Spin, a decentralized trading platform allowing for both futures and options trading built on Solana, raised $3.75M in Seed funding.
The round was led by Lemniscap with participation from GSR, Spartan Group, ZMT Capital, Longhash Ventures, and AngelDAO.
The company intends to use the funds to support the DEX further development.
Founded in mid June 2021, Spin is building a multichain solution for on-chain derivatives trading that executes order book order execution model to provide users with CEX-competitive user experience. The DEX has already released decentralized perpetuals on Solana’s testnet and the alpha of the first spot on-chain order book on NEAR Protocol.
FinSMEs
06/02/2022
- Website – http://spin.fi
- Twitter – https://twitter.com/spin_fi
- Discord – https://discord.gg/82kxbUpAPH
- Telegram – https://t.me/spin_fi & https://t.me/spin_fi_chat
SOURCE Spin