According to ChainCatcher, the on-chain perpetual DEX LogX announced the completion of a $4 million strategic round of financing, bringing its total financing to $10.1 million. The financing was participated by multiple investment institutions such as Hashed Emergent, Cumberland VC, and Saison Capital.

LogX plans to use this new capital to develop into a DeFi super application, providing leveraged prediction markets and exotic perps, and expanding to TON, Solana, Bitcoin, Move, and EVM ecosystems.

According to Web3 asset data platform RootData, LogX completed a $6.1 million seed round of financing in February this year, with participation from Coinbase Ventures, Sequoia Capital, and others.