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Blockchain Infrastructure

Ekiden

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Focus: Eligibility, snapshot date, token reward analysis.

Overview

What Is Ekiden?

Ekiden is a decentralized derivatives exchange for on-chain perpetual futures trading. It runs a hybrid model that pairs an off-chain Central Limit Orderbook (CLOB) with deferred on-chain settlement, so traders get centralized-exchange speed but keep custody of their assets and a transparent settlement record.

In May 2026, Ekiden raised $2 million in a seed round at a roughly $20 million valuation, led by Unicorn Factory Ventures and P2 Ventures. The round drew GSR, Flowdesk, Pyth, Aptos, Monolith, Hardcore Labs, Moonhill Capital, and Curiosity Capital, with Keyrock joining as a strategic partner.

Participation Guide

  1. 1

    Step 1: Visit the Ekiden Testnet

  2. 2

    Step 2: Connect and Configure Your Wallet

  3. 3

    Step 3: Claim Testnet Tokens

  4. 4

    Step 4: Deposit Testnet USDC

  5. 5

    Step 5: Place Trades on the Perpetual Markets

  6. 6

    Step 6: Provide Feedback on the Beta Version

  7. 7

    Step 7: Join the Discord and Climb the Roles

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