| Doppler Finance | Aug 7, 2025 | $3m | Seed | DeFi | First XRPfi protocol on XRPL | Reforge | | | DCG, Maven 11, HashKey Capital, Titan Fund, GSR, KeyRock, Tenity, Crit Ventures, Cluster Capital, Flowdesk, Auros Global, G-20 Group |
| Mavryk Network | Feb 25, 2025 | $5.2m | | L1 | a Layer 1 blockchain platform designed to integrate real-world assets (RWAs) with decentralized finance (DeFi), offering a scalable, secure, and business-oriented ecosystem for tokenization and mainstream adoption | | | | Ghaf Capital Partners, Big Brain Holdings, Cluster Capital, Metavest Capital, Collective Ventures |
| Kernel DAO | Nov 25, 2024 | $1m | Strategic | Liquid Restaking Protocol | Decentralised Security to Supercharge and Blitzscale BNB | | | | Binance Labs, SCB Limited, Bankless Ventures, Liquid Digital, Hypershere, Cypher Capital, Draper Dragon, DACM, ArkStream Capital, HTX Ventures, GSR Markets, Cluster Capital, Longhash Ventures, ViaBTC Capital, Side Door Ventures, NOIA Capital, DWF Labs, Avid3 |
| Kelp DAO | May 22, 2024 | $9m | Private | Liquid Restaking Protocol | Liquid Restaking Protocol | SCB Limited, Laser Digital | | | Bankless Ventures, Hypersphere Ventures, Draper Dragon, DACM, Cypher Capital, ArkStream Capital, Cluster Capital, GSR, Longhash Ventures, Side Door Ventures, NOIA Capital, HTX Ventures, Avid3, ViaBTC Capital, DWF Ventures, Coinseeker.co, Tulipa Capital, Scott Moore, Alex Karl Svanevik, Sam Kazemian, Marc Zeller, Amrit Kumar, Anthony Lesoismein, Winslow Strong |
| Gasp | Apr 3, 2024 | $5m | Seed | DEX | cross-chain swap protocol | | $80m | | Polychain Capital, CMS Holdings, Master Ventures, Token Metrics, Cluster Capital |
| Babylon | Dec 7, 2023 | $18m | | Liquid Staking Protocol | Bitcoin Staking Protocol | Polychain Capital, Hack VC | | | Framework Ventures, Polygon Ventures, Castle Island Ventures, OKX Ventures, Finality Capital Partners, Breyer Capital, Symbolic Capital Partners, IOSG Ventures, Cluster Capital, Primitive Ventures, L2IV, Geek Cartel, Chainfund Capital, web3.com, ABCDE, Evan Cheng, Deian Stefan, Yaoqi Jia |
| Euler | Aug 25, 2021 | $8m | Series A | DeFi | Euler is a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets. | | $50m | | Anthony Sassano, Cluster Capital, CMT Digital, Danilo S. Carlucci, David Hoffmann, Divergence Ventures, DOUBLE TOP, Hasu Fl, Josh Buckley, Kain Warwick, LAUNCHub Ventures, Lemniscap, Luke Youngblood, Manu Andorra, Paradigm, Ric Burton, Ryan Sean Adams, Supriyo |
| Decentral Games | Jun 18, 2021 | $5m | Series A | Gaming | | | | | Collab+Currency, Metaverse Ventures, GBV, Bitscale Capital, Cluster Capital, ID Theory, AU21 Capital |
| Composable Finance | Jun 1, 2021 | $7m | Seed | DeFi | Composable Finance is building the interoperable infrastructure for modular DeFi. | | | | 4SV, Advanced Blockchain, Alameda Research, Blockchain Capital, Cluster Capital, CMS Holdings, Digital Finance Group, Divergence Ventures, dlab, Hypersphere Ventures, LedgerPrime, Longhash Ventures, Maven 11, New Form Capital, Pnyx Ventures, Rarestone Capital, SOSV, The Spartan Group |
| Babylon Finance | Mar 4, 2021 | $1.9m | Seed | DeFi | Indexes | | $10m | | Semantic Ventures, Joseph Young, DeFi Alliance, Harvest Finance, Meltem Demirors, Fomosaurus, Dialectic, Nick Chong, Tom Shaughnessy, Ryan Nixon, CoinList, Maple Leaf Capital, Luis Cuende, Konstantine Lomashuk, AngelDAO, Cluster Capital, Darren Lau |
| Maple Finance | Dec 21, 2020 | $1.3m | Seed | DeFi | Maple Finance is a capital-efficient corporate debt marketplace. | | | | Alameda Research, Bitscale Capital, Cluster Capital, FBG Capital, Framework Ventures, Kain Warwick, One Block Capital, Stani Kulechov, The Lao |
