FLock.io
Venture Round in 2024
FLock.io is a developer of a decentralized platform that focuses on machine learning and data privacy. The company aims to resolve the conflict between the increasing demand for data and the associated risks of data breaches. Its innovative platform utilizes a federated learning approach, leveraging blockchain technology to facilitate coordination among data holders. This system allows machine learning to occur while keeping data local and private, effectively eliminating the need for a central entity to collect and manage data. By empowering users to retain control over their information, FLock.io enables individuals to extract insights from their data and monetize it according to their preferences, all while ensuring privacy and security.
Kernel
Venture Round in 2024
Kernel is leading the way in restaking on the BNB Chain, which is intended to speed up innovation and ecosystem expansion while offering decentralized shared security.
SecondSwap
Seed Round in 2024
SecondSwap is a technology company that operates an automated, over-the-counter marketplace for assets with limited trading liquidity. Its decentralized platform facilitates the trading of 'locked tokens' - assets temporarily restricted from trading - across various blockchains. The platform enables users to browse verified listings, make discounted bids, and settle trades securely and transparently on the blockchain.
Iskra
Venture Round in 2024
Iskra is a crypto gaming platform designed to enhance the experience of both players and game developers within the Web3 gaming space. The company provides a social environment where users can explore innovative gaming possibilities while allowing developers to leverage blockchain technology. Iskra enables players to earn rewards, including cryptocurrency and non-fungible tokens, which can be traded in real markets. By fostering a community-driven approach, Iskra aims to revolutionize blockchain entertainment and create new opportunities for engagement and interaction among users, developers, and investors alike.
Mezo is a bitcoin economic layer network that provides fast and cheap bitcoin transactions to hold tokens while earning yield.
Mitosis
Seed Round in 2024
Mitosis is an end-of-life Layer 1 network that aims to enhance the decentralized finance (DeFi) experience by reinventing the liquidity pool (LP) model and improving on-chain asset management. The company specializes in developing a cross-chain liquidity protocol that focuses on interoperability and composability, allowing users to seamlessly interact with various decentralized finance applications. Additionally, Mitosis provides a platform for liquid staking tokens, facilitating easier navigation within the DeFi ecosystem. Through its innovative solutions, Mitosis seeks to simplify and enrich the user experience in the rapidly evolving landscape of decentralized finance.
Midas is a cryptocurrency application that enables users to sell and invest in various cryptocurrencies and tokens. In addition to facilitating transactions, Midas has developed a tokenization protocol platform that allows for the tokenization of real-world assets. This platform issues tokenized assets as permissionless tokens, which are securely held in segregated accounts managed by institutional custodians. By ensuring transparency in settlement processes, Midas supports lending and borrowing activities on decentralized finance (DeFi) money markets, enhancing the accessibility and functionality of digital assets for its customers.
ClearToken
Seed Round in 2024
ClearToken is a financial platform designed to enhance operational efficiency within the digital asset ecosystem. It provides a neutral and secure settlement layer that facilitates straight-through processing and finality for digital asset transactions. By reducing counterparty risk, ClearToken enables financial institutions to engage in the digital asset market with increased confidence. This approach aims to promote broader adoption of digital assets, making it easier for institutional players to participate in this evolving sector.
Taiko Labs
Series A in 2024
Taiko Labs is a cryptocurrency firm focused on developing a zero-knowledge Ethereum Virtual Machine (zkEVM) scaling solutions platform for the Ethereum Blockchain. The company's platform aims to enhance Ethereum's scalability by closely emulating its functionality, both technically and non-technically. It supports all Ethereum Virtual Machine (EVM) opcodes within a decentralized, permissionless, and secure layer-2 architecture, providing Ethereum developers with the necessary tools to execute blockchain projects effectively.
Lava Network
Seed Round in 2024
Lava is building the Amazon for data across web3, Lava is the modular data access network for scaling access to any blockchain. Anyone can add in-demand chains and APIs as modules to Lava, with each module being served by a network of node operators competing to offer the best service. RPC is the first service supported by the protocol and already helps developers unlock innovation across 30+ chains. By leveraging modular architecture and a peer-to-peer network of node operators, Lava powers the universal and performant infrastructure layer for developers to build whatever, wherever.
