ChainCatcher report: Decentralized futures exchange MNX, built for the AI economy, has raised $64 million in funding, with participation from Village Global, Cambrian, Relay Digital, North Island Ventures, and others. MNX aims to build native AI derivatives infrastructure, covering futures on GPU rental prices, data center electricity costs, valuation markets for private labs such as OpenAI, Anthropic, and DeepSeek, AI benchmark and financial forecasting markets, and perpetual contracts on AI-related global equities. The platform supports leverage, portfolio margining, and batch auction fair execution, with settlement conducted in a fully non-custodial manner on MegaETH. The mainnet is scheduled to launch this summer.
Decentralized Futures Exchange MNX Completes $6.4M Funding Round
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Summary
The decentralized futures market MNX has closed a $6.4 million funding round led by Village Global, Cambrian, Relay Digital, and North Island Ventures. The platform is building AI-native derivatives infrastructure, including perpetual futures on GPU rental prices, data center power costs, and private lab valuations for major AI firms. MNX supports leverage, portfolio collateral, and batch auctions for fair execution, with non-custodial settlements on MegaETH. The mainnet is set to launch this summer.
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