Wintermute

Euler is a non-custodial lending protocol built on Ethereum that allows users to lend and borrow a wide range of crypto assets without relying on a trusted third party. The platform offers a capital-efficient solution for earning interest on crypto holdings and provides mechanisms to hedge against market volatility. By utilizing reactive interest rates informed by control theory, Euler's system adapts in real-time to market conditions, enabling users to manage risk effectively. This innovative approach allows clients to engage with a diverse array of crypto assets while minimizing risk exposure.

GTE is a decentralized trading platform that offers end-to-end trading services.

The new playbook for financial freedom.

Stork Network provides decentralized data solutions for decentralized protocols.

Router Protocol is a Singapore-based company established in 2020 that focuses on developing bridging infrastructure to facilitate contract-level data flow across multiple blockchains. The company aims to enable seamless asset-level data transfer, enhancing cross-chain liquidity. Its infrastructure provides secure and efficient communication between blockchain networks while promoting decentralization to improve security and scalability. Additionally, Router Protocol offers a modular framework for building cross-chain decentralized applications (dApps) in the web3 environment, catering to the growing demand for interoperability in the blockchain space.

Centrifuge, established in 2017, is a technology company that develops a decentralized blockchain-based platform. This platform connects the global financial supply chain, enabling secure and private peer-to-peer exchange of financial documents. It allows businesses to transact while retaining ownership of their data, including company details and transaction history. Centrifuge is headquartered in San Francisco, with an additional office in Berlin.

MONAD is a proof-of-stake (PoS) blockchain and decentralized computation platform that combines the best of performance and portability.

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.

Ithaca Finance operates a cross-chain derivatives trading and settlement protocol that combines an on-chain settlement layer with an off-chain matching engine. The platform focuses on decentralized trading and leverages blockchain technology to break down option payoffs into fundamental smart contract-based components. This approach facilitates atomic order matching, which allows investors to enhance their potential returns on investments. Through these innovative features, Ithaca Finance aims to streamline the derivatives trading process while providing a robust framework for market participants.

WOO Network is a trading platform provider focused on delivering above-average liquidity for spot and futures trading while offering zero or negative trading fees. Its innovative platform connects traders, exchanges, institutions, and decentralized finance (DeFi) platforms, facilitating democratized access to liquidity and efficient trading execution. By emphasizing user-friendly access to high-quality market liquidity at minimal costs, WOO Network aims to enhance the trading experience for a diverse range of participants in the financial ecosystem.

Ethena provides derivative infrastructure in order to transform Ethereum into the first crypto-native yield bearing stablecoin.

DFlow is a payment-for-order-flow marketplace that provides transparent and market-driven price discovery for order flow. They provide a decentralized market platform to ensure the most optimal execution environment for consumers. The market-driven approach to PFOF used by DFlow allows the public to see live market prices for token pairs.

Econia Labs is a decentralized finance (DeFi) protocol built on the Aptos blockchain, focused on creating a back-end infrastructure for financial applications. It has developed an on-chain order book that facilitates equitable access to global markets while promoting composability among various decentralized applications. By providing a foundational settlement layer, Econia enables developers and market makers to utilize a shared trading venue, allowing participation from diverse sectors of the ecosystem. This approach aims to enhance accessibility and efficiency within the DeFi landscape.

Texture is a Solana-based decentralized finance (DeFi) platform focused on facilitating access to sustainable DeFi yields. It employs a specific yield management strategy known as the SOL Power Yield Strategy, which aims to enhance profitability for investors in the DeFi space. Additionally, Texture has developed an NFT borrowing platform that enables users to leverage their non-fungible tokens (NFTs) as collateral. This platform allows clients to connect their wallets and engage in lending and borrowing activities, thereby generating income from their NFT holdings. Ultimately, Texture seeks to attract new users to the cryptocurrency ecosystem while contributing to the growth of the Solana network.

