According to official sources, ZKX, a derivative trading protocol based on Starknet, has announced the launch of ZKX Appchain, which is committed to building a trustless, permissionless, and decentralized architecture while providing the performance of CEX and the security of DEX. As a fully chain-layered solution, ZKX Appchain connects multiple L1 and Rollup solutions to provide users with continuous liquidity and interoperability.

In July of last year, ZKX completed a $4.5 million seed round of financing, with participation from StarkWare, Alameda Research, Huobi, Amber Group, Crypto.com, HashKey, Polygon co-founder Sandeep Nailwal, and DragonFly Capital general partner Ashwin Ramachandran.