Decentralized trading platform Merkle Trade has completed a $2.1 million seed round of financing, led by Hashed and Arrington Capital, with participation from Morningstar Ventures, Amber Group, Aptos Labs, Re7 Capital, and Dorahacks. This round of financing will take place after the platform is launched at the end of 2023 and the funds raised will be used for the platform's growth plan.

Aptos decentralized trading platform Merkle Trade has completed a $2.1 million seed round of financing, led by Hashed and Arrington Capital, with participation from Morningstar Ventures, Amber Group, Aptos Labs, Re7 Capital, and Dorahacks. This round of financing will take place after the platform's launch at the end of 2023, and the funds raised will be used for the growth plan of the protocol. According to the RootData page, Merkle Trade is the first gamified perpetual decentralized exchange built on Aptos. The platform is committed to becoming the largest decentralized leverage trading center, emphasizing user-friendliness and accessibility.