Kona DeFi Launches Leverage Trading on Abstract Chain
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konadefi has activated leverage trading on abstractchain as of March 21, 2026, integrating two of its core protocols to power the new feature.
The launch combines Kona Swap and Kona Lend to enable leveraged positions directly on Abstract. Users can now borrow against supplied assets via Kona Lend and deploy those funds through Kona Swap, creating a looped leverage mechanism without leaving the platform.
About Kona
konadefi is a full-stack DeFi protocol built on abstractchain by KittyPunch, offering a suite of interconnected financial products including spot and derivatives trading, lending, algorithmic stablecoins, and yield optimization. The platform is designed with consumer accessibility in mind, targeting users at the intersection of DeFi and NFT markets.
The leverage trading launch follows recent activity on the platform, including a PENGU yield strategy on Kona Lend and an updated perpetuals interface in partnership with @BlotOnInk.
No specific leverage limits or supported trading pairs were disclosed in the announcement. Users can access the feature directly through the Kona platform on abstractchain.
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