The hybrid on-chain exchange Gravity has completed its seed round financing, led by Matrix Partners

ChainCatcher news, the hybrid on-chain exchange Gravity has completed its seed round financing, led by Matrix Partners, with participation from institutions such as ABCDE Capital, Hack VC, Delphi Digital, C² Ventures, and CatcherVC. Gravity will launch its testnet in Q4 2023 and its mainnet in Q1 2024.

It is reported that GRVT (Gravity) is a hybrid on-chain exchange that combines the user experience of Cex with the fund security of Dex. Gravity will become the main derivatives trading protocol on zkSync, competing with GMX on Arbitrum and Dydx on Starkex.