Benchmark just led Fomo's $17M Series A - rare crypto move for them after the app hit $700M volume and 120K users in beta. Cross-chain trading without bridges or gas fees could be huge for user adoption
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This might help the world break away from the centralized exchanges. The capabilities of DEX is growing.
DEX volumes up 25% YoY to $130B in Q3, with cross-chain plays like Fomo accelerating the shift from CEX dominance