Knit Finance Logo

Knit Finance KFT

Knit Finance header image

1. Summary


Momentum (beta)
Stack Rankā„¢
52W High price $0.007570977200
52W High date 16th Aug 2023 (10 months ago)
All Time High (ATH) Date 2nd Sep 2021 (2 years ago)
ATH Price $3.33
% From ATH -99.88%
All Time Low (ATL) Date 6th Dec 2022 (1 year ago)
ATL Price $0.002710180000
% From ATL 42.46%
Supply & Trading Volume
Trading Volume (24h) $23,340.00
Total Supply 100.00M
Max Supply 100.00M
Circulating Supply 54.10M

Knit Finance (KFT)

Knit Finance (KFT)

Knit Finance is a decentralized protocol for creating cross-chain wrappers for assets. The project aims to bridge the gap between different blockchain formats by allowing users to deposit assets into insured custody and mint k-assets, which are 1:1 equivalent in value and can be traded, staked for yield, lent, and used for margin trading across multiple chains. This provides DeFi features to multi-class assets that were previously inaccessible.

Key Features

  • Asset Wrapping: Knit Finance creates 1:1 equivalent assets wrapped across multiple blockchains, facilitating interoperability.
  • Insured Custody: Deposited assets are held with insured custody, providing users with an additional layer of security.
  • Multi-Chain Integration: Knit Finance operates on Polkadot, Ethereum, and Binance Smart Chain, allowing for asset integration across these networks.
  • Smart Contracts: The protocol uses smart contracts for yield, lending, trading, and margin services.

Technologies Used

  • Substrate: The core components are built on Substrate.
  • Polkadot: Provides a large ecosystem, enhancing the potential for adoption.
  • Ethereum Blockchain: Used for its extensive DeFi ecosystem.
  • Binance Smart Chain: Allows for fast, low-cost, and cross-chain asset transfers.
  • Solidity: Used for the programming language for smart contracts.

Key Goals

  • DeFi Accessibility: Enabling non-ERC20 and non-DeFi assets to participate in DeFi activities.
  • Liquidity Flow: Facilitating the flow of billions of dollars in liquidity into different DeFi asset classes.
  • Market Expansion: Enabling the expansion of DeFi to other asset classes, such as stocks, gold, and bonds.
2. Price


2.1. Market Performance

How does Knit Finance's (KFT) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return




Similar Market Cap

60 Day Return




Similar Market Cap

1 Year Return




Similar Market Cap

3. Developer Activity

We're monitoring 10 Knit Finance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Knit Finance Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 138

Most Active Repos

Past week 167
Past 12 weeks 453
Past year 894
Past week 0
Past 12 weeks 0
Past year 477
Past week 0
Past 12 weeks 9
Past year 168
Past week 0
Past 12 weeks 2
Past year 17

Top Developers 2024

In total, 109 developers have contributed to Knit Finance over the past year. Who are the most active Knit Finance developers, by commits, over the past year?

Related Projects

Developers working on Knit Finance also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 6,787
Twitter followers 41,109
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Twitter @knitfinance

What is the correct contract address for Knit Finance?

Ethereum 0xef53462838000184f35f7d991452e5f25110b207
Binance-smart-chain 0x1b41a1ba7722e6431b1a782327dbe466fe1ee9f9

Has Knit Finance been audited for security?

No security audits found for this project.

Are you the owner of Knit Finance? Edit it here

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