ChainCatcher message, according to official news, MEXC has launched Quai Network (QUAI) in the innovation zone on February 20 at 10:40 (UTC+8), and opened the QUAI/USDT trading market. The current price is 0.087 USDT, with a 24-hour increase of 20%. Flash exchange will be available on February 21 at 18:00 (UTC+8), allowing users to seamlessly and in real-time exchange with other assets.To celebrate the launch of Quai Network (QUAI), MEXC is launching the Airdrop+ event, with a total prize pool of 280,000 QUAI and 50,000 USDT. The event will run from February 21, 2025, 14:00 to March 7, 18:00 (UTC+8).

ChainCatcher news, MEXC Innovation Zone will globally launch Quai Network (QUAI) on February 20 at 10:40 (UTC+8), and open the QUAI/USDT trading market. This token will also soon be available on MEXC Instant Exchange for seamless and instant exchanges with other assets. The QUAISDT contract will go live on February 20 at 10:50 (UTC+8), supporting leverage of 1-50 times, in both full and isolated margin modes.

ChainCatcher news, according to The Block, the L1 network Quai Network has completed a $5 million strategic funding round, with participation from Cogitent Ventures, MH Ventures, TPC Ventures, Giga Chad Ventures, and DexCheck Ventures. After several previous funding rounds, the company's total funding has reached $15 million, of which $10 million comes from Polychain Capital, Alumni Ventures, and others.It is reported that the new funds will be used to expand the project's engineering and developer relations team, support R&D efforts, and invest in community engagement programs.