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Aug 22

DeFi Deep Dive: Polynomial Protocol

This article intends to serve as a closer look at Polynomial Finance, a leading Perpetuals DEX on Optimism that allows users to trade on 45+ assets with up to 50x leverage and the lowest fees in the ecosystem.AboutFounded in 2021, Polynomial raised $1.1 million in a pre-seed round led by Archetype, accompanied by Genblock Capital and Caballeros Capital. The first version of Polynomial went live on mainnet in March ‘22 after 5 months of testing and building. Since then it has reached over $2 b...

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