DWF Labs

DWF Labs, founded in 2022 and based in Singapore, is a prominent player in the Web3 and cryptocurrency sectors. As a high-frequency trading entity, it engages in both spot and derivatives trading across more than 60 leading exchanges globally. DWF Labs is focused on investing in innovative companies within the Web3 ecosystem, positioning itself as a key investor and market maker in the evolving digital currency landscape.

Andrei Grachev

Managing Partner

Jorinda Hsu

Investment Analyst

Heng Yu Lee

Partner

Eugene Ng

Partner

Stefano Virgilli

Business Partner for PR and Media

Justin Yuan

Investment Analyst

Zac Zou

Partner

Past deals in Smart Contracts

Domin Network

Venture Round in 2025
Domin Network is a decentralized business network that connects software and hardware in many business situations using the NFT middleware protocol and DePIN rollup technology.

Yei Finance

Seed Round in 2024
Yei Finance a pioneering decentralized, non-custodial money market protocol.

LogX

Seed Round in 2024
About LogX LogX is the leading Perpetual DEX on Layer 2 networks. Supported by top-tier investors like Sequoia Capital Coinbase Ventures IOSG Hashed and more LogX combines a simple user friendly interface with extremely fast order matching built on proprietary scalable infrastructure. Currently live on 15+ networks LogX stands out as the most omnipresent Perp DEX in the market. We offer two distinct products to cater to different types of traders 1. LogX Pro: An advanced order book-based platform designed for experienced traders, live on three networks. 2. LogX OG: Featuring an innovative AMM based DAMN pool infrastructure, built for scalability and live on over 10 networks, perfect for new traders. Our Competitive Edge and Uniqueness: - Low Cost High Liquidity Offering: LogX sets a new standard in decentralized trading with unmatched cost efficiency and high liquidity across multiple pairs. - Technological Superiority: Our DAMN-based AMM pool enables rapid deployment of perpetual DEXs on new networks and ecosystems. - AI-Based Trading Bots: We are the first in the perps industry to offer fully functional AI trading bots executing strategies like grid trading. At LogX we prioritize composability seamlessly integrating with other protocols while allowing other protocols to integrate with us. This makes LogX a versatile choice for applications like wallets copy trading platforms and analytics platforms.

API3

Venture Round in 2024
API3 is focused on developing a decentralized API infrastructure that connects blockchain applications with off-chain data providers. The company's platform addresses the API connectivity challenge by utilizing decentralized APIs, which are composed of first-party oracles. This approach allows data providers to operate as their own blockchain oracles, eliminating the need for third-party intermediaries. By aggregating data from reputable API providers through its innovative dAPI framework, API3 enables the creation of decentralized applications that utilize secure, quantifiable data feeds. This infrastructure empowers developers to effectively integrate real-world data into blockchain solutions, enhancing the functionality and reliability of decentralized applications.

Alex

Series A in 2024
Alex is an open-source DeFi development business based on the Stacks Blockchain and inspired by financial markets throughout the world.

Nebula Revelation

Seed Round in 2024
Nebula Revelation is a large open-world web3 game based around space.

Obscuro

Venture Round in 2024
Obscuro is focused on enhancing data privacy within the blockchain sector by developing a protocol that safeguards financial transaction data and sensitive trading information. Utilizing a Layer 2 rollup over the Ethereum network, Obscuro's solution enables smart contracts to incorporate both public and private elements without altering the user or developer experience. This approach not only protects data from breaches caused by cyberattacks or hardware vulnerabilities but also improves transaction speed. By providing a secure environment for businesses to operate, Obscuro aims to ensure data confidentiality while facilitating efficient transactions.

Doubler Pro

Seed Round in 2024
Doubler Pro is a financial strategy tool provider that offers a financial strategy tool based on open smart contracts. They also released a test network that interfaces with the Blast layer 2 network, allowing customers to speed development and improve user experience.

