#CoinMarketCap Market Pulse | Weekend
DEFI BRIEF 🏦
The #Phantom wallet introduces Phantom Perps, enabling users to directly trade perps within the wallet interface, with Hyperliquid as the underlying.
Perpetual DEX, GMX, has been exploited on their GMX V1 implementation, resulting in $40M in assets stolen from the GMX Liquidity Pool.
Perpetuals DEX, Aevo, introduces perps for stocks on Base, enabling up to 1000x leverage on stocks including CRCL, COIN, MSTR and HOOD.
VC FUNDRAISES AND AIRDROPS 💰
Monad-based CLOB DEX, Kuru Exchange, raises $11.6M ina Series A funding round led by #paradigm , with other investors including Electric Capital, Credibly Neutral and selected angels.
#stablecoin protocol, Agora, raises $50M in a Series A funding round led by Paradigm, with support from Dragonfly.
#defi portfolio management and asset creation platform, Velvet Capital, raises $3.7M in a funding round with investors including YZi Labs, Blockchain Founders Fund, Selini and more.
SVM-based Ethereum L2, Eclipse, releases their airdrop checker.
