# Understanding Kilo (KILO): A Beginner's Guide to the KiloEx Token
**Article Overview:**
This comprehensive guide introduces KILO token, the native governance and utility token of KiloEx—a decentralized perpetual futures trading platform. The article explores KiloEx's revolutionary ecosystem features, including its innovative Hybrid Vault mechanism, market-average pricing, and multi-chain deployment strategy. It details KILO's tokenomics with 1 billion fixed supply, trading fee distribution mechanisms (40% ecosystem, 30% xKILO holders, 30% liquidity pools), and structured airdrop allocation (10% of total supply). Designed for both beginner and intermediate crypto investors, this guide explains how KILO holders gain governance rights, passive income through staking rewards, VIP privileges, and access to diverse trading assets spanning crypto, forex, equities, and commodities. The article compares KILO's competitive advantages against other DEX tokens while outlining KiloEx's development roadmap and future g