Ultiverse
Initial Coin Offering in 2024
Ultiverse is an AI-powered gaming platform that enables gamers to engage in multiplayer battles against each other. The platform allows users to create their own characters and provides a unique feature where players can redeem nonfungible tokens (NFTs) for real-life replicas or deliverables upon request, bridging the gap between virtual gaming experiences and tangible rewards.
Cube Group
Series A in 2024
Cube Group is a hybrid CEX-DEX digital asset marketplace that addresses the challenges of traditional centralized exchanges and decentralized finance platforms. The company provides a user-centric design, radical transparency, safety, and liquidity, with features like multi-party compute, on-chain settlement, proof-of-reserves, and multi-chain support. Its vaults represent users' balances on their respective layer-one blockchains, offering transparent liquidation standards and criteria for derivatives and margin trading. The platform also standardizes market data and order sessions, allowing seamless onboarding for market participants through web interfaces for trading.
MYX is a decentralized derivative exchange that "uses intelligent rates and exposure hedging mechanisms to ensure protocol stability and provide sustainable high returns" through a peer-to-pool-to-peer paradigm.
Layer N
Seed Round in 2023
Layer N develops a hyper-performant rollup network designed to scale financial applications on Ethereum. It is composed of hyper-performant and customized modular rollups, with scalability, shared communication layers for unified liquidity, and supercharged APIs.
Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.
EDX Markets
Series A in 2023
EDX Markets operates as a digital asset marketplace. It caters to the needs of both crypto-native firms and large financial institutions. The company trades in various cryptocurrencies including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. EDX Markets combines innovative technology with financial services to enable safe and compliant trading of digital assets. It also provides trading resources and a UAT Environment for its users. The company is also known for its focus on hiring crypto talent, as stated by its CEO, Jamil Nazarali.
BoomFi is a developer of a crypto payments platform designed to facilitate seamless transactions for businesses looking to accept, send, and convert cryptocurrency. The company aims to simplify the complexities associated with various chains and payment methods, making crypto payments as straightforward as traditional card transactions. Its platform includes features such as payment links, subscriptions, checkout options, and invoicing capabilities, catering to businesses of all sizes. By providing tailored solutions, insightful data for optimizing payment performance, and expert guidance, BoomFi seeks to enhance the user experience in the evolving landscape of digital payments, ultimately striving to make cryptocurrency accessible and effortless for everyday users.
Aether Games
Seed Round in 2023
Aether Games is a game development studio focused on creating innovative games within the realms of cryptocurrency and non-fungible tokens (NFTs). The company is known for its anticipated NFT-based titles, Gates of Ethernity and Cards of Ethernity. In addition to game development, Aether Games expands its creative portfolio with projects such as the CGI mini-series "Aether." The studio specializes in game publishing and animation, providing engaging visual experiences for gaming enthusiasts interested in the evolving landscape of NFT games.
Calimero Network
Seed Round in 2023
Calimero Network is a blockchain infrastructure company founded in 2022 and headquartered in London. It specializes in developing a private blockchain network platform that allows clients to deploy and scale innovative solutions while prioritizing privacy. The platform offers fully interoperable cross-contract calls, enabling businesses to manage public assets and bridge various fungible and non-fungible tokens. Additionally, it facilitates secure data storage and sharing through encrypted channels, allowing interactions with private shards. By focusing on user privacy and data control, Calimero Network aims to provide businesses with a robust solution for their blockchain needs.
DeltaPrime
Pre Seed Round in 2022
DeltaPrime is a pioneering platform that facilitates decentralized finance (DeFi) services, specifically acting as a permissionless DeFi Prime Brokerage. It operates on the Avalanche blockchain, enabling users to engage in crypto borrowing and investing with enhanced efficiency and flexibility. Key features include the ability to borrow more than the current value of deposited collateral, access to undercollateralized crypto loans, and a range of investment options for simplified portfolio management.
Mintify
Seed Round in 2022
Mintify is a developer of a web3 platform that facilitates the discovery and minting of non-fungible tokens (NFTs) through smart notifications for upcoming drops, presale, and whitelist events. The company offers a modular NFT infrastructure that functions as a multi-chain aggregator and analytics platform, serving as a trading terminal for investors. This platform allows users to implement sophisticated investment strategies, making it easier to discover, trade, and manage their NFT portfolios effectively. By combining advanced analytics with real-time notifications, Mintify aims to streamline the NFT investment process for its users.