Zerion Inc. is a blockchain software company based in San Francisco, California, founded in 2015. It specializes in decentralized finance (DeFi), providing a platform that allows users to invest, earn interest, and borrow cryptocurrency assets. Zerion's primary offering is an investment app that aggregates data from major decentralized exchanges, enabling users to manage their digital assets from a single interface. The platform features real-time asset tracking with live price updates and instant notifications. Additionally, Zerion emphasizes a non-custodial approach, meaning users retain control of their funds and do not have to delegate them to the platform, thereby mitigating centralization risks. The company also offers CryptoTrader, an application designed to track the cryptocurrency market through charts, news, and alerts, further enhancing user engagement in the evolving financial landscape.

Nomad is a novel approach to blockchain interoperability that leverages an optimistic mechanism to increase the security of cross-chain communication.

Hashflow is a decentralized exchange (DEX) aggregator that allows users to trade digital assets seamlessly across various leading blockchains, including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana. Utilizing an intent-based smart order routing system, Hashflow provides traders with optimal prices and access to over $8 billion in liquidity, facilitating trades of any token in a matter of seconds. Since its launch in April 2021, the platform has achieved more than $18 billion in total trade volume. The Hashflow team comprises seasoned professionals from diverse backgrounds, including technology, finance, and entertainment sectors. The company is supported by notable investors and venture capital firms, enhancing its position within the blockchain ecosystem. Hashflow aims to blend centralized order matching with decentralized custody and settlement solutions, offering users a hybrid trading experience that emphasizes non-custodial options.

Thalex is a cryptocurrency-native derivatives trading platform that focuses on options and futures trading. Established in 2020 and headquartered in Mahé, Seychelles, Thalex aims to provide a stable and innovative environment for traders seeking to leverage the opportunities in digital assets. The platform features multi-collateral support and offers fee advantages for multi-leg options and futures strategies. Additionally, Thalex enhances trading efficiency and risk management through strategic partnerships with liquidity providers and major exchanges, ensuring that collaterals are securely held with partner exchanges.

MYSO Finance provides fully customizable on-chain covered calls and bespoke DeFi loans.

Push Protocol is a decentralized communication platform designed for the web3 ecosystem, enabling users to receive notifications related to both on-chain and off-chain activities. The protocol facilitates notifications from various decentralized applications (dApps), smart contracts, and backend services, all linked to users' wallet addresses. This allows for a flexible and open communication network where notifications can be triggered by diverse on-chain or off-chain logic. Push Protocol operates in a gasless, multichain, and platform-agnostic manner, ensuring that any crypto wallet or infrastructure service can display these notifications to users. By leveraging this system, users can engage with notifications and potentially earn cryptocurrency rewards through their interactions.

Struct Finance is a developer of a decentralized finance (DeFi) protocol that provides tools and infrastructure for creating on-chain structured financial products. The platform allows users to customize interest rate instruments and combine them with various options available within the ecosystem. By enabling the construction of superior financial instruments, Struct Finance aims to enhance users' access to structured products across multiple blockchain networks, thereby maximizing returns while minimizing risk and associated costs.

Optimism is a decentralized infrastructure platform focused on enhancing Ethereum's scalability and transaction speed. Founded in 2019 and headquartered in New York, the company operates as a public benefit corporation, balancing the financial interests of shareholders with the broader needs of the community and society. Optimism develops open-source software that enables developers to build on the Ethereum blockchain more efficiently, utilizing zero-knowledge proofs to ensure the validity of state updates. By promoting fair access to public goods on the internet, Optimism aims to create a responsible and sustainable ecosystem that benefits both businesses and the wider community.

Polymer Labs is building the fabric of web3. We're working on an IBC based multi-cluster routing/roll-up protocol providing E2E IBC connectivity across ecosystems.

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.

