Odaily Planet Daily reports that on May 22, the next-generation Perp DEX, PopDEX, announced the completion of a $30 million funding round led by Foresight Ventures. PopDEX is a trader-centric decentralized perpetual contracts trading platform focused on capital efficiency, trading experience, and value distribution mechanisms, aiming to build an on-chain derivatives trading platform driven by real trading contributions.
The team stated that the funding 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 elite traders to participate in internal testing and will continuously refine the product experience based on early user feedback. During the internal testing phase, the focus will be on refining the trading process, capital efficiency, product interaction, risk control, and user experience to prepare for broader open testing and the official product launch.