Perpl Completes $9.25 Million Financing, Dragonfly Leads Investment

Odaily News Perpl, a Perps DEX project, announced the completion of a $9.25 million financing, led by Dragonfly, with participation from Ergonia, Brevan Howard, Breed, L1D and CMS. Perpl plans to use Monad's high-performance EVM architecture to build a central limit order book (CLOB) on its chain. The team, headquartered in London, aims to launch a testnet and plans to launch the mainnet after the Monad mainnet goes live. (Blockworks)