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Concordex Launches Testnet for Its Regulation-Friendly DeFi Platform on Concordium Blockchain

Concordex, the first decentralized exchange (DEX) built on the Concordium blockchain, has launched its testnet. The project raised $1.7 million in seed funding in December 2022 to bring institutional-grade DeFi trading tools to the Concordium blockchain ecosystem. Concordex will offer one of the first regulation-friendly DeFi platforms, utilizing the regulatory-ready Concordium ecosystem. To celebrate the launch of its public testnet, Concordex has also launched a Concordex Testnet Rewards Program, allocating a total of USD 100,000 in its upcoming $CCDX token as rewards for participants in the program.

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