BCB Group is a prominent provider of banking solutions tailored for the digital asset economy. The company offers a comprehensive range of services including payment accounts, foreign exchange trading, cryptocurrency trading, custody, compliance, and trade execution. BCB Group serves various clients within the cryptocurrency industry, including major exchanges and institutional players, facilitating efficient transactions in multiple fiat currencies and digital assets. Founded in the UK, the firm has established itself as one of the first multi-jurisdictional regulated cryptocurrency service providers, leveraging strong relationships across global financial services. Its leadership team comprises seasoned professionals with extensive experience in finance and technology from reputable institutions. By addressing the operational challenges faced by cryptocurrency and blockchain organizations, BCB Group aims to enhance infrastructure and support the growth of the global crypto industry.

Beyond Protocol, Inc. is a technology company based in San Francisco that focuses on developing a blockchain-based protocol for the Internet of Things (IoT). The company provides a secure, decentralized solution for communication between devices, leveraging unique hardware signatures and private side chains to facilitate low-cost, efficient transactions. Beyond Protocol's platform allows devices to interact seamlessly, functioning as a unified technological ecosystem. It also incorporates cryptocurrency and fiat-based payment gateways, enabling automated transactions and enhancing device security. By creating this infrastructure, Beyond Protocol aims to deliver practical solutions for the evolving landscape of IoT, ensuring secure communication and transaction history for business clients.

Voltz Labs is a decentralized finance (DeFi) platform founded in 2021 and based in Road Town, D8. The company specializes in leveraged interest rate swaps, offering a non-custodial automated market maker that facilitates these trades. Its platform utilizes concentrated liquidity to enhance price discovery and operates a margin engine for managing underlying assets. This structure allows users to efficiently create and trade fixed and variable interest rates, thereby providing a capital-efficient mechanism within the DeFi space.

Router Protocol is a Singapore-based company established in 2020 that focuses on developing bridging infrastructure to facilitate contract-level data flow across multiple blockchains. The company aims to enable seamless asset-level data transfer, enhancing cross-chain liquidity. Its infrastructure provides secure and efficient communication between blockchain networks while promoting decentralization to improve security and scalability. Additionally, Router Protocol offers a modular framework for building cross-chain decentralized applications (dApps) in the web3 environment, catering to the growing demand for interoperability in the blockchain space.

Zeta Markets is a decentralized finance (DeFi) derivatives platform that facilitates liquid derivatives trading for both individual and institutional investors. The platform allows users to hedge, speculate, and take positions on a wide array of market movements through its under-collateralized derivatives offerings. Utilizing Solana's efficient and censorship-resistant infrastructure, Zeta Markets provides quick pricing updates, enables swift trade executions, and allows for position settlements in under a second, all with minimal transaction costs. By focusing on simplifying the derivatives trading experience, Zeta Markets aims to create a user-friendly ecosystem that caters to diverse trading needs.

1inch Limited is the prevalent contributor to 1inch Network. It develops the software, supports it, develops new features for 1inch Network. 1inch Limited works on supporting and improving the Pathfinder – the basis of the Aggregation Protocol and 1inch Network – as a software development company. The API to the Pathfinder is licensed and sold to external parties for commercial purposes under the API License Agreements. 1inch Limited is located at 2nd Floor Ellen L. Skelton Building, Fishers Ln, Road Town VG1110, British Virgin Islands. 1inch Limited also provides the PMM Integration Services, namely the services of integration of the third-party’s API to provide access to the third-party liquidity so that it is discoverable by Pathfinder. 1inch Wallet is a mobile app available in various application stores. Front-end and back-end of the app are developed and run by 1inch Limited.

NFTFi operates a peer-to-peer lending platform that allows NFT holders to leverage their digital assets as collateral for loans. By using NFTs, users can borrow cryptocurrency from lenders, providing liquidity without the need to sell their valuable assets. When a loan is accepted, the NFT is placed in a secure escrow smart contract, and the borrower receives the agreed-upon cryptocurrency directly in their wallet. This model draws on traditional practices from the art world, where collateralized loans are commonly offered by banks and auction houses to artists based on the value of their artworks. NFTFi thus creates a marketplace that facilitates financial transactions for NFT owners, enhancing the utility of their digital assets.

Neon Labs builds innovative blockchain products.

