MM Finance, the DEX project of the Cronos and Polygon ecosystem, closed its Launchpad on the Arbitrum chain with a 364x oversubscription of the public offering of the project, bringing the total amount committed to $182 million.
MM Finance previously announced that it would open a public sale of 5 million $MMF on Arbitrum, with the Launchpad lasting two days, with 50% of the $MMF being sold through a whitelist sale and 50% through an open sale. The project's target fundraising for this offering is only $1 million, and any over-subscribed funds will be returned.