PANews reported on September 23 that according to Chainwire, SegaSwap, a decentralized automated market maker built on Solana and Sonic SVM, has completed a seed round of financing led by Sonic SVM and 10K Ventures, with a valuation of US$10 million.

According to reports, SeagSwap is a decentralized protocol designed to support fast transactions, permissionless pool creation and innovative income opportunities.