| Narwhal Finance | May 22, 2023 | | Strategic | | decentralized cross-market perpetual trading platform | Animoca Ventures | $25m | | Hailstone Ventures |
| Narwhal Finance | Mar 24, 2023 | $1m | Seed | | decentralized cross-market perpetual trading platform | Animoca Ventures | | | Hailstone Ventures |
| Panoptic | Dec 5, 2022 | $4.5m | Seed | DeFi | decentralized protocol for perpetual options | gumi Cryptos Capital | | | Uniswap Labs Ventures, Coinbase Ventures, Jane Street, Blizzard Fund, Hailstone Ventures, MH Ventures |
| Volare Finance | Aug 6, 2022 | $6m | Private | | Options | | | | Arrington XRP Capital, Bixin Ventures, Blizzard Fund, CRT Labs, DWeb3 Capital, Exnetwork Capital, GSR Markets, Hailstone Ventures, Huobi Ventures, IOBC Capital, Moonrock Capital, ORACLES INVESTMENT GROUP, PrimeBlock Ventures, Parataxis Capital, Richard Dai, ViaBTC Capital, Waterdrip Capital |
| Platypus | Dec 2, 2021 | $3.3m | Seed | DeFi | Stableswap | Three Arrows Capital, DeFiance Capital | | | 0x Ventures, Avalanche Labs, Avalaunch, Benqi Finance, CMS Holdings, Colony, Genesis Global Trading, Hailstone Ventures, KeyChain Capital, Mechanism Capital, MC Ventures, TPS Capital, Valhalla Capital, Yield Yak |