The decentralized derivatives protocol Particle has completed a new round of strategic financing, with participation from Spirit DAO and others.

according to official sources, the decentralized derivatives protocol Particle has announced the completion of a new round of strategic financing, with participation from Spirit DAO, XDeGods, dingaling, and others. The specific amount has not yet been disclosed.

According to the Web3 asset data platform RootData, Particle completed a seed round of financing led by Polychain Capital in January of this year. Particle is a decentralized leverage trading protocol that supports any permissionless asset, from tokens to NFTs. There are no price oracles, no counterparty risk, and no forced liquidation.