The Blast ecological DEX project Thruster completed a $7.5 million seed round financing at a valuation of $70 million, led by Pantera Capital.

ChainCatcher news, according to The Block, the Blast ecosystem DEX project Thruster has completed a $7.5 million seed round financing at a valuation of $70 million. This round was led by Pantera Capital, with participation from OKX Ventures, Mirana Ventures, ParaFi Capital, Manifold Ventures, and Arche Fund (formerly Coin98 Ventures).

It is reported that Thruster was launched in March on Blast as a yield-focused DEX. According to data from DeFiLlama, it has quickly grown to become the second largest DeFi protocol on Ethereum Layer 2, with a total locked value of approximately $320 million. Thruster claims to have gathered over 100,000 users, with a total trading volume of nearly $2 billion in less than two months since its launch.