Let me tell you about Kuru Exchange on the Monad Testnet đŸ
Kuru Exchange is one of the first native DEX (decentralized exchange) built on Monad.
Kuru stands out for its fully on-chain CLOB (Central Limit Order Book) approach, providing an experience usually reserved for large centralized exchanges, but in a decentralized version.
What makes Kuru unique?
On-Chain Order Book
Unlike most AMM DEX (Automated Market Maker), Kuru operates with a centralized order book but 100% decentralized: every offer and every demand is visible on the Monad blockchain, offering transparency and efficiency.
Speed & Low Fees
The choice of Monad allows Kuru to offer instant exchanges with minimal fees, making the execution of trading strategies usually impossible on other slower blockchains feasible.
Support for Illiquid Tokens
Kuru does not settle for high-volume tokens; it also allows trading and creating more "niche" tokens, fostering innovation and the discovery of new projects.
How to test Kuru on the Monad Testnet?
Access the platform:
Visit kuru.io/markets
Connect with your wallet:
Connect your Monad Testnet compatible wallet (e.g., MetaMask in custom RPC mode).
Deposit MON Testnet:
Use a Monad Testnet faucet to obtain test MON tokens:
https://testnet.monad.xyz
Trade, create or add liquidity:
Try the âMarketsâ section to place your first orders, the âLaunchâ section to create your own tokens, or âVaultsâ to provide liquidity.
Customize your experience:
In the âAvatarâ section, open accessories, link your Twitter/Discord profile, and have fun customizing your presence on the app.
Kuru has raised approximately $13.6 million in total. The latest notable round mentions $11.6 million led by Paradigm