Decentralized Perpetual Contract Trading Platform OX.FUN Raises $4 Million in Funding Round

According to BlockBeats, decentralized perpetual contract trading platform OX.FUN has completed a new funding round, raising $4 million. The round was led by Foresight Ventures, with participation from Double Peak Group, EmChain, and Genblock Capital. The funds will be used for product iteration, team building, and market expansion. OX.FUN is an innovative perpetual contract trading platform that uses OX as the base collateral for contracts and adopts the OX&MILK dual-token model. Investors can obtain tokens regardless of their gains or losses. Since its launch, the platform has seen a trading volume of over 20 billion OX and deposits exceeding 1.5 billion OX.