ZKX, the innovative Social Perp Trading DEX constructed on Starknet and Ethereum, has successfully secured a total of $7.6M in funding up to this point. The latest strategic round of investment comes from key backers like Flowdesk, GCR, DeWhales, and others, adding to the existing support from Hashkey, Amber Group, Crypto.com, and StarkWare.
This influx of funds is poised to accelerate the growth of the ZKX Protocol, paving the way for the introduction of exciting new features like social copy trade pools and a groundbreaking expansion into cross-chain interoperability. These developments align with the overarching goal of making perpetual swaps engaging and accessible to a wider audience. The protocol is tailored to foster social trading through gamified battles of perpetual futures, utilizing its appchain to ensure unmatched scalability and lightning-fast APIs.
The team has unveiled their native token, $ZKX, on platforms like KuCoin, Gate.io, and Bitget. This token launch empowers ZKX users and community members to actively contribute towards shaping the future direction of the protocol.
Founder of ZKX, Eduard Jubany Tur, expressed his excitement, stating, “Two years ago, we set out to make DeFi inclusive and social with ZKX. Today, we mark a significant milestone with the introduction of the $ZKX token. This token goes beyond being a mere digital asset; it serves as a means to recognize the remarkable contributions of our community members, users, and partners. It will play a pivotal role in the governance, staking, and growth of the ZKX ecosystem. We are immensely grateful for the support of our investors who share our vision. This milestone signals the start of a transformative year for ZKX and our users.”
In addition to the $ZKX token launch, the team has rolled out staking and airdrop initiatives. Starting from June 19th, users can stake $ZKX to earn a portion of the platform’s revenue, with staking plans crafted to incentivize a loyal and dedicated user base crucial for sustainable growth.
An airdrop program is also in place to reward active community members and early adopters. Out of the total token supply of 100 million, 33% will be released at launch.
Looking ahead, ZKX has ambitious plans to expand its footprint across various blockchain ecosystems by 2024. To delve deeper into ZKX, visit https://zkx.fi/.
About ZKX:
ZKX revolutionizes trading by introducing PVP battles and competitions for perpetual futures. Leveraging its appchain, ZKX ensures unmatched scalability and high-speed APIs by combining the efficiency of centralized exchanges with the security and autonomy of DeFi. Currently operating on Ethereum and Starknet, ZKX stands at the forefront of the convergence between SocialFi and DeFi.
For more information, explore https://zkx.fi/.
Media contact:
Tanisha Kohli
[email protected]
