Per­ps DEX project Per­pl announced the completion of $9.25 million in financing, led by Drag­on­fly, with participation from Er­goni­a, Bre­van Howard, Breed, L1D, and CMS. Per­pl plans to utilize Monad's high-performance EVM architecture to build a central limit order book (CLOB) on its chain. The team is based in London and aims to launch a testnet, with plans to start the mainnet after Monad's mainnet goes live.

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