TL,DR:
- Stage: Actively Fundraising (Seed Round)
- Sector: DeFi | Perpetual DEX | Reputation Infrastructure
- Users: 30,000+ (Testnet)
- Transactions: 1.9M+ on Base testnet
- Community: 30K+ members
- Funding Raised: $100K (Q2 2025)
- Target Raise: $1.2M Seed Round | FDV $11M
- Investors: Backed by IBC Group and 5 private investors
- Team Size: 15
- Incorporated: Hong Kong
Founder Story
This team started with a vision to rebuild trust in decentralized trading. They saw a gap in how perpetual DEXs handle user reputation – anonymous, volume-based, and often gamed by bots.
So they flipped the model.
Instead of anonymous wallets, this DEX uses Soulbound Tokens (SBTs) to create reputation-based access and incentives, rewarding consistent and real user activity.
It’s the first fully on-chain perpetual DEX on Base, no off-chain dependencies, no opaque scoring, just verifiable, automated, and fair trading.
What They’ve Built
A next-gen decentralized exchange for spot and perpetual trading, powered by:
- Reputation System via SBTs for access tiers and fair airdrops
- 100% On-Chain Architecture, including liquidations, staking, and rewards
- Gas-Efficient Smart Contracts optimized for the Base ecosystem
- Gamified Airdrop Distribution, rewarding verified participation, not bots
Partnerships & Ecosystem
Strategic integrations across oracle, trading, and infrastructure layers with: Chainlink, Umbrella Network, Base, MEXC, BingX, LBank, Bitmart, Gate.io, Rephere.xyz, and Security.xyz.
Audited by Hashlock and Contract Wolf, full-scope audit with bug bounty and monitoring.
Fundraising Focus
Objective: $1.2M Seed Round
Use of Funds:
- Mainnet deployment on Base
- Liquidity bootstrap program
- Institutional onboarding
- Marketing & ecosystem partnerships
If You’re an Investor
We’re helping this team connect with VCs and funds aligned with DeFi infrastructure, derivatives, and reputation-based systems.
If this aligns with your investment thesis or portfolio focus,
Let’s connect. You can reach out directly via LinkedIn or Telegram for detailed insights, deck, and founder introductions.
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