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The Venture Codex

bbox

111 Penn St., El Segundo, California, 90245, United States

Overview

BBO Exchange operates a remote decentralized derivative trading platform focused on perpetual DEX trading. The platform incorporates Oracle Extractable Value into its liquidation process and uses an auction mechanism that capitalizes on latency in oracle price updates. It also features a multi-asset, signal-driven dynamic distribution AMM that lets liquidity providers correlate price ranges with other assets, emulating proactive market maker strategies while preserving passive liquidity provision. BBO provides an interface and a scalable SDK designed for both DeFi power users and casual investors. The company says its Beta is open for registration and will use the funds to continue developing the platform. Last year BBOX was one of 12 projects selected by Binance Labs in its incubation Season 6.

Total raised
$3M
Funding rounds
1
Latest round
Seed
Latest activity
Feb 2024

Industries

  • Decentralized Finance (DeFi)
  • Information Services
  • Trading Platform
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Recent funding

  1. Seed

    Feb 2024

    $3M

Team

No current team members are available.