Kayen Protocol $KAYEN Token Surges 601% in 30 Days Ahead of MEXC Listing

Kayen Protocol, a prominent decentralized exchange (DEX) and DeFi ecosystem on Chiliz Chain, has announced the launch of its native token, $KAYEN, on March 10, 2025. The token will be listed on MEXC and Kayen’s native DEX, marking a significant milestone in the DeFi-powered Fan Token ecosystem. This launch is supported by over $1 million in strategic funding from top-tier venture capital firms and IDO launchpads, including Castrum Capital, IOST, Planetarium, Jets Capital, Notch Ventures, and DAO Maker. This funding reflects the growing confidence in Kayen’s role within the Fan Token-powered DeFi sector.

Since its inception, Kayen Protocol has established itself as a premier DEX and DeFi ecosystem, accumulating $10 million in Total Value Locked (TVL) and supporting over 80 trading pairs. These pairs include Chiliz Chain memecoin $PEPPER, as well as major fan tokens such as $BAR (FC Barcelona), $PSG (Paris Saint-Germain F.C.), and $SPURS (Tottenham Hotspur F.C.).

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

Kayen Protocol’s rapid growth is evident in its latest performance metrics. In the last 30 days, the protocol has seen over 10,000 monthly active users, 202,750 transactions (a 60.1% surge in activity), and $40 million in monthly transaction volume. The $KAYEN token serves as both a governance and utility token within the Kayen Protocol ecosystem. Holders will benefit from governance rights, allowing them to vote on key protocol decisions, as well as staking and farming rewards. A portion of trading fees is allocated within the ecosystem, contributing to token utility and generating buy pressure.

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