UFC fighters. Additionally, a partnership with World K-Pop Center will introduce exclusive fan tokens for K-pop idol groups, bridging the gap between digital assets and entertainment fandoms.

Rapid Growth & On-Chain Activity

Kayen Protocol’s rapid growth is evident in its latest performance metrics, as reported by DappRadar. In just the last 30 days:

• 10,000+ monthly active users
• 202.75K transactions, a 60.1% surge in activity
• $40 million in monthly transaction volume

$KAYEN Token Utility & Governance

$KAYEN serves as both a governance and utility token within the Kayen Protocol ecosystem. Holders will benefit from:

• Governance rights – Vote on key protocol decisions
• Staking & farming rewards – Staking and farming mechanisms allow participants to engage with the protocol and earn rewards.
• Protocol-generated buy pressure – A portion of trading fees is allocated within the ecosystem, contributing to token utility.

TGE & Listings

To ensure accessibility and liquidity for traders worldwide, $KAYEN will be listed on MEXC, and Kayen’s native DEX starting March 10. These exchanges will provide deep liquidity and seamless trading for both retail and institutional investors.

About Kayen Protocol

Kayen Protocol is the first RWA-powered SportFi and SocialFi ecosystem, bringing fan engagement into the Web3 era. Powered by Chiliz Chain, Kayen enables seamless fan token trading, celebrity-backed digital assets, and innovative social engagement solutions. With real-world adoption, strong investor backing, and a rapidly growing user base, Kayen Protocol is pioneering the future of fan interaction in sports and entertainment. For more information, users can visit the Website or follow them on X.

Contact

Co-Founder
Auxili
builders@debound.com

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