Matter Labs is a blockchain technology company founded in 2018, with its headquarters in Berlin, Germany, and an additional presence in George Town, Cayman Islands. The company focuses on scaling Ethereum through the implementation of zero-knowledge proofs, which facilitate secure interactions between untrusted parties on the network. Matter Labs aims to enhance public blockchain adoption by providing solutions that improve scalability and privacy. Its technology allows decentralized applications to operate more efficiently while ensuring verifiable computation, enabling parties to prove integrity without compromising privacy. The company's mission is driven by a commitment to creating an open and free alternative to existing financial systems.

Synchrony is an asset management protocol built on the Solana blockchain, focusing on on-chain copy-trading. The platform leverages advanced analytics and machine learning algorithms to assess and enhance various on-chain instruments. By providing single-click solutions for diversified exposure to different ecosystem primitives, Synchrony enables crypto traders to optimize their strategies and maximize profits. Its features include copy-trading and composable indices, making it a comprehensive tool for those looking to navigate the complexities of the cryptocurrency market.

Futureswap is a decentralized futures exchange platform that leverages blockchain technology to facilitate non-custodial trading. Based in San Francisco, California, the company specializes in automated market making (AMM) algorithms, enabling users to buy and sell cryptocurrency futures contracts efficiently. By providing a decentralized environment, Futureswap aims to enhance trading flexibility and security for its users.

Clearpool is a decentralized capital markets ecosystem, where institutional borrowers can create single borrower liquidity pools and compete for uncollateralized liquidity directly from the DeFi ecosystem. Liquidity providers on Clearpool can earn attractive yields, with pool interest rates enhanced by additional LP rewards paid in $CPOOL — Clearpool’s utility and governance token. Clearpool LP tokens, called cpTokens, are the building blocks for a system of tokenized credit that will provide Clearpool LPs with risk management and hedging capabilities. As more institutions realize the benefits that decentralized finance can bring to their organizations, Clearpool is providing the new architecture to facilitate flows between the $120 trillion traditional capital markets and the burgeoning DeFi ecosystem. Clearpool is backed by a long list of top investors from both traditional venture capital and blockchain, including Sequoia Capital India, Arrington Capital, Sino Global Capital, Hex Trust, Huobi Ventures, Kenetic, HashKey, GBV and many more.

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.

BloXroute Labs, Inc. is a company that offers a blockchain scalability solution designed to enhance the performance of cryptocurrencies and blockchains without requiring protocol changes. Established in 2018 and based in Evanston, Illinois, the company operates a blockchain distribution network that allows for the processing of thousands of transactions per second on-chain. Its platform leverages a global network of servers optimized for network performance through techniques such as compression and encryption. This infrastructure facilitates the rapid propagation of transactions and blocks, thereby improving data efficiency and increasing overall transaction throughput. BloXroute's approach is designed to maintain consensus across all nodes, ensuring it remains provably neutral and applicable to any blockchain.

Zerion Inc. is a blockchain software company based in San Francisco, California, founded in 2015. It specializes in decentralized finance (DeFi), providing a platform that allows users to invest, earn interest, and borrow cryptocurrency assets. Zerion's primary offering is an investment app that aggregates data from major decentralized exchanges, enabling users to manage their digital assets from a single interface. The platform features real-time asset tracking with live price updates and instant notifications. Additionally, Zerion emphasizes a non-custodial approach, meaning users retain control of their funds and do not have to delegate them to the platform, thereby mitigating centralization risks. The company also offers CryptoTrader, an application designed to track the cryptocurrency market through charts, news, and alerts, further enhancing user engagement in the evolving financial landscape.

The Index Coop is a decentralized autonomous organization (DAO) and the largest provider of on-chain structured decentralized finance (DeFi) products. We’re on a mission to make DeFi simple, secure and accessible to everyone. Index Coop builds sector index products, leverage and inverse products, and yield-generating products, all built on Set Protocol’s twice-audited V2 infrastructure.

