What is Kuma?
Kuma, formerly known as IDEX, is a decentralized trading platform reimagined with a bear-themed identity to reflect its strategic integration into the Berachain ecosystem. Founded in 2017 by Alex and Philip Wearn, the platform originally pioneered hybrid DEX models by combining centralized order matching with on-chain settlement. The rebrand, announced on March 24, 2025, marks Kuma’s pivot toward leveraging Berachain’s Proof of Liquidity (PoL) consensus. This mechanism aligns liquidity provision with network security, enabling a more efficient, scalable, and incentivized trading environment. Staying true to its roots, Kuma remains non-custodial while introducing new features tailored to Berachain’s architecture—delivering improved performance and incentives for both traders and liquidity providers.
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