Feeling left behind in the crypto space?
Follow the big players to stay ahead of the competition.
Here are the last 10 DeFi projects in which #Coinbase has invested.
A Thread🧵
Follow the big players to stay ahead of the competition.
Here are the last 10 DeFi projects in which #Coinbase has invested.
A Thread🧵
1/ Below you will find a list of 10 projects, each with a brief description, the amount of funding raised, and the venture capital firms that have participated in their funding rounds along with Coinbase Ventures.
2/ If you haven't already, go back and read the first part about Binance Labs' investments.
https://twitter.com/Moomsxxx/status/1637881954618974227
3/ Finally, thank you for your support. I'm glad you enjoy this type of content.
Let's get started now.
Let's get started now.
4/ @AffineDeFi
Affine is an investment platform allowing users to invest in multiple assets simultaneously by purchasing a basket.
Baskets are rebalancing vaults that provide exposure to one or more strategies.
Strategies can be of two types; yield-bearing & direct exposure.
Affine is an investment platform allowing users to invest in multiple assets simultaneously by purchasing a basket.
Baskets are rebalancing vaults that provide exposure to one or more strategies.
Strategies can be of two types; yield-bearing & direct exposure.
/5 Coinbase Ventures and other notable firms such as Shima Capital, Jump Capital, Spartan Group, Circle Ventures (USDC issuer), and others participated in the seed round.
Amount raised: $5,100,000
Amount raised: $5,100,000
/6 @term_labs
Term Finance is a decentralized and non-custodial lending protocol allowing fixed-rate borrowing and lending.
Participants determine a single market clearing rate that is fair & transparent for both parts via weekly auctions, making it the first of its kind.
Term Finance is a decentralized and non-custodial lending protocol allowing fixed-rate borrowing and lending.
Participants determine a single market clearing rate that is fair & transparent for both parts via weekly auctions, making it the first of its kind.
/7 Coinbase Ventures & Circle Ventures along with other VCs participated in the seed round.
Amount raised: $2,500,000
Amount raised: $2,500,000
/8 @mauve_org
Mauve is the first DEX that combines traditional finance's trustlessness and compliance, allowing users to trade without losing custody of their assets.
Mauve requires strict compliance checks for all users and ensures instant settlement without intermediaries.
Mauve is the first DEX that combines traditional finance's trustlessness and compliance, allowing users to trade without losing custody of their assets.
Mauve requires strict compliance checks for all users and ensures instant settlement without intermediaries.
/9 Coinbase Ventures and other VCs participated in the funding round.
Amount raised: $15,000,000
Amount raised: $15,000,000
/10 @Rocket_Pool
Rocket Pool is an Ethereum staking protocol and, after Lido, the second largest decentralized staking protocol by Total Value Locked (TVL). Most of us know about it as It currently has over $1.1 billion TVL, expected to grow following the Shanghai upgrade.
Rocket Pool is an Ethereum staking protocol and, after Lido, the second largest decentralized staking protocol by Total Value Locked (TVL). Most of us know about it as It currently has over $1.1 billion TVL, expected to grow following the Shanghai upgrade.
/11 Coinbase Ventures has recently announced a direct investment (the amount has not been disclosed) in Rocket Pool's native token RPL and proposed participation in oDAO.
/12 @alongsidefi
AMKT is a crypto index token designed to track the crypto market in a single token.
The token provides market exposure to a 25-asset market-cap-weighted basket that is rebalanced monthly and reconstituted quarterly.
AMKT is a crypto index token designed to track the crypto market in a single token.
The token provides market exposure to a 25-asset market-cap-weighted basket that is rebalanced monthly and reconstituted quarterly.
/13 The seed round was led by a16z, with participation from Coinbase Ventures and other VCs.
Amount raised: $11,000,000
Amount raised: $11,000,000
/14 @Architect_xyz
Architect is a trading infrastructure designed for institutions and large traders looking for secure, robust, customizable trading tools.