Ordiswap

Seed Round in 2024
Ordiswap is a company dedicated to enhancing the infrastructure for decentralized finance (DeFi) applications centered around bitcoin. It develops a cryptocurrency liquidity layer designed to improve market liquidity. The company provides software that features dynamic automated market makers' infrastructure, enabling users to achieve better liquidity for their cryptocurrency transactions. Through its innovative solutions, Ordiswap aims to create a more robust environment for users engaging with bitcoin-based DeFi applications.

FLOKI

Initial Coin Offering in 2023
FLOKI's crypto education platform is tailored to customers' needs regardless of the level of cryptocurrency experience. It is cross-chain and available on both the ethereum blockchain and the binance smart chain.

Analog

Seed Round in 2023
Analog is a decentralized Layer-0 blockchain focused on facilitating event data in the Web3 ecosystem. It operates on a Proof-of-Time consensus protocol and is the creator of the Timechain, designed to enhance trustless omnichain interoperability. The company offers a comprehensive suite of tools, including the Watch SDK, which allows developers to deploy and query data from connected chains through a unified API. To improve user experience in querying blockchain data, Analog has developed a low-code platform known as the Watch UI. Additionally, Analog plans to expand the Watch SDK's capabilities to include cross-chain smart contract execution through the General Message Passing SDK, enabling the creation of sophisticated cross-chain applications beyond simple token transfers. The Timegraph SDK further supports users by providing a unified interface for querying blockchain data, coupled with a Query Marketplace that organizes Web3 data from interconnected chains and smart contracts. Overall, Analog aims to empower developers to create innovative, event-based applications while promoting a more interoperable Web3 future.

Parex Market

Seed Round in 2023
Parex Market operates a blockchain ecosystem that focuses on facilitating secure and efficient trading experiences without requiring identity verification. The company offers a variety of products, including wallets, exchanges, applications, and blockchain solutions, all designed to promote decentralized and identityless transactions. By providing a fully community-driven DAO ecosystem, Parex Market aims to combat inflation and empower clients to trade non-fungible tokens (NFTs) and various tokens seamlessly. This approach enhances accessibility and fosters a more inclusive trading environment.

Fetch.ai

Venture Round in 2023
Fetch.ai is a UK-based company focused on developing an emergent intelligence protocol aimed at creating a frictionless economic Internet. The platform facilitates autonomous interactions among various economic agents, allowing them to work without human intervention to solve complex problems. By acting as a disintermediation agent, Fetch.ai connects supply and demand seamlessly, fostering a self-service trust environment. Its decentralized tools enable the construction of a smart infrastructure for the digital economy, incorporating smart contract capabilities to deploy artificial intelligence and machine learning. This approach allows users to create diverse ecosystem infrastructures and explore innovative commercial models.

Radix

Venture Round in 2023
Radix is a developer of a decentralized finance protocol that aims to enhance access, liquidity, and programmability for various assets. The protocol facilitates the creation of decentralized applications, tokens, and coins, employing a vertically integrated approach to simplify the processes of on- and off-ramping. It also offers functionality for creating and accessing liquidity pools through an application programming interface (API). This enables clients to efficiently create, transfer, and store digital assets and applications, thereby streamlining the user experience within the decentralized finance ecosystem.

Synthetix

Initial Coin Offering in 2023
Synthetix is a decentralized protocol based on the Ethereum blockchain that facilitates the issuance of synthetic assets for derivatives trading in decentralized finance (DeFi). Founded in 2017 by Kain Warwick in Sydney, Australia, Synthetix enables users to create and trade synthetic assets that provide exposure to various real-world assets, including currencies, commodities, stocks, and indices. The platform supports a range of financial products such as perpetual futures and options markets, allowing for peer-to-contract trading with infinite liquidity. Synthetix operates through a distributed collateral pool, ensuring users can access synthetic versions of both fiat and cryptocurrencies while maintaining an overview of the entire network.

