Derivatives DEX ZKX completed strategic financing of US$7.6 million, with investors including Flowdesk, GCR, etc.

ZKX, a derivatives DEX based on Starknet and Ethereum, announced the completion of a new round of strategic financing of US$7.6 million. The main investors include Flowdesk, GCR, DeWhales, etc. Previous investors also include Hashkey, Amber Group, Crypto.com, and StarkWare. The new financing will be used to accelerate the expansion of the ZKX protocol and introduce new features such as social copy trade pools and expand to cross-chain interoperability. ZKX will launch staking and airdrops at the same time. Starting from June 19, users can stake ZKX to get a share of the platform's revenue. The staking program is designed to incentivize a stable and loyal user base, which is critical to the growth and sustainability of the platform. Airdrops will reward active community members and early adopters. The total supply is 100 million tokens, of which 33% will be unlocked when ZKX is launched. It is reported that ZKX aims to expand its business to multiple L1 and L2 blockchain ecosystems in 2024. (BeInCrypto)