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§ Private Profile · New York City, NY, USA
Decentralized perpetual exchange operating on Arbitrum, offering high-leverage crypto trading for professional traders and liquidity providers.
Based in San Francisco, California, Aark operates a decentralized perpetual exchange on the Arbitrum blockchain that aggregates onchain assets into a single liquidity pool for professional traders. The platform enables high-leverage cryptocurrency derivatives trading and allows liquidity providers to utilize yield-bearing assets as collateral to maximize capital efficiency. The protocol has raised $6 million in seed funding to date and maintains a circulating market capitalization of approximately $1.1 million with a 24-hour trading volume of roughly $110,000. Aark is backed by several notable venture capital firms in the cryptocurrency sector, including Delphi Digital, OKX Ventures, HashKey Capital, and Arrington Capital. The organization generates revenue through trading, liquidation, and borrowing fees, and launched its native utility and governance token in June 2024. Aark was founded in 2023 by an undisclosed team of developers.
Aark has raised $6.0M across 1 funding round.
Aark has raised $6.0M in total across 1 funding round.
Aark has raised $6.0M across 1 funding round. Most recently, it raised $6.0M Seed in April 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 17, 2024 | $6M Seed | — | Arrington Capital, Cypher Capital, Stanely WU, Infinity Ventures Crypto, Metavest, Danilo S. Carlucci | Announced |
Aark has raised $6.0M in total across 1 funding round.
Aark's investors include Arrington Capital, Cypher Capital, Stanely Wu, Infinity Ventures Crypto, Metavest, Danilo S. Carlucci.