UXUY Raises $3.2M to Build Next-Gen MPC-Based Decentralized Trading Platform

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The decentralized finance (DeFi) landscape continues to evolve, and at the forefront of this transformation stands UXUY, a next-generation MPC-based decentralized trading platform. In a recent development that signals strong market confidence, UXUY has successfully raised $3.2 million in seed funding from a coalition of leading Web3 investors, including KuCoin Ventures, Pionex, LK Venture, Arcane Group, Daoverse Capital, and Lapin Digital.

This strategic capital infusion will power UXUY’s mission to bridge the gap between centralized exchange (CEX) usability and decentralized exchange (DEX) security—offering users a seamless, secure, and scalable gateway into Web3.

“UXUY’s founding team are serial entrepreneurs who have weathered full bull and bear market cycles,” said Wang Xi, Partner at Bixin Ventures. “Their deep technical expertise in multi-chain ecosystems and cross-chain transactions positions them uniquely to drive the next wave of Web3 innovation.”

Jordan, Co-founder of UXUY, emphasized the platform’s long-term vision: “We’re not just building another DEX—we’re creating the entry point for the next billion users into Web3. Our goal is to deliver a truly decentralized Binance-level experience, combining institutional-grade performance with user-first design.”

A New Era of Decentralized Trading

At its core, UXUY is reimagining what a decentralized exchange can be. By leveraging Multi-Party Computation (MPC) technology, UXUY eliminates traditional pain points such as private key management and gas fee complexity—two major barriers preventing mainstream adoption.

The UXUY Protocol: Powering Seamless Cross-Chain Trading

The foundation of the platform lies in the UXUY Protocol, a stablecoin-centric liquidity aggregation engine designed for high efficiency and broad interoperability. This protocol enables:

By focusing on stablecoins—the lifeblood of DeFi transactions—UXUY ensures lower volatility exposure during trades while maximizing capital efficiency.

👉 Discover how MPC technology is reshaping digital asset security and access.

Gas-Free Trading Experience

One of the most user-hostile aspects of current DEX platforms is the need to hold native gas tokens (like ETH or MATIC) just to execute trades. UXUY eliminates this friction entirely through its innovative gas pool mechanism.

With UXUY’s gas-efficient architecture:

This CEX-like usability dramatically lowers the learning curve for newcomers while enhancing convenience for experienced traders.

Mnemonic-Free MPC Wallet Integration

Security meets simplicity with UXUY’s built-in MPC wallet. Unlike traditional wallets requiring users to safeguard 12- or 24-word recovery phrases—a single point of failure—UXUY uses distributed key generation across multiple parties.

Benefits include:

This approach makes self-custody accessible even to non-technical users, aligning perfectly with the goal of mass Web3 adoption.

Social Trading: Learn, Copy, Earn

Beyond infrastructure, UXUY introduces a community-driven social trading layer that transforms how users interact with markets.

Through this feature:

This turns isolated trading into a collaborative ecosystem—where knowledge flows freely and success is replicable.

👉 See how decentralized platforms are integrating social intelligence into trading workflows.

Building the Web3 On-Ramp for 1 Billion Users

UXUY’s ambition extends beyond being another DeFi tool. It aims to become the primary onboarding portal for Web3, integrating three critical components:

  1. Wallet + Transaction Synergy: A unified interface where managing assets and executing trades happen in one place.
  2. Multi-Chain Native Support: Full compatibility with Ethereum, BNB Chain, Solana, Arbitrum, Optimism, and more—without compromising speed or cost.
  3. Ecosystem Participation: Active contribution to emerging ecosystems like “Unclaimed,” fostering fair distribution models and community ownership.

By unifying these elements under an MPC-powered architecture, UXUY delivers a secure, gas-free, and beginner-friendly environment that still caters to advanced traders.

Frequently Asked Questions (FAQ)

Q: What is MPC, and why does it matter for decentralized trading?
A: Multi-Party Computation (MPC) splits cryptographic key management across multiple devices or parties. This removes the need for seed phrases and prevents single-point failures—making wallets both more secure and easier to use.

Q: How does UXUY achieve gas-free trading?
A: UXUY uses a dynamic gas pool system that sponsors transaction fees on behalf of users. Fees may be covered by protocol revenue, partners, or paid in stablecoins—eliminating the need to hold native chain tokens.

Q: Can I really copy other traders’ strategies on UXUY?
A: Yes. The social trading feature allows you to track verified profitable addresses and automatically replicate their trades with adjustable settings like maximum trade size and stop-loss levels.

Q: Which blockchains does UXUY support?
A: UXUY supports major EVM-compatible chains like Ethereum, BNB Chain, Arbitrum, and Polygon, as well as non-EVM chains such as Solana—enabling true cross-chain interoperability.

Q: Is UXUY fully decentralized?
A: UXUY is built on decentralized protocols and smart contracts. While certain features like social feeds may involve centralized components during early stages, the core trading and custody layers remain non-custodial and permissionless.

Q: When will UXUY launch publicly?
A: The platform is currently in development with testnet expected later in 2025. Stay updated through official channels for release announcements.

Core Keywords

👉 Explore cutting-edge tools that combine MPC security with seamless trading experiences.

As DeFi matures, platforms like UXUY are proving that decentralization doesn’t have to come at the cost of usability. With $3.2 million in backing, a clear product vision, and a focus on real user pain points, UXUY is poised to become a cornerstone of the next phase of Web3 growth—where security, simplicity, and scalability converge.