TechFlow News — Multi-chain DeFi protocol iZUMi Finance announced it has raised $30 million in funding from institutional investors including Ivy Venture, Cobo, and Mirana, with over $10 million coming from convertible bond vouchers issued in collaboration with Solv Protocol.
At the same time, iZUMi has launched iZiSwap, an innovative DEX on BNB Chain that introduces a novel Discrete Liquidity AMM (DL-AMM) model. This model offers thousands of times greater capital efficiency compared to traditional constant product AMMs, providing deeper liquidity for traders and higher returns for liquidity providers. iZiSwap currently holds $13 million in TVL and has surpassed $1 million in 24-hour trading volume. (CoinDesk)
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