Volare Finance
Seed Round in 2022
Volare Finance specializes in decentralized finance, offering innovative trading tools specifically designed for exotic options. The company's platform enables users to engage in transparent and trustless option trading without the need for intermediaries. By providing a decentralized mechanism, Volare Finance allows investors to create standard or customized option strategy portfolios, facilitating hedging, speculation, and yield enhancement. This approach effectively addresses credit risk issues commonly associated with options trading, making it a valuable resource for investors seeking to navigate the complexities of the options market.
Stems Labs
Pre Seed Round in 2022
Stems Labs is a community and platform for collaborative creativity. Through web3 tools, it encourages artist and fan engagement. For example, a musician can share their music stems or a mix of drums, bass, guitar, and other individual musical tracks with the Stem community. Users can then remix the audio to create new music NFTs, with royalties paid to the original artists upon sale.
Krypton
Seed Round in 2022
Krypton maintains crypto currencies, as well as tracking and analyzing the portfolio.
MetaOne is a company that offers an NFT asset management platform tailored for the gaming metaverse, focusing on optimizing onboarding and NFT processes for a large gaming community. The platform provides comprehensive data analytics that cover both game and player levels, enabling stakeholders to make informed decisions. By integrating seamlessly into game architectures, MetaOne mines relevant data for guild analytics and offers tools for guild management and asset management, thus empowering users to monetize their gaming activities. Additionally, the company has developed smart contracts to facilitate safe and transparent cross-chain investments, enhancing the overall functionality and transparency for all participants within the gaming ecosystem.
Sei Labs
Seed Round in 2022
Sei Labs is the layer 1 blockchain uniquely optimized for DeFi.
Everlend
Seed Round in 2022
Everlend is a decentralized lending and borrowing aggregator that provides optimal financial solutions for users by maximizing yields on deposits and minimizing interest rates on loans. Founded in 2021 and headquartered in Kyiv, Ukraine, the company utilizes advanced automatic rebalancing and refinancing mechanisms to enhance the user's portfolio performance in response to changing market conditions. This innovative approach allows Everlend to continually adjust deposits and loans, ensuring that customers receive competitive returns on their liquidity while maintaining access to affordable borrowing options.
Contango
Seed Round in 2022
Contango is a decentralized protocol that focuses on providing perpetual futures atop money markets. It operates a decentralized exchange designed to facilitate expirable futures without the need for order books or liquidity pools. By leveraging existing decentralized finance (DeFi) protocols, Contango enables fixed-rate lending and borrowing. The platform also supports physical delivery and minimizes price impact for larger trades, allowing traders to effectively hedge their positions and manage their costs. Through these innovations, Contango aims to enhance trading efficiency and accessibility within the decentralized finance ecosystem.
Hashflow is a decentralized exchange (DEX) aggregator that allows users to trade digital assets seamlessly across multiple leading blockchains, including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana. Launched in April 2021, Hashflow employs an intent-based smart order routing system to ensure traders receive optimal prices, drawing from over $8 billion in liquidity and enabling the trading of any token. The platform has successfully facilitated over $18 billion in total trade volume. Hashflow's team comprises experienced professionals from renowned companies in both web2 and web3 sectors, bringing expertise from organizations such as Airbnb, Amazon, Goldman Sachs, and Google. The company is supported by notable investors, including Dragonfly Capital, Electric Capital, and Coinbase Ventures, among others. Hashflow aims to enhance the trading experience by combining centralized order-matching and trade execution with decentralized custody, thereby offering users non-custodial trading options.
CLST is focused on creating an institutional gateway aimed at facilitating the lending and borrowing of digital assets, particularly stablecoins. The company seeks to establish a global network of institutional borrowers and lenders, effectively positioning itself as a key player in the short-term digital assets debt market, referred to as the New Money market. With a commitment to bridging traditional finance and crypto-native institutions, CLST facilitates institutional adoption of digital assets. Its platform enables the creation of markets for uncollateralized lending, allowing for bilateral price negotiation and settlement between institutional users. This initiative aims to enhance the efficiency of short-term debt markets for crypto assets and stablecoins, catering specifically to the growing needs of institutional participants.
peaq is a pioneering company in the blockchain sector, focused on creating a decentralized infrastructure for various real-world applications, known as DePINs. It operates a layer-1 blockchain that supports over 25 applications across 11 different industries, facilitating the connection of more than 500,000 devices, vehicles, machines, and robots. By offering a permissionless and borderless platform, peaq aims to democratize access to mobility, energy, connectivity, environment, agriculture, and digital infrastructure, ensuring that the benefits of advanced technologies reach a broader audience. The company's in-house developed blockchain hybrid technology operates under a software-as-a-service model, allowing large organizations to enhance efficiency by reducing costs, automating processes, and improving the security and speed of their systems. Through its innovative solutions, peaq is positioned to play a critical role in the evolving landscape of intelligent machines and the digital economy.
