Kyber Network is a DeFi protocol that enables users to exchange crypto assets without an intermediary. Its developer-friendly architecture allows for easy integration of dApps, decentralized exchanges, and digital wallets. Transactions on Kyber Network are fully on-chain, making them easily verifiable, and users can earn fees from trades in the network. Its native token, KNC, is used to pay fees on the protocol, and holding KNC also lets users participate in governance by voting on proposals.