Surf Protocol, a perpetual contract trading platform, has raised $3 million in funding with ABCDE Capital leading the investment.
BlockBeats reported on October 30th that Surf Protocol, a perpetual contract trading platform based on Base, has completed a $3 million financing round led by ABCDE Capital, with participation from OP Crypto and C² Ventures, according to Cointelegraph.
Surf Protocol is pioneering a solution to address the limitations of the Perp DEX market's tradable asset range. The protocol is at the forefront of innovation with its unique AMM structure, providing liquidity providers (LP) with flexibility to strike a balance between ensuring high fees and prioritizing order matching.