ChainCatcher message, DeFi derivatives protocol Perennial has launched its V2 version, which is now live on the Arbitrum network and will soon be available on the Base network. New features include oracle updates, support for complex order types, multi-asset vaults, and more.

ChainCatcher news, according to The Block, DeFi derivatives protocol Perennial has completed a $12 million seed round financing, co-led by Polychain Capital and Variant, with participation from Archetype, Coinbase Ventures, Scalar Capital, Robot Ventures, and others.Perennial was co-founded by Kevin Britz and Arjun Rao, and the protocol has not yet issued a token. Before Perennial, the two co-founded Astro Wallet in 2017, which was acquired by Coinbase in 2019. Britz stated that they are still working as advisors for Coinbase. (The Block)