Last updated：--
View ChartRed Kite (PKF) is a launchpad platform that enables investors to participate in pre-sales of carefully selected Web3 projects. Built on the PolkaFoundry ecosystem, which rebranded as Firebird in October 2022, Red Kite utilizes the PKF token as its native utility asset. The platform is positioned as a full life-cycle hub for Web3 builders, offering a comprehensive environment for token sales and project launches. PKF is an ERC-20 token on the Ethereum blockchain with a total supply of 200,000,000 tokens. The platform supports multi-chain pools across Ethereum, BSC, and Polygon, and is powered by Icetea Labs, a leading Web3 incubator in Asia.
Red Kite was built on PolkaFoundry, which was founded in 2018 by Thi Truong, a former key member of Kyber Network's core team. Lester Lim, founder of X21 Digital, is also referenced in relation to PolkaFoundry's founding context. PolkaFoundry operated as a one-stop production hub for DeFi and NFT applications on Polkadot before rebranding as Firebird in October 2022. Red Kite is powered by Icetea Labs, Asia's leading Web3 incubator specializing in Web3 development, game discovery, and user engagement. Through this relationship, Red Kite benefits from technical advisors, accelerator programs, and other ecosystem resources.
Red Kite operates as a launchpad where users can participate in initial DEX offerings and token sales of vetted Web3 projects. The participation process follows a structured flow: users purchase PKF tokens, stake them on the platform, complete KYC verification, and then join IDO pools to begin investing. The platform supports pools on Ethereum, BSC, and Polygon. A lane-based swap system is designed to ensure fairness for all participants. An integrated vesting schedule manages token distribution over time. The platform also employs a reputation point-based tier-ranking system, where users may qualify for special bonuses or benefits depending on their tier level.
Red Kite distinguishes itself through several features. Its lane-based swap system promotes fairness among participants, while the integrated vesting schedule and reputation point-based tier-ranking system add structure to the investment process. The platform offers multi-chain support, accommodating pools on Ethereum, BSC, and Polygon. Red Kite is also pursuing an independent growth strategy, with plans to build DAO models and add distinctive features that increase utility for PKF holders. The platform aims to become a pioneering Smart Launchpad by incorporating AI technologies to deliver powerful and innovative solutions. Its connection to Icetea Labs provides access to a broad network of technical advisors and accelerator programs.
PKF serves multiple functions within the Red Kite ecosystem. It is primarily used for staking to participate in pools on the Red Kite Launchpad, acting as the access key to the platform's exclusive investment opportunities. Holding PKF tokens allows investors to join token sale rounds of handpicked projects. The token can be purchased on Uniswap. When the Firebird blockchain launches its mainnet, PKF token holders will be able to swap their ERC-20 PKF tokens for native PKF coins at a 1-for-1 rate. As Red Kite develops its DAO models, PKF is expected to gain additional utility within the governance framework.
Red Kite is part of the broader PKF ecosystem that originated from PolkaFoundry. In March 2023, Red Kite and Firebird officially announced that both brands would focus on growth strategies best suited to their individual needs, with PKF tokens belonging to Red Kite. The platform has established relationships with entities such as Sotatek, which lists RedKite IDO Launchpad as a portfolio project. Red Kite's development roadmap includes gradual ecosystem expansion, the construction of DAO models, and the addition of distinctive features to increase utility for PKF owners. The platform continues to position itself as a full life-cycle hub for Web3 builders, with multi-chain support and a focus on integrating AI technologies.
PKF is not a mineable cryptocurrency. It is an ERC-20 token on the Ethereum blockchain with a fixed total supply of 200,000,000 tokens. There is no mining mechanism associated with Red Kite. Instead, users acquire PKF tokens through purchase on decentralized exchanges such as Uniswap or through participation in the platform's ecosystem. The primary way to engage with PKF is through staking, which is required to participate in pools on the Red Kite Launchpad. Staking PKF grants users access to investment opportunities and may qualify them for tier-based benefits depending on their reputation points and holding level.
Since PKF is an ERC-20 token on Ethereum, standard security practices for Ethereum-based assets apply. Users should store PKF in a reputable wallet that supports ERC-20 tokens, such as hardware wallets for maximum security or well-established software wallets for convenience. Private keys and seed phrases should never be shared with anyone. Before interacting with any platform, users should verify the official contract address to avoid counterfeit tokens. Completing KYC on the Red Kite platform is part of the participation process and helps ensure account security. Users should also be cautious of phishing attempts and only use official links provided by the project. Keeping wallets updated and using two-factor authentication where available adds an extra layer of protection.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Red Kite products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for PKF are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Red Kite (PKF) is ₹0.210998. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PKF to USD rate at the top of BTCC’s price page. In terms of market scope, Red Kite records a 24h trading volume of ₹0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹2.419981Cr. Its current circulating supply stands at 11.47Cr out of a maximum supply cap of 20Cr.
The price volatility of Red Kite (PKF) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (11.47Cr) to max supply (20Cr), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Red Kite (PKF) hit an all-time high (ATH) of ₹279.65141 on 2021-03-18 07:00, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.209737 on 2026-02-24 20:50. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading PKF futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PKFUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Red Kite, simply log into your BTCC account with USDT margin available, navigate to the PKFUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for PKFUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.210998), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for PKFUSDT with zero financial risk.
Trading Red Kite (PKF) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for PKFUSDT, and review its live price (₹0.210998) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
Bitcoin
Ethereum
Tether USDt
BNB
XRP
Solana
Dogecoin
Cardano
Avalanche
