On-chain perpetual DEX LogX completes $4 million strategic round financing, with participation from DWF Labs and others

ChainCatcher news, the on-chain perpetual DEX LogX announced the completion of a $4 million strategic funding round on X, bringing its total funding to $10.1 million, with participation from Hashed Emergent, Cumberland VC, Saison Capital, Gate Labs, DWF Labs, Antler, Coinswitch Ventures, Wagmi Ventures, and Kairos Capital.

LogX will use the new funding to develop into a DeFi super application, offering leveraged prediction markets and exotic perps, while expanding to TON, Solana, Bitcoin, Move, and the EVM ecosystem.

According to the Web3 asset data platform RootData, LogX completed a $6.1 million seed funding round in February this year, with participation from Coinbase Ventures, Sequoia Capital, and others.