[Asia Economy Reporter Jang Hyowon] Six Network announced on the 21st that its decentralized exchange (DEX) platform ‘definix,’ developed for the DeFi (Decentralized Finance based on blockchain) business, has officially launched its service on the 21st. Six Network is a subsidiary of FSN ASIA, the overseas business division of Future Stream Networks (FSN), a comprehensive digital marketing specialist company.
With this official launch, ‘definix’ supports transactions based on ‘Klaytn,’ an open blockchain operated by Ground X, a blockchain technology affiliate of Kakao (035720), establishing a multi-chain system that supports both Klaytn and Binance networks, thereby expanding user accessibility. In addition to Klaytn-based tokens, it now allows a wide range of trading and staking for universal tokens such as Bitcoin (BTC) and Ethereum (ETH).
The company also completed smart contract security verification from reputable blockchain security institutions including Certik, Techrate, and Soteria. Beyond the coin swap (SWAP) functions provided by existing decentralized exchanges, the platform plans to enhance competitiveness by offering various differentiated services such as linking Non-Fungible Tokens (NFTs) in the future.
Choi Changhyun, CEO of FSN ASIA, stated, “Definix is a DeFi project based on Klaytn, a leading blockchain operator in Korea. By supporting the Klaytn-based system in addition to the existing Binance, it significantly improves user service accessibility. We hope that definix, aiming to pioneer the Asian DeFi market together with Klaytn, will establish itself as a stable blockchain-based asset management platform in the future.”
Focusing on the decentralized system, a key strength of blockchain, the ‘definix’ platform targeting the global financial market began its open beta service in the Asian market last April based on the existing Binance Smart Chain (BSC) network. Within 10 days of the beta service launch, definix achieved a total value locked (TVL) of $60 million (approximately 66.6 billion KRW), a growth indicator for decentralized exchange platforms.
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