Cypher raises $2.1M to build out expiratory futures protocol on Solana

2021-11-19 20:18

Cypher, an expiratory futures protocol built on Solana, today announced it has raised $2.1 million in a seed round co-led by Sino Global Capital, SkyVision Capital, and Blockwall Capital. With this new capital, the company will launch a protocol designed to offer synthetic derivatives products.

Cypher’s focus on futures-like products with a defined settlement date is an anomaly in the crypto world. The ability to express timeframe-driven views on the market and deploy established trading strategies appeals to both institutions and retail, hedgers, and speculators.

“We’re more than just a protocol – we’re a change agent making it possible for previously excluded parties to participate while simultaneously letting existing participants better define what they want to trade.”
– James, one of Cypher’s core contributors

To date, the protocol has announced partnerships with Sacra, Lagoon, GenesysGo, Switchboard, and Serum. The Serum DEX and Solana blockchain are integral to facilitating an interactive market and combine to make the fastest, most efficient way to trade assets on a decentralized protocol.

The Cypher platform will support portfolio margin, lending and borrowing, and friendly UI and UX design.

The post Cypher raises $2.1M to build out expiratory futures protocol on Solana appeared first on CryptoNinjas.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

First Bitcoin Capital (BITCF) на Currencies.ru

$ 0.01244 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.01244 - H: $0.01244
Капитализация $0 Rank 99999
Доступно / Всего 0 BITCF

capital protocol solana expiratory futures cypher new

Источник: cryptoninjas.net

capital protocol → Результатов: 126


Фото:

Pantera Capital возглавил инвестраунд DeFi-протокола Liquity Protocol на $6 млн

Лендинговая платформа Liquity Protocol привлекла $6 млн в раунде Серии A. Его возглавила Pantera Capital. https://twitter. com/LiquityProtocol/status/1376580352907608064 Участие в раунде также приняли Nima Capital, Alameda Research, Greenfield.

2021-3-30 10:33


Фото:

Zeitgeist Raises $1.5M From Private Investors to Further Build Prediction Markets on Polkadot and Kusama Ecosystems

Zeitgeist, an evolving blockchain ecosystem that is built for prediction markets and futarchy, has raised $1.5 million from private investors to further venture into the prediction market. According to the startup, the raised capital will also be used to accelerate the development of Zeitgeist protocol, and an ecosystem of the Web3 prediction market. Some of […]

2021-3-26 19:32


Decentralized derivatives trading protocol Vega closes $5M fundraise

CryptoNinjas » Decentralized derivatives trading protocol Vega closes $5M fundraise Vega, a decentralized derivatives trading protocol, today announced it has closed a $5 million raise with investment from Arrington Capital, Cumberland DRW, and Coinbase Ventures The rounds, led by Arrington Capital and Cumberland DRW, support Vega’s mission to democratize markets by enabling anyone to create and launch a derivatives market while tackling some of the […] CryptoNinjas » Decentralized derivatives trading protocol Vega closes $5M fundraise

2021-3-18 15:59


DEX Balancer Raises $5 Million Ahead of its V2 Launch Next Month

DeFi protocol, Balancer, has secured an investment of $5 million from Three Arrows Capital and DeFiance Capital, both of which will be key strategic partners in its expansion in Asia. The popular DEX also has Pantera Capital and Alameda Research as its investors, which directly purchased BAL tokens from the Balancer Labs treasury, bringing its […] The post DEX Balancer Raises Million Ahead of its V2 Launch Next Month first appeared on BitcoinExchangeGuide.

2021-2-11 18:26


Fenbushi Capital launches $15M+ investment fund for Filecoin and IPFS ecosystem

China-based blockchain investment firm Fenbushi Capital, today announced it has launched the Fenbushi Ecosystem Fund, a new investment fund designed to drive the continued growth of applications under development on the world’s largest decentralized storage network, Filecoin, and its underlying protocol, a peer-to-peer (p2p) file-sharing system, IPFS.

2021-1-11 19:31


DeFi-проект Aave привлек $25 млн на развитие институционального кредитования

Лендинговый протокол Aave привлек $25 млн инвестиций от Blockchain Capital, Standard Crypto, Blockchain. com и ряда других компаний. We are excited to announce that @blockchaincap @standardcrypto @blockchain ventures have invested into the future of the Aave Protocol and will be participating in protocol governance.

2020-10-13 20:24


Ethereum’s DeFi Prediction Market Protocol PlotX Raises 2.4M as it heads towards mainnet launch

PlotX is a non-custodial DeFi protocol that has been bestowed with the tag of “Uniswap of Prediction Markets” by the Ethereum community. With a seed round of $2. 4 million via venture capital funds like NGC Ventures, Brilliance Ventures, Origin Capital, and 3commas, PlotX is launching on the Ethereum main net with the first version of its automated market-making algo for predictions on crypto assets.

2020-9-30 11:44


Multicoin Capital возглавил раунд финансирования DeFi-проекта Perpetual Protocol на $1,8 млн

Команда DeFi-протокола Perpetual Protocol привлекла $1,8 млн в раунде финансирования, который возглавил инвестиционный фонд Multicoin Capital. В основе проекта – виртуальный алгоритм автоматического маркетмейкера (vAMM).

2020-8-26 16:15


DEX Aggregator 1inch Secures $2.8M Funding While its AMM Mooniswap Locks $5.5M

DEX aggregator 1inch has secured $2. 8 million in an external seed funding round led by Binance Labs. Other investors included Galaxy Digital, FTX, Dragonfly Capital, Greenfield One, Libertus Capital, IOSG, Divergence Ventures, and LAUNCHub Ventures along with Kyber Network founder Loi Luu and NEAR protocol founder Illia Polosukhin.

2020-8-13 20:43


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Polymarket survives post-election drop-off though volume falls 60%

Polymarket, the leading platform for prediction markets, exhibited groundbreaking activity across its markets over recent months. With the US presidential election, major sporting events, and significant crypto milestones as central topics, the data illustrates significant user drop-off after the election.

You Won’t Believe What Planet Mojo’s AI Agent Emma Can Do!

Explore the future of gaming with Emma, the intelligent AI companion who is revolutionizing the industry with her interactive gameplay and real-time decision-making. The post You Won’t Believe What Planet Mojo’s AI Agent Emma Can Do! appeared first on NFT News Today.

The Ultimate Guide to Earning with Web3 Crypto Games

Discover how blockchain gaming offers various earning opportunities, from investing in gaming startups to participating in play-to-earn games and trading NFTs. The post The Ultimate Guide to Earning with Web3 Crypto Games appeared first on NFT News Today.

Overtake Airdrop Explained: GameFest Launchpools and How to Earn $OVT

Overtake Airdrop: GameFest offers players 85 million $OVT in rewards through interactive tasks, launchpools, and unique gameplay experiences. Learn how to participate. The post Overtake Airdrop Explained: GameFest Launchpools and How to Earn $OVT appeared first on NFT News Today.