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DuckChain has announced that it has secured $5 million in funding from institutions such as dao5 and Tandem by Offchain Labs, and has launched the Yellow Duck Mission global hackathon.
DuckChain, endorsed by TONScale Labs and Arbitrum, has announced the successful completion of a $5 million funding round. The investment was led by top-tier investment institutions including dao5, Offchain Labs' Tandem, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, Geekcartel, Gate Labs, and Presto. Additionally, strategic angel investors from Camelot and Quantstamp also participated in this funding round.
On this significant funding milestone, DuckChain has also launched the global Web3 hackathon, Yellow Duck Mission, aiming to bring together developers, creators, and innovators to collectively build the next generation of decentralized applications. Co-hosted by OKX Wallet, Arbitrum, and OnePieceLab, this event will gather the pioneering forces in the Web3 space to drive innovation in the blockchain domain. With a hackathon total prize pool of up to $1,000,000 in DuckChain tokens, it is poised to bring transformative development to the Web3 ecosystem.
What is Yellow Duck Mission?
Yellow Duck Mission is not just a hackathon but also the starting point of the next wave of Web3 innovation. From December 15, 2024, to January 15, 2025, participants will have the opportunity to develop creative solutions that push the boundaries of blockchain technology, including decentralized finance (DeFi) protocols, AI-driven applications, meme-based platforms, and more. The list of winners will be announced on January 23, 2025.
DuckChain's mission is to connect billions of Telegram users from the off-chain world to the on-chain ecosystem by creating groundbreaking dApps and integrating DuckChain's "Duck" brand image. Whether you are building the next iconic Meme platform or an innovative DeFi solution, this event will offer limitless possibilities for your creativity!
Why Participate?
Generous Rewards
With a total prize pool of up to $1,000,000 in DuckChain tokens, rewards will be distributed after the DuckChain Token Generation Event (TGE) and will include:
· Golden Duck Award: Provides $500,000 to the best-performing project.
· Quack-tastic Special Prize: Awards $200,000 to recognize the most creative project.
· Duckling Star Award: Offers $50,000 to the project with the most active community engagement.
Excellent Opportunity
Participants will have the opportunity to attract the attention of global Web3 users, win investor favor, and showcase your accomplishments to the world!
Hackathon Tracks
· Meme Track: Build a meme-centric dapp that combines humor, creativity, and blockchain technology.
· DeFi Track: Develop innovative DeFi applications and explore new use cases for stablecoins.
· Telegram-Powered dApp Track: Utilize the Telegram ecosystem to develop bots, mini-apps, or games.
· AI Track: Explore AI-driven blockchain solutions, including DAOs, AI agents, NFTs, and various applications.
· Infrastructure Track: Innovate tools and technologies for decentralized social networks, bioinformatics, and other fields.
How to Participate?
The submission channel will open on December 15, 2024. Visit the DuckChain Hackathon portal to register and take the first step in shaping the future of Web3.
About DuckChain
DuckChain is the first TON-based consumer layer aiming to onboard billions of Telegram users to the blockchain space. DuckChain has already partnered with over 50 ecosystem partners, accumulated over 10 million transactions, and onboarded 2.6 million on-chain users, leading the way to redefine the future of Web3.
This article is contributed content and does not represent the views of BlockBeats.
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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.
The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.
Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.
Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.
The trading process has been streamlined into five steps:
· Choose the trading asset
· Select long or short
· Input position size and leverage
· Confirm order details
· Confirm and open the position
The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.
Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:
· End-to-end encrypted private groups supporting up to 1024 members
· End-to-end encrypted voice communication
· One-click position sharing
· One-click trade copying
On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.
By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.
Mixin has also introduced a referral incentive system based on trading behavior:
· Users can join with an invite code
· Up to 60% of trading fees as referral rewards
· Incentive mechanism designed for long-term, sustainable earnings
This model aims to drive user-driven network expansion and organic growth.
Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:
· Separation of transaction account and asset storage
· User full control over assets
· Platform does not custody user funds
· Built-in privacy mechanisms to reduce data exposure
The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.
Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.
The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.
Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.
This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."
The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.
Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.
Its core capabilities include:
· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations
· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets
· Decentralization: achieving full user control over assets without relying on custodial intermediaries
· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication
Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.
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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.
The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.
Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.
Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.
The trading process has been streamlined into five steps:
· Choose the trading asset
· Select long or short
· Input position size and leverage
· Confirm order details
· Confirm and open the position
The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.
Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:
· End-to-end encrypted private groups supporting up to 1024 members
· End-to-end encrypted voice communication
· One-click position sharing
· One-click trade copying
On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.
By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.
Mixin has also introduced a referral incentive system based on trading behavior:
· Users can join with an invite code
· Up to 60% of trading fees as referral rewards
· Incentive mechanism designed for long-term, sustainable earnings
This model aims to drive user-driven network expansion and organic growth.
Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:
· Separation of transaction account and asset storage
· User full control over assets
· Platform does not custody user funds
· Built-in privacy mechanisms to reduce data exposure
The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.
Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.
The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.
Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.
This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."
The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.
Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.
Its core capabilities include:
· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations
· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets
· Decentralization: achieving full user control over assets without relying on custodial intermediaries
· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication
Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.
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