PANews reported on December 8th that DeFi protocol Magma Finance announced it has secured $6 million in strategic funding to build an adaptive liquidity engine on the Sui Network. This round of funding was led by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, and received support from the Navi Protocol ecosystem. Magma states that it will address the issues of capital inefficiency and liquidity fragmentation on Sui, providing traders with better execution and generating real returns for LPs. The project has already passed security audits by Zellic and ThreeSigma.PANews reported on December 8th that DeFi protocol Magma Finance announced it has secured $6 million in strategic funding to build an adaptive liquidity engine on the Sui Network. This round of funding was led by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, and received support from the Navi Protocol ecosystem. Magma states that it will address the issues of capital inefficiency and liquidity fragmentation on Sui, providing traders with better execution and generating real returns for LPs. The project has already passed security audits by Zellic and ThreeSigma.

Magma Finance has completed a $6 million strategic funding round to develop an adaptive liquidity engine for the Sui network.

2025/12/08 22:30

PANews reported on December 8th that DeFi protocol Magma Finance announced it has secured $6 million in strategic funding to build an adaptive liquidity engine on the Sui Network. This round of funding was led by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, and received support from the Navi Protocol ecosystem.

Magma states that it will address the issues of capital inefficiency and liquidity fragmentation on Sui, providing traders with better execution and generating real returns for LPs. The project has already passed security audits by Zellic and ThreeSigma.

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

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New Viral Presale on XRPL: DeXRP Surpassed $6.4 Million

New Viral Presale on XRPL: DeXRP Surpassed $6.4 Million

The post New Viral Presale on XRPL: DeXRP Surpassed $6.4 Million  appeared on BitcoinEthereumNews.com. One of the most talked-about ecosystems in the cryptocurrency space is the XRP Ledger (XRPL), and DeXRP, the first Presale on XRPL, recently made headlines for its growth story. Attracting over 9,300 investors globally, the project has now raised over $6.4 million and is rapidly emerging as one of the most viral cryptocurrency launches of 2025. By integrating AMM and Order Book trading with a cutting-edge LP system and an open voting process for holders, DeXRP hopes to establish itself as the preferred trading destination for the XRPL community. What is DeXRP?  As the first decentralized exchange (DEX) based on XRPL, DeXRP is taking center stage as XRP continues to solidify its place in the global market. Massive expectation has been generated by the combination of DeXRP’s ambition for an advanced trading platform and XRPL’s established infrastructure, which is renowned for its quick transactions, cheap fees, and institutional-ready capabilities. In contrast to a lot of speculative presales, DeXRP’s development shows both institutional interest and community-driven momentum. Its early achievement of the $6.4 million milestone demonstrates how rapidly investors are realizing its potential. DeXRP Presale Success More than 9,300 distinct wallets have already joined the DeXRP presale, indicating a high level of interest from around the world. A crucial aspect is highlighted by the volume and variety of participation: DeXRP is not merely a niche project; rather, it is emerging as a major force in the XRPL ecosystem. DeXRP’s recent collaborations with WOW Earn and Micro3, as well as its sponsorship of the WOW Summit in Hong Kong, are also contributing factors to this uptick in investor confidence. These actions are blatant attempts to increase the company’s awareness among institutional players and crypto-native groups. The Forbes article summed it up: DeXRP is embedding credibility where others chase hype, marking it as…
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BitcoinEthereumNews2025/09/18 20:14