Derivatives Trading Protocol ZKX Closed $4.5 Million Seed Round with Participation from Alameda Research and Others

Derivatives trading protocol ZKX closed a $4.5 million seed round with participation from Alameda Research, StarkWare, Huobi and others. The latest round of funding will be used to further develop ZKX's main offerings, including its open-source protocol, DAO funding and the growth of its ecosystem. Founded in 2021, ZKX is a derivatives protocol built on StarkNet and powered by a decentralized autonomous organization (DAO). The protocol aims to provide an improved trading experience through gamification and its unique governance structure.