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Merkle Trade
Merkle Trade was a decentralized trading platform that allowed traders to trade perpetuals and other assets on-chain. It served a community of over 160,000 traders who collectively processed more than $30B in cumulative trading volume. The platform has since announced a wind down, with users directed to a claims page to withdraw remaining funds.
Distributed
Description
Merkle Trade built a decentralized trading platform aimed at making DeFi trading seamless and accessible for everyone. Over its operation, the platform grew a community of more than 160,000 traders and processed over $30 billion in cumulative trading volume, hosting trading competitions and continuous product development. The organization has announced the end of this chapter, winding down its protocol and directing users with remaining funds in the protocol to a dedicated claim page to withdraw their assets. Support is now limited to ticket-based assistance and a Discord channel for manual claim migration processing.Grant Funding
VC Funding
None
2024
$0
$2.1M