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Commodities Season is live on edgeX.
From Feb 11 – Mar 11 (UTC), trade major commodities onchain and get rewarded.
Markets:
$XAUT · $SILVER · $COPPER · $CL · $NATGA
Prize Pool:
💰 $100,000 USDT (Leaderboard reward)
🦭 1,000,000 MARU (First-time traders pool)
Trade global commodities.
Anytime. Anywhere. Onchain.
Details on page:
➡️

Retail are not the only ones losing money in this market.
Based on recent data, VCs benchmark return for this cycle is ~1X.
Most investments barely broke even ↓
→ @zama: Raised $229M at $1B FDV, current FDV is $394M.
Down 60%.
→ @plumenetwork: Raised $30M at $1B FDV, current FDV is $110M.
Down 89%.
→ @JupiterExchange: Raised $137.5M at $3.78B FDV, current FDV is $1B.
Down 74%.
→ @build_on_bob: Raised $29M at $230M FDV, current FDV is $68M. Down 70%.
→ @wardenprotocol: Raised $4M at $200M FDV, current FDV is $122M.
Down 39%.
→ @fragmetric: Raised ~$13M at $125M FDV, current FDV is $1.5M.
Down 99%.
→ @reddio_com: Raised $300K at $80M FDV, current FDV is ~$1M.
Down 99%.
Retail isn't absorbing VC exits like in 2021 anymore, and it's unlikely we see big returns like that again.
The market doesn't discriminate.

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