Don't miss Yellow — an ambitious project in the decentralized derivatives segment. In a recently completed funding round, the project raised $11 million at a $120 million valuation, attracting serious players like GSR.

The project is developing a decentralized platform for perpetual futures trading and plans to launch on its own exchange. It's noteworthy that the founder is actively developing this direction — even acquiring a real bank. Chris Larsen from Ripple is behind the round, which confirms the seriousness of the team's intentions.

The development strategy involves a two-stage launch: first, the platform will operate on its own exchange, then major centralized exchange listings are logically expected to follow. This is a typical path for major DeFi projects, ensuring the necessary liquidity and recognition among traders. The launch is scheduled for the near future.