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Drift Labs Raises $3.2M Seed Round

Recently funded · $3.2M SeedFinancial ServicesView source

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Drift Labs, a startup focused on building on-chain perpetual swaps, has secured $3.2M in a seed funding round, marking a fresh injection of capital into the decentralized finance (DeFi) sector. The investment underscores ongoing interest in platforms offering sophisticated trading instruments. These perpetual swaps allow users to speculate on the future price of an asset without an expiration date, with all transactions executed directly on a blockchain, bypassing traditional financial intermediaries.

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