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On-Chain Perpetual DEX LogX Completes $4 Million Strategic Funding Round, with DWF Labs Among Investors

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September 17, 2024
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ChainCatcher News: On-Chain Perpetual DEX LogX Completes $4 Million Strategic Funding Round

LogX, a leading on-chain perpetual DEX, announced the completion of a $4 million strategic funding round, bringing its total funding to $10.1 million. The round saw participation from prominent investors including Hashed Emergent, Cumberland VC, Saison Capital, Gate Labs, DWF Labs, Antler, Coinswitch Ventures, Wagmi Ventures, and Kairos Capital.

LogX plans to utilize the new funding to evolve into a DeFi super-app, offering leveraged prediction markets and exotic perps while expanding across TON, Solana, Bitcoin, Move, and EVM ecosystems.

According to RootData, a Web3 asset data platform, LogX previously secured $6.1 million in seed funding in February, with participation from investors like Coinbase Ventures and Sequoia Capital.

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