PANews reported on December 8th that DeFi protocol Magma Finance announced it has secured $6 million in strategic funding to build an adaptive liquidity engine on the Sui Network. This round of funding was led by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, and received support from the Navi Protocol ecosystem. Magma states that it will address the issues of capital inefficiency and liquidity fragmentation on Sui, providing traders with better execution and generating real returns for LPs. The project has already passed security audits by Zellic and ThreeSigma.PANews reported on December 8th that DeFi protocol Magma Finance announced it has secured $6 million in strategic funding to build an adaptive liquidity engine on the Sui Network. This round of funding was led by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, and received support from the Navi Protocol ecosystem. Magma states that it will address the issues of capital inefficiency and liquidity fragmentation on Sui, providing traders with better execution and generating real returns for LPs. The project has already passed security audits by Zellic and ThreeSigma.

Magma Finance has completed a $6 million strategic funding round to develop an adaptive liquidity engine for the Sui network.

2025/12/08 22:30

PANews reported on December 8th that DeFi protocol Magma Finance announced it has secured $6 million in strategic funding to build an adaptive liquidity engine on the Sui Network. This round of funding was led by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, and received support from the Navi Protocol ecosystem.

Magma states that it will address the issues of capital inefficiency and liquidity fragmentation on Sui, providing traders with better execution and generating real returns for LPs. The project has already passed security audits by Zellic and ThreeSigma.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Will $0.30 Be Next Target for DOGE?

Will $0.30 Be Next Target for DOGE?

The post Will $0.30 Be Next Target for DOGE? appeared on BitcoinEthereumNews.com. Dogecoin price has risen by 4% in the last 24 hours, showing signs of recovery. The meme coin is currently holding above the key $0.14 support level.  If the positive momentum continues, DOGE could target $0.30, particularly if the broader crypto market remains bullish. Over the past day, the overall crypto market rose by 3%.  Bitcoin (BTC) and Ethereum (ETH) rose by 3% and 5% respectively. XRP and Solana also began to experience an increase.  Dogecoin price has created two significant bullish trends on a long-term rising channel. This would result in a gradual uptrend. DOGE 24-hour trading volume is at $1.31 billion, a 121% growth rate. Dogecoin Price Targets $0.30 After Reaching Key Zone Dogecoin price is seemingly retesting a significant area of demand that has resulted in historic price surges. This level, according to the analysts, is a familiar point where buyers have already made an entry into it, displaying great interest. With the price near this zone again, analysts suggest that should it stabilize, DOGE might move to the $0.30 range. This would be an indication of a potential further rise in its rising trend, with several traders monitoring this key level. $DOGE is sliding back into the same weekly demand zone that sparked every major rally in the past. History shows buyers love this level… and price is almost there again! If the zone holds, a push toward the $0.30 mark becomes the next big move.🚀 Is $DOGE preparing for… pic.twitter.com/bsJdOD5I4b — AltCryptoTalk (@AltCryptoTalk) December 8, 2025 DOGE Forms Symmetrical Triangle: A Potential Reversal on the Horizon The price of Dogecoin has shown a possible reversal trend recently, with a Symmetrical Triangle on its 12-hour chart. This institution, commonly observed in analysis of the technical market, indicates that the cryptocurrency might be about to have a…
Share
BitcoinEthereumNews2025/12/09 02:24