2026-01-11 23:30:18

Trove Finance's funding round was oversubscribed! The committed funds reached $4.3M, far exceeding the original funding goal of $2.5M.

What does this project aim to do? It wants to create the first perpetual derivatives DEX focused on collectibles, RWAs, and equity assets. Supporting up to 10x leverage trading, it aims to bring traditional asset and digital asset derivatives trading directly on-chain. The high level of funding interest indicates that there is indeed market demand for this type of innovative DEX.

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GmGnSleeper

· 7h ago

4.3M oversubscribed? Alright, another one aiming to revolutionize derivatives. 10x leverage sounds exciting.

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Fren_Not_Food

· 17h ago

Over-subscribed by 72%? This round of funding is indeed extremely hot. The real question is whether they can successfully develop RWA derivatives... The perpetual leverage strategy still depends on execution capability.

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DaisyUnicorn

· 17h ago

Oh no, the funding amount has doubled directly. It seems everyone is betting that this little flower can bloom into a new world of perpetual derivatives. Leverage on RWAs? I just want to know if there will be another on-chain disaster during liquidation... But honestly, this track has been vacant for too long. Collectibles perpetual DEX sounds very tempting, but I'm worried it might just be another "concept king." With such a strong funding surge, it does indicate that the market is truly hungry, but I'm more concerned about whether the trading pairs have enough liquidity... Otherwise, it could turn into another high-leverage scythe harvesting scene. Will we fall into a trap again this time? I'm still recovering from injuries. Overfunding is usually a good sign, but I've learned my lesson—wait until it's on-chain before making any moves. 10x leverage sounds exciting, but it can also lose quickly. I feel like I need to write a self-rescue guide again.

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MoonRocketman

· 17h ago

4.3M surpasses the 2.5M target, this launch window is really on point --- 10x leverage perpetual DEX, it seems RSI momentum is still quite strong --- collectibles+RWAs are being developed simultaneously, this angle coefficient is quite interesting, let's wait and see how it breaks through the neckline --- Over-subscription in financing is so intense, indicating that the fuel injection is really not lacking, the main upward wave should still have potential --- On-chain perpetual derivatives, need to calculate the escape velocity well, otherwise leverage is a trap --- Market demand is indeed there, but such innovative projects are most likely to burn through the atmosphere, need to watch the gravity resistance level --- From 2.5 to 4.3, this increase should have already broken through the Bollinger Bands from a technical perspective, now let's see the landing capability

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MiningDisasterSurvivor

· 17h ago

Another leveraged DEX, I've been through it... Weren't the contract platforms back in 2018 not this dead? Over-subscription doesn't mean anything; Ponzi schemes are the best at making big promises.

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MidnightTrader

· 17h ago

4.3M excess 72%, this financing enthusiasm is real, but playing with 10x leverage should be done cautiously.

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TokenCreatorOP

· 17h ago

Huh, is this financing oversubscribed again? It seems that there are indeed people interested in collectibles derivatives. 10x leverage directly on the chain, fine, another leverage harvest machine. RWA on-chain trading sounds impressive, but I'm just worried it might be just empty promises. 4.3M vs 2.5M, the financing figures are quite flashy, shows that hype is valuable. There are too many players in the perpetual DEX race, why is this one able to stand out? Copying others or true innovation, let's wait and see. The early investors are either going to get rich or get wiped out, I’m too lazy to guess.

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