The platform is optimized for ultra-low latency and includes standardized risk, compliance, market data, and dev tools.
Architect is a trading infrastructure designed for institutions and large traders looking for secure, robust, customizable trading tools.
The platform is optimized for ultra-low latency and includes standardized risk, compliance, market data, and dev tools.
/15 The funding round was led by Coinbase Ventures and Circle Ventures, with participation from other venture capital firms.
Amount raised: $5,000,000
Amount raised: $5,000,000
/16 @alkimiya_io
Alkimiya is a protocol that enables consensus producers (e.g., PoW miners, staking validators) to create financial contracts backed by the underlying "consensus resources" (e.g. hash power).
Alkimiya is a protocol that enables consensus producers (e.g., PoW miners, staking validators) to create financial contracts backed by the underlying "consensus resources" (e.g. hash power).
/17 Alkimiya v1.0 focuses on the financial abstractions of proof-of-work and provides two core products: Silica and Hash Vaults.
The funding round was led by 1kx with the participation of Coinbase Ventures, DragonFly Capital, and other VCs.
Amount raised: $7,200,000
The funding round was led by 1kx with the participation of Coinbase Ventures, DragonFly Capital, and other VCs.
Amount raised: $7,200,000
/18 @perenniallabs
Perennial is a peer-to-pool derivatives AMM designed from the ground up to be a DeFi-native primitive.
The protocol follows the philosophy of protocols like Uni V3: build a super powerful, minimalist core primitive, and let everything else be built on top!
Perennial is a peer-to-pool derivatives AMM designed from the ground up to be a DeFi-native primitive.
The protocol follows the philosophy of protocols like Uni V3: build a super powerful, minimalist core primitive, and let everything else be built on top!
/19 The seed round was led by Polychain with participation of Coinbase Ventures and other VCs.
Amount raised: $12,000,000
Amount raised: $12,000,000
/20 @Panoptic_xyz
Panoptic is an Ethereum-based perpetual, oracle-free options protocol.
The Panoptic protocol utilizes Uniswap v3 liquidity positions to handle the minting, trading, and market-making of perpetual put and call options available 24/7.
Panoptic is an Ethereum-based perpetual, oracle-free options protocol.
The Panoptic protocol utilizes Uniswap v3 liquidity positions to handle the minting, trading, and market-making of perpetual put and call options available 24/7.
/21 Coinbase Ventures & Uniswap Labs Ventures participated in the seed round with a few other VCs.
Amount raised: $4,500,000
Amount raised: $4,500,000
/22 @centrifuge
Centrifuge connects people to borrow and lend money transparently and cost-effectively by bringing the structured credit market on-chain, building a more transparent and limitless financial system.
Centrifuge connects people to borrow and lend money transparently and cost-effectively by bringing the structured credit market on-chain, building a more transparent and limitless financial system.
/23 Centrifuge, according to DefiLlama, is the RWA lending biggest protocol per TVL, along with Goldfinch.
$18,800,000 raised across all funding rounds with the participation of 15+ VCs.
$18,800,000 raised across all funding rounds with the participation of 15+ VCs.
/24 Tagging my favourite CT degen for you to follow:
@karl_0x
@crypthoem
@KRinweb3
@cyrilXBT
@rektdiomedes
@CryptoShiro_
@rektfencer
@I_am_patrimonio
@0xSalazar
@Slappjakke
@WinterSoldierxz
@DeFiMann
@KashKysh
@arndxt_xo
@defi_mochi
@LouisCooper_
@karl_0x
@crypthoem
@KRinweb3
@cyrilXBT
@rektdiomedes
@CryptoShiro_
@rektfencer
@I_am_patrimonio
@0xSalazar
@Slappjakke
@WinterSoldierxz
@DeFiMann
@KashKysh
@arndxt_xo
@defi_mochi
@LouisCooper_
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