TechFlow news: D8X, a perpetual contract DEX protocol on Polygon, has raised $1.5 million in pre-seed funding led by Polygon Ventures, with participation from Axelar Network, Swissborg Ventures, Cogitent Ventures, Veris Ventures, G1 Ventures, Pragma Ventures, CryptoDiscover, and others.
Notably, D8X is an institutional-grade perpetual contracts DEX protocol built on Polygon zkEVM, aiming to bring DeFi to institutional investors. D8X is currently live on the Polygon testnet, accepting USDC or MATIC as collateral assets. Supported order types include market and limit orders, with the AMM acting as counterparty in every trade.
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