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The new generation Perp DEX PopDEX has completed $30 million in funding, led by Foresight Ventures.
Deep Tide TechFlow News, May 22 — The next-generation Perp DEX PopDEX announced the completion of $30 million in funding, led by Foresight Ventures. PopDEX is a trader-centric decentralized perpetual contract trading platform focused on capital efficiency, trading experience, and value distribution mechanisms, aiming to build an on-chain derivatives trading platform driven by real trading contributions.
The team stated that the funding will be used to inject initial liquidity into the project, improve trading depth and capital efficiency, accelerate product development, and expand the team and market. Currently, PopDEX has begun inviting some excellent traders to participate in internal testing and will continuously optimize the product experience based on early user feedback. The internal testing phase will focus on refining trading processes, capital efficiency, product interaction, risk control, and user experience, preparing for subsequent larger-scale open testing and product release.