According to ChainCatcher, the on-chain perpetual DEX LogX announced the completion of a US$4 million strategic round of financing, bringing its total financing amount to US$10.1 million. Hashed Emergent, Cumberland VC, Saison Capital, Gate Labs, DWF Labs, Antler, Coinswitch Ventures, Wagmi Ventures, Kairos Capital and others participated in the investment.
LogX will use the new funding to develop into a DeFi super application, providing leveraged prediction markets and exotic perps, while expanding to TON, Solana, Bitcoin, Move, and EVM ecosystems.
According to the Web3 asset data platform RootData, LogX completed a US$6.1 million seed round of financing in February this year, with participation from Coinbase Ventures, Sequoia Capital and others.
