Elevate Program invests in DeXFun: The first decentralized perpetual exchange on Neo X
The DeFi landscape on Neo X continues to expand, and DeXFun is adding to the momentum by bringing its decentralized perpetual exchange to the platform. DeXFun’s mission is to revolutionize crypto perpetual trading for individuals by offering an exceptional gamified user experience with social interactions. DeXFun has also secured investment through Neo’s Elevate program, highlighting its potential impact.
While maintaining the transparency and fairness of a decentralized exchange, DeXFun aims to enhance the experience for regular investors in perpetual trading, a product traditionally dominated by institutional players. By gamifying the trading process with features like mini-games and a leveling system, DeXFun seeks to transform what is often a monotonous activity into an exciting and engaging journey. While using DeXFun, individual investors will have the opportunity to enjoy the thrill of trading while sharing insights and learning from each other. DeXFun’s launch is also expected to boost liquidity and strengthen community engagement within the Neo X ecosystem.
DeXFun selected Neo X as its platform because of its robust feature set and Neo’s established history in the blockchain industry. Both share a strategic goal of driving Web3 mass adoption through accessible and user-friendly platforms. DeXFun’s inclusion in Neo’s Elevate Program — an investment initiative for promising projects — underscores its strategic value to the Neo ecosystem.
“When we see projects with the ambition to revolutionize the DEX user experience and the team to make it happen, we’re always eager to support them. We look forward to DeXFun’s launch and the continued growth of DeFi on Neo X,” said John Wang, Head of Neo Eco-Growth.
“We’re thrilled to announce our collaboration with Neo X. Neo has consistently provided a robust platform for developers, and with Neo X’s EVM compatibility and MEV protection, we anticipate a new wave of innovation in DeFi,” said Mike, Founder of DeXFun. “At DeXFun, our goal is to transform the user experience on decentralized exchanges, making them fun and accessible for newcomers to Web3. Together with Neo X, we’re excited to make DeFi more engaging and accessible for everyone, creating a more dynamic ecosystem.”
About Neo
Founded in 2014, Neo is an open-source, community-driven blockchain platform designed to welcome developers into the Smart Economy. By enabling developers to digitize and automate the management of assets through smart contracts, Neo is built to realize the optimized digital world of the future. As the most developer-friendly blockchain, Neo meets developers where they are by integrating seamlessly with the world’s most widely used languages and tools and providing the most feature-complete blockchain platform for building full-stack decentralized applications. With native support for powerful infrastructure including decentralized storage, oracles, and domain name service, Neo is the ideal foundation for developers to build the next generation Internet.
Neo X is Neo’s sidechain. With its MEV resistance and full compatibility with Ethereum tooling, Neo X excels in cross-chain scalability and DeFi applications through its use of the dBFT consensus mechanism and enveloped transactions.
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About DeXFun
DeXFun is revolutionizing crypto perpetual trading with a gamified, social experience on the Neo X blockchain. With its decentralized perpetual exchange, DeXFun aims to make trading engaging for individual investors, breaking the mold traditionally dominated by institutions. Through features like mini-games and leveling systems, DeXFun offers an interactive journey while maintaining transparency and fairness. The project secured investment through Neo’s Elevate Program, further solidifying its strategic value within the ecosystem. Together with Neo X’s EVM compatibility, DeXFun is enhancing DeFi accessibility and driving Web3 adoption.
Official Website | X | Discord | Telegram Community | Telegram Channel | Docs
