01 Exchange Closed $2.2 Million Seed Round Led by Multicoin Capital and Alameda Research

TokenInsight news, 01 Exchange, a Solana-based decentralized derivatives trading platform, closed a $2.2 million seed round led by Multicoin Capital and Alameda Research, with participation from Solana Ventures, Ledger Prime and others. 01 Exchange plans to launch its mainnet and perpetual contracts with deep liquidity on January 27th, supporting 100 different derivatives markets and 50 different collateral types. It will also launch SQUOL, the first Power Perps product in a limit order book model.