When was PopDEX founded?

PopDEX was founded in 2026 and raised its 1st funding round within a year of its incorporation.

Is PopDEX a funded company?

PopDEX is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 25, 2026.

When was the latest funding round of PopDEX?

PopDEX's latest funding was a $***** Seed round on May 25, 2026, with participation from 1 investor.

Where does PopDEX rank among its competitors?

PopDEX ranks 68th amongst 86 active competitors, of which 36 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was PopDEX, which secured $30M in May, 2026.

Who are the top competitors of PopDEX?

PopDEX's top competitors include Synthetix, Blofin and Drift. Among them, PopDEX secured the most recent funding round in May, 2026.

PopDEX - 2026 Company Profile, Funding & Competitors

Company Details

Developer of decentralized perpetual exchange platforms for digital asset trading. This platform enables users to trade derivatives using unified margin accounts and cross-asset collateral. The system provides tools for grid trading and dual-direction orders while maintaining on-chain transaction logs. Traders utilize the interface for advanced charting and order management functions.

Website: popdex.xyz
Social
Email ID: *****@popdex.xyz

Key Metrics

Founded Year

2026

Stage

Seed

Total Funding

$30M in 1 round

Latest Funding Round

Seed, May 25, 2026, $*****

Investors

Foresight Ventures

Ranked

68^th among 86 active competitors

Similar Companies

Synthetix & 90 more

View PopDEX's full profile

PopDEX has raised a total funding of $30M over 1 round. Its latest funding round was a Seed round on May 25, 2026 for $*****. 1 investor participated in its latest round. PopDEX has 1 institutional investor.

Here is the list of recent funding rounds of PopDEX:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 25, 2026	1446347	Seed	5453734	3565895	5954600	4340254

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Top competitors of PopDEX include Synthetix, Blofin and Drift. Here is the list of Top 10 competitors of PopDEX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Synthetix 2017, Sydney (Australia), Series C	Operator of a platform for perpetual futures trading on Ethereum	$240M	Bain Capital Ventures, Framework Ventures ... & 21 others	66/100
2nd	Blofin 2019, George Town (Cayman Islands), Series B	Cryptocurrency futures trading platform	$50M	KuCoin, SIG & 1 others	63/100
3rd	Drift 2021, United States, Series B	Future & options focused trading solutions for cryptocurrency	$28.8M	Multicoin Capital, Tether & 12 others	56/100
4th	dYdX 2017, New York City (United States), Series C	Developer of a decentralised platform for perpetual contract trading	$87M	Andreessen Horowitz, Three Arrows Capital ... & 45 others	56/100
5th	Ostium 2022, Chicago (United States), Series A	Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX	$28M	General Catalyst, Jump Crypto & 9 others	54/100
6th	Aark Digital 2023, New York (United States), Seed	Decentralized derivatives exchange platform	$6M	OKX, Big Brain Holdings & 9 others	51/100
7th	EdgeX 2023, Singapore (Singapore), Seed	Developer of decentralized exchange platform providing perpetual and spot trading	-	Amber Group, Circle	50/100
8th	MYX Finance 2023, Singapore (Singapore), Seed	Online platform for perpetual trading	$5M	HSG, Consensys & 12 others	49/100
9th	LogX 2021, George Town (Cayman Islands), Seed	Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading	$10.1M	Saison Capital, Hashed Emergent & 19 others	48/100
10th	Flipster 2021, Panama (Panama), Unfunded	Provider of a cryptocurrency derivatives trading exchange	-	-	46/100
68th	PopDEX 2026, Seed	Developer of decentralized perpetual exchange platforms for digital asset trading	$30M	Foresight Ventures	22/100