First Social Decentralized Perpetual Exchange raised $7.6M in total, Introduces Governance Token

ZKX,
the
first
Social
Perp
Trading
DEX
built
on
Starknet
and
Ethereum,
has
successfully
raised
a
total
of
$7.6M
to
date
with
a
new
strategic
round
of
funding
from
key
investors
such
as
Flowdesk,
GCR,
DeWhales
and
more.
Previous
investors
include
Hashkey,
 Amber
Group,
Crypto.com,
and
StarkWare.

The
infusion
of
capital
is
set
to
accelerate
the
expansion
of
the
ZKX
Protocol.
This
will
facilitate
the
introduction
of
new
features
such
as
social
copy
trade
pools
and
the
groundbreaking
expansion
into
cross-chain
interoperability,
aligning
with
their
vision
of
making
perpetual
swaps
fun
and
accessible
for
all.
The
protocol
is
designed
to
make
trading
social
with
gamified
trading
battles
of
perpetual
futures,
leveraging
its
appchain
to
deliver
unparalleled
scalability
and
high-speed
APIs.

They
launched
their
native
token,
$ZKX,
on
KuCoin,
Gate.io,
and
Bitget. The
launch
of
the
$ZKX
token
empowers
ZKX
users
and
community
members
to
shape
the
direction
of
the
protocol
alongside
the
team. 

Eduard
Jubany
Tur,
Founder
at
ZKX,
said, “Two
years
ago,
we
launched
ZKX
with
the
goal
of
making
DeFi
accessible
and
social.
Today,
we
celebrate
a
major
milestone
with
the
launch
of
the
$ZKX
token.
This
token
isn’t
just
a
digital
asset;
it’s
a
way
to
reward
the
incredible
contributions
from
our
community
members,
users,
and
partners.
It
will
play
a
key
role
in
governance,
staking,
and
growth
of
the
ZKX
ecosystem.
We
deeply
appreciate
the
support
of
our
investors
who
believe
in
our
vision.
This
milestone
marks
the
beginning
of
a
transformative
year
for
ZKX
and
our
users.”

Additional
Launch
Initiatives

The
launch
of
$ZKX
is
accompanied
by
the
launch
of
staking
and
airdrop.
Starting
on
June
19th,
users
can
stake
$ZKX
to
earn
a
share
of
the
platform’s
revenue.
The
staking
plans
are
designed
to
incentivize
a
stable
and
committed
user
base,
crucial
for
the
platform’s
growth
and
sustainability.

Airdrop
is
set
to
reward
active
community
members
and
early
adopters.
With
a
total
supply
of
100
million
tokens,
33%
will
be
unlocked
at
launch.

ZKX
aims
to
expand
its
presence
across
multiple
L1
and
L2
blockchain
ecosystems
in
2024.
To
learn
more
about
ZKX,
please
visit https://zkx.fi/.

About
ZKX: 

ZKX
makes
trading
social
with
PVP
battles
and
competitions
for
perpetual
futures.
Leveraging
its
appchain,
ZKX
delivers
unparalleled
scalability
and
high-speed
APIs
by
combining
the
efficiency
of
centralized
exchanges
with
the
self-custody
and
trust
of
DeFi.
ZKX
is
currently
deployed
on
Ethereum
and
Starknet,
and
is
leading
the
way
where
SocialFi
meets
DeFi.

Explore
more
at https://zkx.fi/.

Media
contact:

Tanisha
Kohli

[email protected]