Contango is a decentralised exchange bringing expirable futures to DeFi.
Contango is a decentralised exchange bringing expirable futures to DeFi. In DeFi, only perpetual futures exist. But since funding rates are unpredictable, traders do not have control over their costs. With expirable futures, a final price is paid upfront to avoid any bad surprises. Contango is here to bring futures with expiry dates.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 28, 2022 | Seed | $4M | 2 | ParaFi Capital | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
ParaFi Capital | Yes | Seed |
Advanced Blockchain | — | Seed |