SithSwap
Seed Round in 2022
SithSwap is a company that operates an advanced Automated Market Maker (AMM) on the StarkNet platform. It specializes in providing instant swaps for both volatile and stable assets with minimal slippage and near-zero fees. The company's services are designed to offer trading pairs similar to Uniswap V2, with configurable trading fees and no administrative fees. Additionally, SithSwap incorporates built-in flash loan capabilities and leverages the full security of Ethereum, allowing traders to earn incentives for participating in governance decisions regarding future protocol emissions.
Masa
Pre Seed Round in 2022
Masa is a decentralized AI platform and data marketplace designed to transform the credit infrastructure landscape. By enabling users to be compensated for their data contributions, Masa aims to disrupt traditional centralized credit systems. Its innovative protocol includes a non-fungible credit report, composable credit primitives, smart contracts, and liquidity pools, all of which facilitate a scalable, interoperable, and standardized on-chain identity infrastructure tailored for the web3 ecosystem. This infrastructure supports developers in building web3 communities by allowing them to acquire, verify, and engage users, while also providing tools to launch advanced credit products that align with existing centralized credit paradigms.
MYSO Finance
Seed Round in 2022
MYSO Finance provides fully customizable on-chain covered calls and bespoke DeFi loans.
0x is a developer of an open protocol that enables decentralized exchanging of tokens on the Ethereum blockchain. The protocol serves as a standard framework that facilitates peer-to-peer transactions and promotes interoperability among decentralized applications that incorporate exchange capabilities. By providing a mechanism for users to seamlessly convert a diverse range of assets into cryptographic tokens, 0x aims to enhance the accessibility and efficiency of digital asset trading in a decentralized manner.
bloXroute Labs
Series B in 2022
bloXroute Labs, Inc. is a company focused on providing blockchain scalability solutions that enable cryptocurrencies and blockchains to process thousands of transactions per second without requiring protocol changes. Established in 2018 and based in Evanston, Illinois, the company operates a blockchain distribution network that enhances the efficiency of data propagation across all blockchains. By utilizing a global network of servers optimized for performance through advanced techniques like compression and encryption, bloXroute Labs ensures that all nodes can maintain consensus even as transaction volumes soar. This provably neutral platform supports a wide range of blockchains, facilitating improved transaction throughput and addressing scalability challenges at the network layer.
Aligned
Seed Round in 2022
Aligned is a DeFi and Web3 infrastructure company.
Luna Foundation Guard
Initial Coin Offering in 2022
LFG is dedicated to supporting a vibrant community of blockchain innovators committed to developing a decentralized global economy.
Ava Protocol
Seed Round in 2022
Ava Protocol is a developer of a blockchain payment automation platform that facilitates private autonomous transactions for diverse applications, including decentralized finance, non-fungible tokens, and gaming. The platform utilizes an intent-based Eigenlayer architecture to enhance decentralized applications by incorporating features such as scheduled and recurring payments, stop-loss orders, and streaming rewards. Its event-driven execution model allows for the triggering of cross-chain transactions based on various signals, including time, price fluctuations, and smart contract updates. This enables developers to efficiently schedule and automate functions across multiple blockchains, including Ethereum, while maintaining privacy and ensuring reliable execution.
Trident Labs
Seed Round in 2022
Trident Labs develops decentralized finance products on Ethereum and Solana. Our portfolio includes Magik, an investing and lending protocol built on Solana, and Zurge, a liquidity procurement tool deployed on Ethereum.
ICHI is a company based in Japan that specializes in developing a stable currency and economic stimulus platform tailored for cryptocurrency projects. Its software empowers these projects by creating and managing non-custodial tokens, promoting scarcity among member coins to ensure price stability. This approach facilitates a community treasury, enabling cryptocurrency communities to engage in various financial activities, such as purchasing goods and services, paying expenses and taxes, and accessing exposure to the United States dollar within decentralized finance applications.
