This afternoon, the dealer suddenly pushed the market up to 0.1. Compared to Broccoli Dog, the good point of Kilo is that it has a solid exchange business model. It won't go to zero, and there is a valuation support to the downside. Binance's determination to strengthen the chain is clear, and I hope to support this OPBNB chain's perpetual contract as the first exchange.

#kilo FDV Valuation

Core Business Data
https://app.kiloex.io/stats

TVL: 44.44M
daily volume: 60M ~ 90M

FDV based on 2x TVL is 88.88M, which is roughly the current price.

What multiple is appropriate is a matter of speculation.
For example, the Storm on the ton chain is only 0.55.
For example, Synthetix (https://defillama.com/protocol/synthetix#information ) is 2.78.
For example, the leading hyperliquid (https://defillama.com/protocol/hyperliquid) is 48.

daily volume indicates that Kilo's volume is decent, and can be considered in the first tier. Comparable to Drift and GMX. But it's uncertain how much of that volume is inflated.

Conclusion: If FDV drops to a valuation of 1x TVL, it could be a good entry point, as the risk-reward ratio would be appropriate. Corresponding coin price is 0.04444.