🟣 Perps Dex @ erpltrade, a subsidiary of Monad Ecology, announced the completion of a $9.25 million financing round. 🔻 Taking this opportunity, let's introduce four native Perps DEX built on @ monad_xyz. 1/Perpl @Perpltrade raised $9.25 million in financing, with participation from well-known venture capitalists such as Dragonfly and CMS Holdings. The Perpl protocol will leverage Monad's high performance to achieve fully on chain derivative trading in the form of an order book. Unlike Hyperliquid, Perpl aims to provide an excellent user transaction experience without sacrificing decentralization. At present, the testing network is not open, but DC characters can be obtained mainly through Yap and Active: https://(Discord. com)/invite/perl 2/Drake @DrakeExchange is a hybrid perpetual Dex that combines on chain order books and AMM pools. Drake prioritizes using the order book to match transactions, but when liquidity is insufficient, it will automatically switch to AMM to ensure transaction completion. Drake's characteristics are: providing 50 times leverage for long short blue chip stocks and Monad assets, allowing LPs deposited in vAMM to earn trading returns, and providing treasury returns from Funding Rata. Drake is currently launching a beta testing website, where dOG characters can participate. In the future, it will gradually be open to more DC community members: https://drake.exchange/ 3/Narwhal Finance @NarwhalFinance has completed a financing of over $1 million, led by Animoca Brands. Narwhal is a Perps Dex based on AMM that integrates gamification design, not an order book type, but relies on LP as the opponent. Users can deposit USDT/aprMON as an LP to provide liquidity for the platform and earn transaction fees for trading users. Interestingly, Narwhal has a built-in carnival game consisting of a series of small games based on game theory, where players can earn profits. Narwhal has launched the Monad Test Network and NAR Points Program: https://testnet.narwhal.finance/ 4/Bean Exchange @BeaN_DEX is a DEX that offers perpetual and spot trading. Bean's Perps are also built on AMM, with LPs and traders betting against each other, and its core feature is the multi asset pool BLP. Bean has launched a trading season activity, and trading Perps will earn Bean points: https://perp.bean.exchange/ /gamify