Kodiak Finance
Kodiak Finance is a Berachain-native DeFi protocol offering a full suite of decentralized trading and liquidity products, including a multi-AMM DEX, automated liquidity vaults, perpetuals, a token launchpad, and yield vaults, serving retail traders, liquidity providers, and token projects via self-serve web applications.
- Company typePrivate
- Founded2024
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Kodiak Finance does
Kodiak Finance operates as a decentralized trading and liquidity platform built natively on Berachain, combining a multi-product DeFi protocol suite with deep integration into Berachain's Proof of Liquidity (PoL) consensus mechanism. Its core product, Kodiak DEX, offers both concentrated (V3) and full-range (V2) AMM trading forked from Uniswap. The protocol extends beyond spot trading with Kodiak Islands (automated 'set-and-forget' liquidity management vaults modified from Arrakis V1), Baults (ERC-4626 auto-compounding yield vaults for BGT earning), Panda Factory (permissionless token deployer with bonding curves inspired by pump.fun), Perps (perpetual futures with up to 100x leverage powered by Orderly Network), and kX (a swap aggregator and developer API). The platform also operates a Berachain validator node and has integrated Orbs' dSLTP protocol to become the first DEX on the network offering onchain stop-loss and take-profit orders.
The company is incorporated in Panama as KDK Protocol Labs S.A. and was incubated by BuildABera, the core development team behind Berachain. It raised a $2 million seed round in February 2024 from Amber Group, Shima Capital, dao5, DoraHacks, and a broad syndicate of Web3 investors. Revenue is generated entirely through protocol-level transaction fees on swaps, perpetual trading, and liquidity management, with a 10% early-user fee discount on Perps. The native KDK and escrowed xKDK tokens form a dual-token governance and utility system.
Kodiak serves a horizontal, self-serve DeFi user base spanning retail and institutional traders, liquidity providers, token projects, and perpetual traders, all accessing the protocol through web applications without sales intervention. Go-to-market is community-led and product-led growth, anchored in Discord, Telegram, X, Medium, and ecosystem integrations. The platform has completed multiple security audits by 0xMacro, Kalos, and AstraSec with no critical issues outstanding, and excludes users from a long list of sanctioned jurisdictions.
Kodiak Finance firmographics
Firmographics- Name
- Kodiak Finance
- Legal name
- KDK Protocol Labs S.A.
- Website
- https://kodiak.finance
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Kodiak Finance is a Berachain-native DeFi protocol offering a full suite of decentralized trading and liquidity products, including a multi-AMM DEX, automated liquidity vaults, perpetuals, a token launchpad, and yield vaults, serving retail traders, liquidity providers, and token projects via self-serve web applications.
- Ownership category
- akta.pro rank
Kodiak Finance industry classification
Industry- Product category
- Decentralized Exchange (DeFi Protocol)
- NAICS
- Securities and Commodity Exchanges (523210), Securities and Commodity Exchanges (5232), Commodity Contracts Intermediation (523160)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Liquidity Provision & Market Making Protocols (AMMs, concentrated liquidity, LP tooling) (FSAPAEAF)
- akta.pro secondary industries
- Liquidity Management & Market-Making Protocols (FSADAMAH), DEX Liquidity Provision & Market-Making Protocols (FSADABAI), Liquidity Aggregation & Smart Order Routing (FSADAJAD), Derivatives Trading Venues (perps, futures, options) (FSAPADAE)
Keywords
Where Kodiak Finance is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Kodiak Finance business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- DEX Trading Fees: Kodiak earns revenue through trading fees collected on swaps executed through its DEX V2 and V3 AMMs. Fees are generated on every trade across all trading pairs.
- Perpetuals Trading Fees: Revenue generated from perpetual futures trading through the Perps product, with fees on leveraged positions.
- Kodiak Islands Fees: Automated liquidity management vaults generate fees from liquidity provision strategies, with the protocol capturing value from the automated rebalancing and management of liquidity positions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | 10% Trading fee discount for early Perps users |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Kodiak Finance product offering
Product offeringCore offering
Kodiak Finance operates a multi-product decentralized trading and liquidity platform built on the Berachain blockchain. It combines concentrated and full-range AMMs (DEX V2/V3), automated liquidity management vaults (Islands), perpetual futures trading with up to 100x leverage (Perps), a permissionless token deployer (Panda Factory), auto-compounding BGT yield vaults (Baults), and a swap aggregator API (kX). The protocol positions itself as Berachain's native liquidity hub, integrating with Berachain's Proof of Liquidity mechanism.
Product overview
Kodiak Finance is a comprehensive decentralized trading and liquidity platform built on Berachain, consisting of multiple integrated products: Kodiak DEX (V2 and V3 AMMs for spot trading), Kodiak Islands (automated liquidity vaults), Perps (100x leverage perpetuals powered by Orderly Network), Panda Factory (no-code token deployer), Baults (auto-compounding BGT vaults), kX (swap aggregator API), and Validator services. The platform is anchored by the KDK/xKDK token system for governance and utility. The protocol has undergone multiple security audits by 0xMacro, Kalos, and AstraSec.
Differentiator
Problem solved
Functional benefit
Brands
- Kodiak Islands: Automated liquidity managers with 'set-and-forget' strategies, leveraging Berachain's Proof of Liquidity (PoL) to attract and sustain liquidity.
