Contango Raises $3M in Under 4 Hours
Contango, a platform for building perpetual contracts through looping on money markets, has successfully raised $3 million in less than 4 hours. This rapid fundraising follows a series of impressive milestones:
- Previously, the project surpassed $80 million in total volume
- Top 50 users secured $100,000 in LAY3Rs tokens
- Milestone 3 was achieved just two days after reaching Milestone 2
The quick succession of achievements demonstrates strong community support and growing interest in Contango's innovative approach to decentralized finance.