AWAKE (LGNS) Achieves $100M ILO Target as Part of Its Dual-Chain Ecosystem Plan

KuCoinFlash

Release Time: 03/31/2026 12:18:08

Summary

AWAKE (LGNS) announced on-chain that it has achieved its $100 million ILO target via AnubisChain’s CapybaraLaunch platform. The first of three rounds launched on March 30, 2026, with 220 million DAI in the base pool. Awake DeFi, which has over $232 million in liquidity on Polygon, plans a dual-chain strategy and new contracts on Anubis Chain to drive ecosystem growth.

Odaily Planet Daily reports that AWAKE (LGNS) has announced the completion of its first round of the dual-chain ecosystem ILO, reaching the $100 million target. On March 30 at 24:00 Singapore time, it launched a total three-round ILO pool totaling 220 million DAI. The first round of 100 million DAI has already been successfully raised via the AnubisChain launch platform CapybaraLaunch, and the second round of pool contribution is set to commence shortly.

Currently, the Awake DeFi protocol has been live on the Polygon chain for over 750 days, with liquidity exceeding $232 million.

Awake plans to officially launch its dual-chain parallel development strategy after completing the ILO, provided the Polygon chain remains operational, and will simultaneously deploy new contracts on Anubis Chain.

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