Spin, founded in June 2021, is a developer of a multichain decentralized exchange (DEX) platform focused on derivatives trading, specifically futures and options. Operating on the NEAR Protocol and Solana blockchains, Spin aims to deliver a user experience comparable to centralized exchanges by utilizing a central limit order book execution model combined with a liquidity pool. The platform offers traders advanced risk management and strategy-building tools, enhancing the efficiency and accessibility of trading for a wide range of users.
Astar Network
Venture Round in 2022
Astar Network is a multi-virtual machine scalable smart contract platform on Polkadot supporting cutting-edge layer 2 like Rollups.
SOMA.finance
Seed Round in 2022
SOMA.finance is a decentralized marketplace focused on digital assets, compliant digital securities, and NFTs. The company provides a multi-asset exchange and token issuance platform that allows users to trade and list a variety of crypto assets and tokenized equities. Its platform supports the listing of regulated crowdfunding and various offerings, ensuring compliance with securities laws and regulations. By incorporating features such as built-in KYC/AML processes and a permissionless regulated automated market maker, SOMA.finance aims to deliver the advantages of decentralized finance to both retail and institutional investors while maintaining adherence to legal standards.
Infinity Force
Seed Round in 2022
Infinity Force is a platform designed for blockchain game players, enabling them to create new guilds, recruit members, and manage their performance effectively. The company focuses on web3 transformation by providing essential financial tools tailored for the blockchain gaming industry. Its platform reconciles blockchain transactions and offers real-time reporting, facilitating the use of crypto invoices and automating accounts payable and receivable through cross-chain smart contracts. This comprehensive approach empowers businesses within the gaming sector to establish and manage their own guilds, ultimately maximizing their earning potential.
Hubble Protocol
Venture Round in 2022
Hubble Protocol is a decentralized financial platform that facilitates long-term borrowing, lending, and the creation of structured financial products. It aims to democratize access to decentralized finance by offering a range of sustainable financial services. The protocol's software supports multi-asset collateral and enables zero-interest borrowing, allowing users to leverage yield-bearing assets for loans. Additionally, Hubble enhances yield generation on deposits of various tokens, providing clients with optimized financial opportunities while minimizing costs associated with loans.
Neptune Mutual
Venture Round in 2022
Neptune Mutual is a developer of a parametric cover platform focused on providing innovative risk protection solutions for cryptocurrency investors. The company aims to safeguard user funds against potential exploits related to cryptocurrency exchanges, custody providers, and smart contracts. By leveraging blockchain technology, Neptune Mutual creates user-centric hedging products that enhance security and reduce the risks associated with malicious activities in the digital asset space.
UBet Sports
Pre Seed Round in 2022
UBet Sports operates a decentralized exchange for sports betting, leveraging blockchain technology and smart contracts. The platform allows users to engage in sports prediction markets without a centralized bookmaker, enabling anyone to become a bookie by participating in liquidity provision. By utilizing internal and external market data, UBet Sports models the probability of sports outcomes, which enhances the betting experience for sports fans. This innovative approach not only empowers users to place bets but also provides opportunities for liquidity providers, fostering a collaborative ecosystem that benefits all participants in the market.
YuzuSwap
Seed Round in 2021
YuzuSwap is a decentralized exchange operating on the Oasis Emerald Protocol, focused on facilitating the discovery and swapping of tokens within the Oasis ecosystem. The platform employs a non-custodial, peer-to-peer, automated market-maker model, which allows users to engage in token swaps efficiently and at low costs. YuzuSwap incorporates various incentives, such as liquidity and trade mining, to enhance user participation. Key features of the platform include a buyback mechanism, limitless extensibility, a "trade once, mine forever" concept, a fair launch approach, and a DAO vault, all designed to create a user-friendly and secure trading experience.
Arrow Markets
Seed Round in 2021
Arrow Markets operates a decentralized financial market options protocol designed to democratize returns for option market makers. The company’s platform eliminates intermediaries in the traditional options trading process, including brokers and clearinghouses, thereby passing the resulting savings directly to users. By offering cash-settled options and streamlining the entire trading pipeline—from market making to clearing and settlement—Arrow Markets enables liquidity providers to mimic the hedging activities typically associated with traditional market makers. This innovative approach aims to enhance accessibility and efficiency within the options trading landscape.