Orbs

Initial Coin Offering in 2023
Orbs Ltd. is a provider of blockchain-based infrastructure specifically designed for consumer brands, enabling them to launch decentralized applications. Founded in 2017 and headquartered in Tel Aviv, Israel, the company offers a platform that functions as blockchain infrastructure as a service (IaaS). This platform features a hybrid consensus architecture that allows businesses to manage costs and governance while benefiting from a decentralized Proof-of-Stake ecosystem. Orbs also operates a marketplace that permits customers to select decentralized infrastructure providers for deploying their applications. The infrastructure enhances application development by offering services such as decentralized compute and storage, ensuring reliability and scalability. By facilitating the creation of decentralized applications, Orbs empowers brands to leverage blockchain technology as a competitive advantage, fostering a more trustworthy environment for users and partners. With a dedicated team of over 60 professionals, Orbs aims to transform how consumer applications are developed and operated in a decentralized ecosystem.

Beldex

Venture Round in 2023
Beldex operates a privacy-based ecosystem focused on decentralized applications that prioritize user data protection and identity preservation in the cryptocurrency space. The platform enables users to reclaim their online privacy through a range of privacy-preserving applications. It incorporates zero-knowledge proofs to enhance the privacy, security, and scalability of decentralized applications (DApps). Additionally, Beldex integrates Ethereum Virtual Machine (EVM) technology to facilitate the development of permissionless, private smart contracts and Web 3.0 applications, further bolstering its commitment to user confidentiality and security in digital transactions.

ICHI

Pre Seed Round in 2022
ICHI is a Japan-based company that develops a stable currency and economic stimulus platform aimed at enhancing cryptocurrency projects. Its software allows for the creation and management of in-house, non-custodial tokens, which are designed to maintain price stability through the scarcity of member coins. This functionality supports cryptocurrency communities by enabling them to conduct transactions for goods and services, manage expenses and taxes, and gain exposure to U.S. dollars within decentralized finance (DeFi) applications. Through its innovative approach, ICHI seeks to empower users and foster sustainable economic ecosystems within the cryptocurrency landscape.

Obscuro

Seed Round in 2022
Obscuro is focused on enhancing data privacy within the blockchain sector by developing a protocol that safeguards financial transaction data and sensitive trading information. Utilizing a Layer 2 rollup over the Ethereum network, Obscuro's solution enables smart contracts to incorporate both public and private elements without altering the user or developer experience. This approach not only protects data from breaches caused by cyberattacks or hardware vulnerabilities but also improves transaction speed. By providing a secure environment for businesses to operate, Obscuro aims to ensure data confidentiality while facilitating efficient transactions.

XDAO

Seed Round in 2022
XDAO is the fastest-growing multichain DAO ecosystem built for decentralized future trusted by 100,000+ users. The safest way to create a DAO and manage crypto funds.

MetaOne

Pre Seed Round in 2022
MetaOne operates a platform focused on NFT asset management tailored for the gaming metaverse, facilitating the onboarding process and streamlining NFT transactions. The platform offers a unified interface that supports the transition from traditional gaming to blockchain technology, integrating into game architecture to gather essential data for guild analytics. It provides tools for guild management and asset management, allowing stakeholders to enhance revenue generation. Additionally, MetaOne has designed smart contracts that enable safe and transparent cross-chain investments. By delivering comprehensive gaming data analytics, the platform empowers a substantial gaming community and offers valuable insights for investors to make informed decisions.

World Mobile Token

Pre Seed Round in 2022
World Mobile Token is enabling a new global mobile network built on the sharing economy.

XDAO

Pre Seed Round in 2022
XDAO is the fastest-growing multichain DAO ecosystem built for decentralized future trusted by 100,000+ users. The safest way to create a DAO and manage crypto funds.

Exorde Labs

Funding Round in 2022
Exorde Labs operates a decentralized indexing platform designed to empower developers in scraping and linking all public data available on the web. The platform aims to combat misinformation while providing transparency and neutrality in data handling. By utilizing blockchain and cryptocurrency technologies, Exorde enables users to track the dissemination of information in a censorship-resistant environment. This innovative approach supports the development of an Open Data Economy, fostering a community that values openness and accountability in the digital landscape.

Deliq Finance

Pre Seed Round in 2022
Deliq Finance is a decentralized liquidity provisioning protocol that provides outsourcing services for the Avalanche ecosystem.
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