Popular Market Maker DWF Labs Announces Partnership with a New Altcoin, Price Moves!

cryptocurrency is one of the important market makers in the market and attracts attention with its investments. DWF Labs, altcoin It affects the price through its acquisitions and partnerships.

While DWF Labs has been accused of market manipulation by other market-making companies, the company denies these allegations.

did altcoin The company, which came to the fore with its purchases and investments and the subsequent pumps in the altcoins in question, recently announced that it has established a partnership with another altcoin.

DWF Labs shared on its Twitter account Kava Chain (KAVA) announced that it has established a partnership with

“We are pleased to announce that we have entered into a strategic partnership with Tier 1 blockchain Kava Chain.

This partnership aims to accelerate the growth and sophistication of Kava’s DeFi ecosystem, specifically decentralized exchanges (DEXs).

As part of the partnership, we will provide strategic insights covering risk management, liquidations, fee structures, traded products and market maker programs for DEXes built on the Kava Chain.

DWF Labs will also integrate up to 10 Kava Chain DEXs and permanent DEXs and launch private trading on them.

Additionally, DWF Labs is committed to building a significant trading presence by aiming to account for at least 7.5% of total trading volume across Kava Chain’s DEXs.

We look forward to the continued growth and success of Kava’s DeFi ecosystem.”

KAVA, which started to rise after the news, recorded a 3% increase. KAVA At the time of writing, it continues to trade at $0.82.

We are pleased to announce that we have entered into a strategic partnership with the @Kava_Chaina layer-1 blockchain.

This partnership aims to accelerate the growth and sophistication of Kava’s DeFi ecosystem, particularly its decentralized exchanges (DEXs). pic.twitter.com/I59tlByNea

— DWF Labs (@DWFLabs) November 15, 2023

*This is not investment advice.