- Panda Factory
- Baults
- Perps
- kX
- KDK
- xKDK
Products and services
- Kodiak DEX
Companies that use Kodiak Finance
Customer profileSegments4 records
Ideal customer profiles4 records
Kodiak Finance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Kodiak Finance partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- OrbscoreIntegrated Orbs' dSLTP (decentralized Stop-Loss/Take-Profit) protocol on Berachain. Kodiak is the first DEX on the network to offer decentralized stop-loss and take-profit order functionality, enabling traders to set automated conditional execution orders directly onchain. Orbs' dSLTP joins existing dTWAP and dLimit protocols as part of Orbs' Layer-3 trading suite.
- BuildABeracoreIncubated Kodiak Finance as part of the Berachain ecosystem development. BuildABera is the core development team and incubator for Berachain projects.
- Orderly NetworkcoreProvider of perpetual contract service powering Kodiak Perps. Orderly provides the underlying infrastructure for the perpetuals exchange functionality.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Kodiak Finance competitors and assessment
Company assessmentBroad incumbents
- Uniswap: The largest DEX by TVL and volume, operating concentrated and full-range AMMs across Ethereum and multiple L2s. Directly comparable to Kodiak DEX V2/V3 in core AMM design, which Kodiak explicitly forks.
- PancakeSwap: Multi-product DeFi suite on BNB Chain and other chains offering AMMs, yield vaults, perpetuals, and token launches. Highly comparable to Kodiak's broad product strategy (DEX + Perps + token launch + vaults) on a single chain.
Direct peers
- Trader Joe: Native DEX and liquidity hub on Avalanche with AMM, Liquidity Book, and a lending product. Comparable to Kodiak as a single-chain flagship DEX with native AMM and liquidity-management primitives.
- SushiSwap: Multi-chain DEX with AMM, limit orders, and yield products. Comparable to Kodiak's swap, limit-order, and yield-vault offerings and competes in DeFi liquidity provision.
- Camelot DEX: Native DEX on Arbitrum with concentrated and stable AMMs plus a launchpad. Closely comparable to Kodiak as a chain-native DEX + token launchpad combination serving an L2 ecosystem.
- Velodrome (Optimism): Native DEX and liquidity hub on Optimism using a Solidly-style ve(3,3) model with automated liquidity management. Highly comparable to Kodiak as the flagship DEX of an OP-stack ecosystem.
- Aerodrome (Base): Native DEX and central liquidity hub on Base with concentrated liquidity and incentive emissions. Direct analogue to Kodiak's role as Berachain's native DEX and PoL-aligned liquidity platform.
Emerging players
- Hyperliquid: Decentralized perpetuals exchange with on-chain order book and high leverage. Comparable to Kodiak's Perps product, though Hyperliquid operates its own L1 rather than integrating a third-party provider like Orderly.
- Ramses Exchange: Native DEX on Arbitrum Nova with concentrated liquidity and ve(3,3) tokenomics. Comparable to Kodiak as a chain-native DEX competing for LP incentives and trading volume within an emerging ecosystem.
- Arrakis Finance: Automated liquidity management vaults originally deployed on Uniswap V3; Kodiak Islands is explicitly modified from Arrakis V1. Closest direct comparability to the Islands product line.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Kodiak Finance social profiles
Digital presenceKodiak Finance compliance and trust
Trust signalCompliance6 records
Kodiak Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Kodiak Finance leadership team
Management profileNumber of profiles
Kodiak Finance funding detail
Funding detailFunding overview
Funding rounds2 records
Investors24 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Kodiak Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Kodiak Finance
What does Kodiak Finance do?
Kodiak Finance operates a multi-product decentralized trading and liquidity platform built on the Berachain blockchain. It combines concentrated and full-range AMMs (DEX V2/V3), automated liquidity management vaults (Islands), perpetual futures trading with up to 100x leverage (Perps), a permissionless token deployer (Panda Factory), auto-compounding BGT yield vaults (Baults), and a swap aggregator API (kX). The protocol positions itself as Berachain's native liquidity hub, integrating with Berachain's Proof of Liquidity mechanism.
Is Kodiak Finance a public or private company?
Kodiak Finance is a private company. It is classified as venture growth investor backed and is currently operating.
When was Kodiak Finance founded?
Kodiak Finance was founded in 2024. It employs 1 to 10 people.
Where is Kodiak Finance based?
Kodiak Finance is headquartered in Singapore, Singapore, in the Asia region.
How does Kodiak Finance make money?
Three revenue lines are on record. DEX Trading Fees are the primary driver. The others are perpetuals Trading Fees and kodiak Islands Fees.
Who are Kodiak Finance's main competitors?
Broad incumbents on record are Uniswap and PancakeSwap. Direct peers are Trader Joe, SushiSwap, Camelot DEX, Velodrome (Optimism) and Aerodrome (Base). Emerging players are Hyperliquid, Ramses Exchange and Arrakis Finance.
Does Kodiak Finance have an API?
Yes. Kodiak provides a swap aggregator and API (kX) for developers to integrate DEX functionality. The documentation includes a Backend API section for retrieving data and Swap API (kX) for swap operations. The llms.txt index references 'Swap API (kX)' and 'Swap API (Kodiak Router)' documentation pages. Developer documentation is at documentation.kodiak.finance/developers/dex/swap-api-kx.md.
What industry is Kodiak Finance in?
Kodiak Finance's product category is Decentralized Exchange (DeFi Protocol). Its primary akta.pro industry code is FSAPAEAF, Liquidity Provision & Market Making Protocols (AMMs, concentrated liquidity, LP tooling), with a secondary code of FSADAMAH, Liquidity Management & Market-Making Protocols. Its NAICS code is 523210 and its SIC code is 6200.