@heijiaolong
Dango, an on-chain DeFi platform with a fully transparent CLOB, raised $3.6M in seed funding (Nov 2024) co-led by Hack VC and Lemniscap, with Delphi Ventures and others participating. This strong VC backing signals high credibility and resources for rapid development.
Impact on spot & derivatives ecosystems:
Boosts confidence, attracting liquidity providers and traders to its high-speed, unified-margin spot (e.g., ETH-USDC) and planned derivatives markets.
Enables CEX-like execution on-chain, potentially capturing share from fragmented competitors.
Investment strategies:
Participate in testnet/mainnet activity for potential airdrops.
Monitor token launch for early entry.
Trade leveraged spot/derivatives positions leveraging unified margin efficiency.
Allocate to ecosystem partners tied to Dango's L1 growth.
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