Venom Foundation is pleased to announce the listing of its native token, $VENOM, on Deepcoin's Spot and Perpetual Futures markets. This strategic initiative reflects Venom's commitment to expanding globally and leveraging Deepcoin's established presence in Asia.

Key Highlights

Deepcoin's Significance

Ranked in the Top 10 derivatives exchanges by CoinGecko, Deepcoin boasts a vast user base of over 10 million worldwide and a substantial daily trading volume of around $10 billion across spot and derivatives markets.

Strategic Implications

The listing on Deepcoin underscores Venom Foundation's strategic vision to broaden its global footprint and reinforce its market standing. By securing a position on Deepcoin, Venom enhances its accessibility and strategically positions itself within a prominent exchange known for its dominance in the Asian region.

Continued Expansion

This recent listing marks Venom's third successful inclusion in a short duration, indicating a growing global acceptance and heightened interest from mainstream exchanges. With this expansion, Venom now extends its reach to an additional 40 million users worldwide, a remarkable achievement in visibility and access.

Leadership Insights

Christopher Louis Tsu, CEO of Venom Foundation, stated, "The listing on Deepcoin signifies a strategic progression in our global expansion strategy. Securing approval for Perpetual Futures trading underscores our dedication to providing diverse trading options, enhancing awareness, and offering more opportunities for our growing community."

Deepcoin's Perspective

Founder and CEO of Deepcoin, Ego Huang, remarked, "We warmly welcome the listing of Venom on Deepcoin and anticipate the advantages it will offer our users. Venom's inclusion aligns seamlessly with our mission to provide access to innovative crypto assets and promising projects. With its unique attributes and solid community support, Venom adds significant value to our platform. At Deepcoin, we are committed to expanding our offerings and improving the trading experience for our users globally."

About Venom Foundation

Venom is a leading layer-0 and layer-1 network that integrates seamlessly with other independent networks through advanced Mesh technology. Supported by a masterchain for overall state and consensus management, Venom enables unlimited autonomous workchains for user accounts, smart contracts, and dApps. Mesh technology streamlines inter-chain communication, ensuring speed and scalability. Known for its rapid finality, robust security, stability, and user-friendly interfaces, Venom is an ideal platform for hosting CBDCs and large-scale projects.