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KieDex Launches Crypto Futures Testnet with Activity-Based Reward System

KieDex has rolled out a testnet phase for its crypto futures exchange, introducing a reward-driven trading model aimed at shaping user incentives ahead of its mainnet launch. The platform is positioning itself as a derivatives venue where trading activity directly influences future reward distribution.

The testnet allows users to trade with simulated assets while the system tracks activity, performance, and engagement to refine its airdrop allocation framework.

A crypto futures testnet is a practice version of a trading platform where you can trade futures using fake money in real market conditions.

It’s used to learn trading, test strategies, and run bots without risking real funds. Platforms like Binance, Bybit, and Bitget offer these environments with full trading features such as leverage, order books, and charts, but nothing has real value. Everything you do stays separate from the real market, so there’s no financial risk.

Reward structure ties crypto trading to volume, profit, and activity

Under the proposed model, future token rewards will be determined by a weighted system combining trading volume, profit and loss performance, and platform activity. Trading volume accounts for the largest share, while profitability and engagement tasks, such as daily actions and participation, complete the distribution structure.

The design aims to encourage consistent participation in crypto derivatives trading while discouraging low-effort or automated activity. KieDex said the system is being tested to ensure rewards reflect real user behaviour rather than artificial volume generation.

Testnet phase focuses on system refinement and fraud prevention

During this stage, the platform is also working on improving its reward algorithms, expanding trading functionality, and strengthening anti-bot mechanisms to filter out non-genuine activity.

Planned upgrades include user dashboards for tracking trading history, profit-and-loss metrics, and overall engagement levels. The exchange also plans to add more trading pairs as it prepares for full market deployment.

KieDex stated that its long-term goal is to build a crypto futures ecosystem centred on real user participation, with a reward structure that supports sustained trading activity rather than short-term speculation.

The testnet phase will continue as the platform collects data to finalize its mainnet reward distribution model. In another development, Layer 1 blockchain Alephium opened the public testnet for Powfi, its new core decentralized app built to strengthen the network’s crypto economy.

 

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