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Perp DEX PopDEX Completes $30 Million Financing Led by Foresight Ventures

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On May 22, the next-generation Perp DEX PopDEX announced the completion of a $30 million financing round, led by Foresight Ventures. PopDEX is a decentralized perpetual contract trading platform focused on traders, emphasizing capital efficiency, trading experience, and value distribution mechanisms. It aims 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, enhance trading depth and capital efficiency, accelerate product development, and expand the team and market. Currently, PopDEX has begun inviting select outstanding 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 aspects such as trading processes, capital efficiency, product interaction, risk control, and user experience, in preparation for a broader open testing and product launch.
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