Mangrove DAO operates as a decentralized exchange that facilitates the posting of arbitrary smart contracts as offers. Its platform leverages decentralized finance protocols to provide the underlying infrastructure for trading activities. Users can engage in sharing, borrowing, lending, and displaying offers within an order book system, allowing for a dynamic trading environment. This structure not only enhances liquidity but also empowers users to create and manage their own unique trading offers.

dYdX is a decentralized exchange that provides traders with a secure and efficient platform for various financial activities. Established in 2017 by Antonio Juliano, a former engineer at Coinbase and Uber, dYdX operates on audited smart contracts on Ethereum, ensuring transparency and security without relying on a central authority. The platform offers a range of trading options, including perpetual, margin, and spot trading, along with borrowing and lending pools. Users can earn interest on deposits or take loans at nominal fees, enabling them to trade on margin with customized leverage. dYdX aims to create an open financial system, granting users access to vital financial tools while facilitating fully collateralized loans for short-selling.

Flare is a powerful new blockchain with the first consensus protocol for external data. Decentralized applications on Flare can therefore trustlessly acquire and use information from other blockchains and real world data sources, solving the oracle problem and opening the door to a new era of utility. > Fast, decentralized and fully-insured bridges can connect smart contract chains multilaterally, unifying rather than fragmenting liquidity. > Non-smart contract assets such as BTC, XRP and DOGE can be brought on to Flare, and put to work earning yield in DeFi. > Full cross-chain composability enables decentralized applications to use the value, liquidity and information of multiple blockchains via a single deployment on Flare. > Seamless decentralized integration with Web2 data powers trustless use of real world data sources in Web3 dapps.

Bitpanda GmbH is a digital assets platform based in Vienna, Austria, founded in 2014. The company facilitates the buying and selling of cryptocurrencies, fractional stocks, and precious metals, aiming to simplify access to financial markets for users. Its platform offers features such as low fees, 24/7 trading, real-time settlement, and various payment options, allowing users to manage their investments conveniently. Bitpanda also provides a debit card that enables users to spend their investments like cash, further enhancing the accessibility and usability of digital assets.

Hashflow is a decentralized exchange (DEX) aggregator that allows users to trade digital assets seamlessly across various leading blockchains, including Ethereum, Arbitrum, Avalanche, BNB Chain, Optimism, Polygon, and Solana. Utilizing an intent-based smart order routing system, Hashflow provides traders with optimal prices and access to over $8 billion in liquidity, facilitating trades of any token in a matter of seconds. Since its launch in April 2021, the platform has achieved more than $18 billion in total trade volume. The Hashflow team comprises seasoned professionals from diverse backgrounds, including technology, finance, and entertainment sectors. The company is supported by notable investors and venture capital firms, enhancing its position within the blockchain ecosystem. Hashflow aims to blend centralized order matching with decentralized custody and settlement solutions, offering users a hybrid trading experience that emphasizes non-custodial options.

Optimism is a decentralized infrastructure platform focused on enhancing Ethereum's scalability and transaction speed. Founded in 2019 and headquartered in New York, the company operates as a public benefit corporation, balancing the financial interests of shareholders with the broader needs of the community and society. Optimism develops open-source software that enables developers to build on the Ethereum blockchain more efficiently, utilizing zero-knowledge proofs to ensure the validity of state updates. By promoting fair access to public goods on the internet, Optimism aims to create a responsible and sustainable ecosystem that benefits both businesses and the wider community.

dYdX is a decentralized exchange that provides traders with a secure and efficient platform for various financial activities. Established in 2017 by Antonio Juliano, a former engineer at Coinbase and Uber, dYdX operates on audited smart contracts on Ethereum, ensuring transparency and security without relying on a central authority. The platform offers a range of trading options, including perpetual, margin, and spot trading, along with borrowing and lending pools. Users can earn interest on deposits or take loans at nominal fees, enabling them to trade on margin with customized leverage. dYdX aims to create an open financial system, granting users access to vital financial tools while facilitating fully collateralized loans for short-selling.