New-generation Perp DEX PopDEX Completes $30 Million Funding Round, Led by Foresight Ventures

Odaily Odaily reports on May 22 that the new-generation Perp DEX PopDEX has announced the completion of a $30 million funding round, led by Foresight Ventures. PopDEX is a decentralized perpetual contract trading platform centered on traders, focusing on capital efficiency, trading experience, and value distribution mechanisms, aiming to build an on-chain derivatives trading platform driven by real trading activity.

The team stated that the funds 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. PopDEX has already begun inviting select top-tier 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 the trading process, capital efficiency, product interaction, risk control, and user experience, preparing for a wider public beta test and subsequent product launch.