The decentralized perpetual contract trading platform OX.FUN, initiated by Zhu Su (@zhusu), completed a new round of financing with a financing amount of $4 million. This round of financing was led by Foresight Ventures, with participation from Double Peak Group, EmChain, Genblock Capital and other institutions. The funds raised in this round will be used for product iteration, team building, market expansion, etc.

OX.FUN is an innovative perpetual contract trading platform that uses OX as the contract collateral and adopts the OX&MILK dual token model, allowing investors to receive tokens regardless of profit or loss. Since its launch, the platform has traded over 20 billion OX and deposited over 1.5 billion OX.