ZKX announced on the 19th that it has successfully completed a new $7.6 million strategic funding round led by Flowdesk, GCR, and DeWhales. On the same day, ZKX officially launched its governance token $ZKX, which is now available for trading on major exchanges.
Starknet’s incentive program “DeFi Spring”: Earn $STRK and $ZKX dual-token rewards for trading on ZKX.
Background:
Starknet flagship project ZKX introduces “OG Trade, Pro Trade”: Gamified trading for earning $ZKX and $STRK rewards!
This article is an advertorial provided and written by ZKX, does not represent the views of the platform, and is not investment advice or recommendations for buying or selling. See disclaimer at the end of the article.
ZKX is the first social perpetual contract trading DEX built on Starknet and Ethereum. As of June 19, it has raised a total of $7.6 million in funding, with major investors in this latest strategic round including Flowdesk, GCR, and DeWhales, alongside previous investors Hashkey, Amber Group, Crypto.com, and StarkWare.
This investment will accelerate the expansion of the ZKX protocol, facilitating the introduction of new features like social copy trade pools and breakthroughs in cross-chain interoperability. ZKX aims to democratize perpetual swap trading through gamified trading competitions with perpetual futures contracts, leveraging its application chain to offer users excellent scalability and high-speed APIs.
ZKX has listed its native token $ZKX on KuCoin, Gate.io, and Bitget exchanges. The launch of the $ZKX token empowers ZKX users and community members to shape the direction of the protocol.
ZKX founder Eduard Jubany Tur stated:
Other initiatives: Staking, Airdrops
The issuance of $ZKX is accompanied by the launch of staking and airdrops. Starting June 19, users can stake $ZKX to earn a portion of the platform’s revenues. The staking program aims to incentivize a stable and loyal user base, crucial for the platform’s growth and sustainability.
Airdrops aim to reward active community members and early adopters. The total supply of $ZKX tokens is 100 million, with 33% unlocked at issuance.
ZKX aims to expand its influence across multiple L1 and L2 blockchain ecosystems by 2024.
Read the full announcement here:
https://zkx.fi/blogs/the-zkx-token-launch
About ZKX
ZKX makes trading social through PVP battles and perpetual futures contract competitions. It combines the efficiency of centralized exchanges with DeFi’s self-custody and trustlessness using its application chain, offering exceptional scalability and high-speed APIs. ZKX is currently deployed on Ethereum and Starknet, leading the way where SocialFi meets DeFi.
Blog:
https://bit.ly/4btGDY5
Official Website:
https://bit.ly/3Xty0t5
Disclaimer: This article is a promotional piece provided by the contributor, unrelated to the platform. It does not represent the platform’s views. The article does not provide investment, asset, or legal advice and should not be considered an offer to buy, sell, or hold assets. References to any services, schemes, or tools are for informational purposes only, subject to the contributor’s announcements or explanations, and the platform does not assume responsibility for any risks or losses. Readers are advised to exercise caution and conduct their own due diligence before making any decisions or actions.