On October 24th, modular DeFi protocol Mitosis announced the launch of its public testnet and released the XP system, allowing users to earn points and corresponding levels, and receive level-based benefits, including items and MITO token allocation.

According to Foresight News, Mitosis completed a $7 million financing round on May 2nd, with Amber Group and Foresight Ventures leading the investment, and Big Brain Holdings and Folius Ventures participating.