The current real-time price of MKL is $0.0518. In the past 24 hours, MKL has traded between $0.0514 and $0.0532, showing strong market activity. The all-time high of MKL is $0.4665, and the all-time low is $0.0426.
From a short-term perspective, the price change of MKL over the past 1 hour is , over the past 24 hours is +0.09%, and over the past 7 days is -2.60%. These figures provide a quick overview of the latest price trends and market dynamics of MKL on LBank.+0.32%
The live price of MKL today is $0.0518, with a current market cap of $2.281M. The 24-hour trading volume is 2K. The price of MKL to USD is updated in real time.
Before deciding whether to buy or sell MKL, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s MKL technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for MKL.
How much will MKL be worth tomorrow, next week, or next month in ? What about your MKL assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! MKL Price Prediction
To learn more about MKL, consider exploring other resources such as the whitepaper, official website, and other published information:
MKL serves as the native utility and governance token of the ecosystem. Its primary roles include staking, where users can lock tokens to earn a share of protocol revenue generated from trading fees. Additionally, MKL is used for participating in the decentralized governance (DAO), allowing holders to vote on key protocol decisions and the future direction of the platform.
The platform employs a "vote-escrowed" model where users lock their MKL tokens for a duration ranging from 2 to 52 weeks to receive veMKL. A user's veMKL balance determines their voting power and their proportion of protocol fee distributions. Unlike many platforms that use inflationary rewards, these distributions consist of real protocol revenue, meaning the APY varies based on actual trading volume.
Users earn Points or XP by engaging in trading activities on the platform. These points are accumulated and typically converted into MKL tokens at the end of specific trading seasons. The experience is further gamified through loot boxes and NFT items known as "gears," which provide specialized boosts such as increased XP accumulation or discounts on trading fees.
The platform supports over 60 trading pairs, including major cryptocurrencies like BTC, ETH, and SOL, as well as commodities and synthetic forex pairs such as EUR, JPY, and GBP. It offers industry-leading leverage options, providing up to 150x leverage on crypto assets and up to 1,000x leverage on forex and commodities, all with competitive fees and tight spreads.
Built on the Aptos blockchain, the protocol utilizes LayerZero technology for omnichain support, allowing users to connect via popular EVM-compatible wallets and deposit funds from networks like Ethereum or Arbitrum. To simplify onboarding for non-crypto users, it features a "walletless" sign-in system using Google or Apple authentication to create a secure, non-custodial account behind the scenes.
The protocol's open-source smart contracts have undergone rigorous security audits to ensure user safety. The project's credibility is further supported by a $2.1M seed round led by prominent investors including Hashed and Arrington Capital, with additional participation from Aptos Labs and Amber Group. The team maintains a transparent approach to protocol operations and governance.
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