nftperp

ChainCatcher message, the NFT perpetual contract trading platform nftperp posted on X that the previous issue affecting the WETH clearingHouse contract has been resolved, and the involved funds have been restored, allowing trading to proceed normally. In addition, nftperp stated that a detailed incident report has been published on Discord.

ChainCatcher news, the NFT perpetual contract trading platform nftperp stated that all funds lost due to the vulnerability that occurred on June 14 have been recovered. The developers are currently prioritizing the restoration of the contracts so that trading and withdrawals can proceed normally. Due to some discrepancies between the marked prices and index prices, the team is looking for a safe way to restore trading.

ChainCatcher message, the NFT perpetual contract trading platform nftperp posted on social media that a serious error was found in the contract, and all vulnerable contracts have been paused until further notice. The team is actively assessing the situation and will provide updates soon.

ChainCatcher message, the NFT perpetual contract exchange nftperp v2 version is now open to whitelisted users. The V2 version features a newly improved NFT perpetual contract model, introducing the Fusion AMM function that combines a decentralized limit order book with AMM for optimal trading, as well as an internal oracle system for precise NFT valuation.In addition, nftperp v2 has launched an Alpha incentive program to reward community participation. However, this event is currently only open to whitelisted users.

ChainCatcher news, the NFT derivatives protocol nftperp announced the abandonment of v1 and the launch of v2, which includes the new Fusion AMM model, introduces a refined insurance fund model, and incorporates features such as limit, stop-loss, and take-profit order types. It is reported that nftperp is a perpetual contract exchange for NFTs, tracking the minimum prices of NFT collections, allowing users to go long and short on NFTs.

ChainCatcher news, according to Chainwire, the NFT perpetual contract trading platform nftperp announced the completion of a $3 million Series A funding round. This round was led by 1kx, with participation from Maven 11, Mechanism Capital, and angel investors Spencer from Spencer Ventures, Gmoney, David Choi from MetaStreet, Nick Emmons from Upshot, and Jonathan Gabler from NFTfi.

ChainCatcher message, NFT perpetual futures DEX nftperp announced plans to close the v1 closed beta and will soon launch v2 simulated trading (paper trading). nftperp stated that the trading volume of the v1 closed beta reached 280,000 ETH, and the reason for closing v1 is that the AMM model is not scalable. Additionally, due to some internal errors in liquidation logic and accounting mistakes, nftperp has accumulated bad debts, so the team decided to intervene and support.nftperp stated that all users' margins (WETH) will be returned within the next hour, so no user will lose their initial collateral/margin. For all users with negative unrealized P&L, their unrealized losses will be waived. (source link)

ChainCatcher news, venture capital firm Tykhe Block Ventures announced that its Blockchain Growth Fund has completed its first fundraising of $30 million, led by ultra-high-net-worth individuals and family offices from Southeast Asia and the Middle East, with Prashant and other investment partners contributing $5 million to the fund.It is reported that the fund will allocate $10 million to invest in blockchain and Web3 startups in the Middle East and will establish an office in Dubai, aiming to expand the fund size to $100 million by the end of 2023. Tykhe Block Ventures' portfolio includes decentralized content sharing platform Creaton and NFT perpetual contract trading platform nftperp. (Source link)

ChainCatcher news, the Beta mainnet of the NFT perpetual contract trading platform nftperp is officially launched, and users on the private testnet whitelist can trade with real ETH, realizing actual profits and losses.According to reports, nftperp officials stated that they will first focus on the trading volume of the BAYC/ETH and PUNKS/ETH trading pairs. (source link)

ChainCatcher news, the NFT perpetual contract trading platform nftperp has completed a $1.7 million funding round at a valuation of $17 million, with participation from institutions such as Dialectic, Maven 11, Flow Ventures, DCV Capital, Gagra Ventures, AscendEX Ventures, Perridon Ventures, Caballeros Capital, Cogitent Ventures, Nothing Research, Apollo Capital, Tykhe Block Ventures, and OP Crypto. It is reported that nftperp tracks the minimum prices of NFT collections, allowing users to go long and short on NFTs. (source link)