ZKX, the pioneering Social Perpetual Trading DEX on Starknet and Ethereum, has successfully raised $7.6 million in total funding. This includes a recent seed round of $6.3 million with contributions from Flowdesk, GCR, and DeWhales. Previous investors include Hashkey, Amber Group, Crypto.com, and StarkWare.
This capital will accelerate the development of the ZKX Protocol, enabling new features like social copy trade pools and cross-chain interoperability. The protocol aims to make perpetual swaps engaging and accessible, offering gamified trading battles of perpetual futures with scalable and high-speed APIs via its appchain.
ZKX has launched its native token, $ZKX, now available on KuCoin, Gate.io, and Bitget. This token empowers users to influence the protocols direction and participate in governance, staking, and ecosystem growth.
“Two years ago, we set out to make DeFi accessible and social. Today‘s launch of the $ZKX token is a milestone that rewards our community’s contributions and marks the start of a transformative year for ZKX.”
Eduard Jubany Tur, Founder of ZKX
Alongside the token launch, ZKX is rolling out staking and airdrop programs starting June 19th. Users can stake $ZKX to earn a share of the platforms revenue, fostering a stable user base. An airdrop will reward active community members and early adopters, with 33% of the 100 million token supply unlocked at launch.
ZKX plans to expand across multiple L1 and L2 blockchain ecosystems in 2024. For more details, visit ZKX.
About ZKX
ZKX combines social trading with PVP battles and perpetual futures competitions. Utilizing its appchain, ZKX delivers scalability and high-speed APIs, merging centralized exchange efficiency with DeFis trust and self-custody. Currently deployed on Ethereum and Starknet, ZKX leads the intersection of SocialFi and DeFi.