Following "smart money", take stock of 10 potential projects recently invested by venture capital

Original author: MooMs, encrypted KOL

Original compilation: Felix, PANews

Stop wasting time researching and follow the “smart money”. This article is about the 10 most potential projects recently invested by venture capital institutions.

Alkimya

Alkimiya is a decentralized protocol dedicated to the block consensus capital market, enabling consensus producers (such as PoW miners, pledge validators) to create financial contracts backed by underlying “consensus resources” (such as computing power).

Alkimiya completed $7.2 million in financing in November last year, led by 1kx and Castle Island Ventures, with participation from Dragonfly, Circle Ventures and Coinbase Ventures. The funds will be mainly used to expand its team as it prepares to launch a full , including the Vault product and the ETH staking contract on the Ethereum mainnet.

Maverick Protocol

Maverick pioneered a dynamically distributed AMM that automates liquidity pooling and targeted betting, improving capital efficiency and market liquidity.

On June 12th, Maverick Protocol raised $9 million in strategic round funding. The round was led by Peter Thiel’s Founders Fund, with participation from Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto. Maverick has also launched a liquidity incentive tool ‘Boosted Positions (BP)’.

TapiocaDAO

Tapioca is the first full-chain money market utilizing LayerZero technology. Users will be able to lend and borrow assets on all chains. Additionally, users can mint USDO, a stablecoin issued by the protocol.

On June 18th, TapiocaDAO announced the completion of a $6 million seed round of financing, Fisher 8 Capital, LayerZero Labs, PARC Capital, Jones DAO, Dewhales Capital, Magnus Capital, Capybara Capital and individual investors Zoomer Oracle, Squirrel (Arrakis Finance), DCF GOD, redphone, vf.at, Captain Rational, hedgedhog, etc. participated in the investment.

Renegade

Renegade is an on-chain dark pool DEX that provides users with complete transaction privacy, preventing third parties from tracking and copying the trading strategies of larger entities.

On February 20th, Renegade, a start-up company that uses ZK dark pool (dark pool) technology to build a new decentralized exchange, completed a $3.4 million seed round of financing, led by Dragonfly Capital and former AngelList CEO Naval Ravikant, Balaji Srinivasan and Lily Liu, Tarun Chitra from Robot Ventures, Marc Bhargava from Tagomi and Lev Livnev from Symbolic Capital Partners also participated.

Synthetix

Synthetix is a decentralized liquidity supply protocol that can issue synthetic assets pledged by stakers through SNX tokens.

Amount raised: $41.3 million

Hourglass

Hourglass aims to provide additional rewards to users who are willing to lock assets in smart contracts for a certain period of time. It released the first-ever time-bound token (TBT) market, through TBT, the market allows users to obtain liquidity of locked assets by selling the right to the time period.

On May 17, Hourglass, a time-bound token infrastructure company, announced the completion of a $4.2 million seed round of financing, led by Electric Capital, with participation from Coinbase Ventures, Circle Ventures, Tribe Capital, and Hack VC.

Rocket Pool

Rocket Pool is the first truly decentralized Ethereum staking pool launched (TVL: $1.8 billion).

In February, the project closed a funding round in which Coinbase participated. The amount and details of the round were not disclosed.

Related reading: Why is Rocket Pool important to the Ethereum ecosystem?

Catalyst

Catalyst, built by the Cata Labs team, is an open source modular blockchain liquidity protocol. Any new modular blockchain can automatically connect liquidity and exchange with any chain, including Ethereum and Cosmos, etc. Founder @0x jim is the initiator of PleasrDAO.

Funding amount: $4.2 million. Spartan Group led the round, with Robot Ventures, Maven 11, Polygon Ventures, Alchemy Ventures, Hashkey, Circle Ventures, Superscrypt and others participating.

OwnLayer

EigenLayer introduces rehypothecation, a new concept in cryptoeconomic security. Users can choose to join EigenLayer to re-stake their ETH or LST and get additional rewards.

Amount raised: $64.5 million

GammaSwap

GammaSwap is a decentralized perpetual exchange that enables users to trade any token and volatility with leverage, including hedging against impermanent losses.

Funding Amount: $1.7 million

The following projects are more interesting, but riskier.

Smilee Finance

Similar to GammaSwap, it allows users to trade volatility through derivatives contracts. Both projects have already released their mainnets, but the author believes that GammaSwap is a bit ahead of its time and therefore riskier.

Funding amount: $2 million

Tribe 3 & nfex_official

Both projects allow users to trade NFT in the form of perpetual contracts, which is innovative. But other projects are building platforms where multiple classes of assets can be traded. However, there is a good chance that these two platforms will capture some market share before other protocols are released.

NFEX: The financing amount is US$3 million, led by ABCDE Capital, with participation from Amber Group and Firestone Ventures.

Tribe 3: The financing amount is 2.1 million US dollars. The participating investors include Spartan Capital, Newman Capital, Infinity Ventures Crypto, Modular Capital, Cogient Ventures, Blockbuilders, Founderheads, Lapin Digital, Blockhype, etc.