Jet Protocol
Seed Round in 2021
Jet Protocol Holdings is a developer of a decentralized lending and borrowing platform that aims to reduce transaction costs and enhance efficiency in financial transactions. The company specializes in creating innovative loan products and facilitates cross-chain interest rate arbitrage, allowing users to streamline their borrowing and lending activities. Through its platform, Jet Protocol Holdings provides a borrowing agreement designed to simplify the complexities often associated with traditional financial systems, making it easier for users to engage in lending and borrowing transactions.
Minima is a developer of an ultra-lean blockchain protocol that enables users to run full construction and validation nodes on mobile and IoT devices. Founded in 2018 and based in Zug, Switzerland, the company focuses on creating a decentralized platform that supports an open and cooperative ecosystem, particularly in the context of the metaverse. Minima's technology is designed to facilitate the realization of decentralized physical infrastructure networks (DePIN), making blockchain accessible and scalable for real-world applications. By allowing every user to participate in the network as a node, Minima aims to foster inclusivity and enhance the functionality of blockchain technology.
Swivel Finance
Series A in 2021
Swivel Finance is a company based in Austin, Texas, founded in 2020 that specializes in creating an online lending platform. It offers a decentralized protocol designed for fixed-rate lending and interest-rate derivatives, allowing lenders to secure fixed-rate interest rates on their ERC-20 tokens. The platform is characterized by its low transaction overhead and reduced risk for users, facilitating a more stable lending environment in the decentralized finance space.
Eden Network
Seed Round in 2021
Eden Network is a blockchain infrastructure company that focuses on enhancing transaction safety for traders and providing transaction priority for NFT minters. It develops a suite of Ethereum smart contracts that adhere to the principles of progressive decentralization, allowing token holders to participate in governance through private communication channels and decision-making processes. The company also offers essential liquid staking and validation infrastructure aimed at optimizing yield generation, increasing total value locked (TVL), and fostering overall network growth. By prioritizing both security and user governance, Eden Network seeks to create a more efficient and decentralized trading environment.
Figment Capital
Series B in 2021
Figment Networks Inc. is a leading blockchain infrastructure and software provider based in Toronto, Canada, established in 2018. The company develops and operates an open-source crypto network, focusing on enhancing community engagement through tools that facilitate understanding of network health and performance for informed staking decisions. Figment supports various crypto networks, including Tezos, Cosmos, Livepeer, and Horizen. It offers a comprehensive suite of services, such as enterprise-grade node and staking infrastructure, the Hubble Web 3 explorer, and DataHub developer APIs, aimed at simplifying the use, development, and governance of blockchains for token holders and developers alike. Additionally, Figment publishes open-source software and economic research to further benefit the blockchain community.
Lyra Finance
Seed Round in 2021
Lyra Finance operates a decentralized platform focused on trading cryptocurrency options and perpetual contracts. Built on Ethereum, Lyra Finance combines traditional options market-making principles with the advantages of the crypto space, such as scalability and composability. The protocol offers unique and programmable on-chain options and structured products, allowing users to buy and sell options that are priced using an innovative market-based, skew-adjusted pricing model. This approach enhances the accuracy of pricing in the options market, catering to the needs of traders in the evolving cryptocurrency landscape.
Visor Finance
Seed Round in 2021
Visor Finance is a developer of a decentralized platform focused on active liquidity management. The company provides a platform that enables participants to utilize smart vaults for liquidity mining and the management of assets across various decentralized finance protocols and exchanges. By allowing users to create strategies, reinvest fees, and distribute protocol revenue, Visor Finance aims to help users maximize returns from fees while minimizing impermanent loss. Through its innovative approach, the company contributes to the evolving landscape of decentralized finance, enhancing the user experience in liquidity management.
dYdX is a prominent decentralized exchange that aims to empower traders by providing a secure and efficient trading platform. Founded in 2017 by Antonio Juliano, a former engineer at Coinbase and Uber, dYdX operates on Ethereum using audited smart contracts, which eliminates the need for trust in a central authority during trading. The platform offers a variety of financial products, including perpetual, margin, and spot trading, as well as borrow and lend pools. Users can earn interest on their deposits and engage in margin trading with customizable leverage options. By combining the security and transparency associated with decentralized exchanges with the speed and usability typically found in centralized platforms, dYdX strives to create an open financial system that grants universal access to advanced trading tools.