Palmswap is a perpetual DEX built on Binance Smart Chain. It offers on-chain order types and up to 50x leverage for traders. Founded in 2022 and headquartered in the United Arab Emirates, Palmswap received a Venture Round investment on 21 June 2023 from Gotbit. Being a trading platform, Palmswap aims to provide a seamless and efficient trading experience for its users within the rapidly growing blockchain ecosystem. With its innovative approach and strategic positioning within the Binance Smart Chain, the company aims to capitalize on the increasing demand for decentralized finance solutions. Palmswap's recent investment from Gotbit signals confidence in its potential and may fuel further development and expansion within the DEX market.
Palmswap
Palmswap is a perpetual DEX built on Binance Smart Chain.
Founded 2022
United Arab Emirates
3 employees
Venture round
Trading Platform
United Arab Emirates
3 employees
Venture round
Trading Platform
General Information
Company Name
Palmswap
Founded Year
2022
Location
United Arab Emirates
United Arab Emirates
Employees
3
Industries
Trading Platform
Funding Stage
Venture round
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United Arab Emirates Market
Trading Platform
About Palmswap
Taxonomy: perpetual DEX, Binance Smart Chain, on-chain order types, leverage trading
Funding Rounds & Investors (1)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Venture Round | Undisclosed | 1 |
Gotbit
|
21 Jun 2023 |
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FAQ About Palmswap
Palmswap is a perpetual DEX built on Binance Smart Chain.
Palmswap was founded in 2022.
Palmswap is headquartered in United Arab Emirates.
Palmswap operates in Trading Platform. Its work centres on perpetual DEX, Binance Smart Chain, on-chain order types and leverage trading.
Palmswap has approximately 3 employees.
Palmswap has completed 1 funding round. The latest funding stage is Venture round.
Top alternatives and competitors to Palmswap include D8X, CryptoAltum, BTCMEX, Definitive Finance, Hashflow. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Palmswap and D8X are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.
Source: BounceWatch company record for Palmswap, https://bouncewatch.com/company/palmswap, updated 26 December 2024. When citing, please name BounceWatch and link this page.
