The decentralized exchange Mangrove has launched its testnet and plans to go live with its mainnet in June

ChainCatcher news, the decentralized exchange Mangrove has launched its testnet on Polygon and plans to go live on the mainnet in June. The Mangrove testnet has introduced a programmable order book feature, allowing traders to set specific price offers without locking funds in the contract, but if the execution price is reached without sufficient funds, traders will face a certain penalty.

According to data from the crypto data platform RootData, Mangrove announced the completion of a $7.4 million Series A funding round in February this year, led jointly by Cumberland and Greenfield Capital. (Source link)