Decentralized perpetual futures exchange Perpl completes $9.25 million financing, led by Dragonfly

according to Blockworks, the decentralized perpetual futures exchange Perpl announced the completion of a $9.25 million funding round, led by Dragonfly, with participation from Ergonia, Brevan Howard, Breed, L1D, and CMS.

The project will build an on-chain central limit order book on the Monad blockchain, with plans to launch a testnet by the end of 2025.