The L1 Blockchain project Defx has completed a $2.5 million seed funding round, with participation from Pantera Capital and others.

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2025-06-17 09:01:57

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PANews June 17 news, according to official sources, the privacy-focused trading dedicated L1 Blockchain project Defx has completed a $2.5 million seed round financing, with investments from Pantera Capital, CMT Digital, gumi Cryptos Capital (gCC), Baboon VC, CoinShares Ventures, Robot Ventures, Cadenza, as well as Polygon co-founder Sandeep Nailwal, Liminal founder Mahin Gupta, and others. According to reports, Defx is a decentralized exchange based on a Layer 1 blockchain optimized for high-performance perpetual contract trading. In the private “dark pool” execution environment, order information is encrypted using zero-knowledge proof technology, while also ensuring on-chain verifiability.

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