PopDEX Raises $30 Million as VCs Bet Big on Perp DEX Comeback
BeInCrypto
PopDEX secured $30 million in funding as venture capital firms continue to invest heavily in decentralized perpetual exchange projects.Summary
PopDEX has raised $30 million in a strategic seed round led by Foresight Ventures, aiming to enhance capital efficiency and implement a trader-focused incentive model. While the broader cryptocurrency venture capital market has faced a significant slump, perpetual decentralized exchanges (perp DEX) remain a key focus for investors, alongside stablecoins and real-world assets. PopDEX, currently in invite-only testing, intends to use the capital to provide liquidity and conduct security audits, joining other recent major raises in the sector from protocols like Variational and Liquid.
(Source：BeInCrypto)