GammaXRaised $4 million in funding to launch crypto derivatives exchange on Ethereum Layer-2 solution.
Singapore-based company developing a new high-performance hybrid crypto derivatives exchange, developer of zero-knowledge technology StarkWareand liquidity provider Dexterity Capitaannounced the completion of a $4 million seed investment round with the support of l.
GammaX Will Incorporate the Features of Both Centralized and Decentralized Exchanges in its New Exchange
GammaXanonymous co-founder of Defi Dasmade a statement after the investment tour, which collected 4 million dollars for the new stock market studies.
Defi Das said:
“Our mission is to create the world’s fastest, most complete, easiest to use and most responsive exchange for investors. To achieve this, we blend the best of both centralized and decentralized exchanges.”
Also, DeFi Das added:
“What we have heard is that many of the exchanges available in our industry fall short in several areas when it comes to a top-notch user experience.”
To better serve users, GammaX says the platform’s order book and matching engine are kept off-chain for lower latency. In addition, he says that the payment and storage of user funds is done on-chain via smart contracts.
