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2023 April 4th

1️⃣ Veta Finance​

DeFi + Structure Products + Margin + Paid Interest First

A margin autocallable & option team who build one of the most advanced COSIS & RQF system risk pricing system in the APAC. Details as followed:

  1. Founder worked in China Securities Regulatory Commission, Shanghai Stock Exchange, Deutsche Börse, HSBC (France) Asset and Liability Management Department, Canadian Imperial Bank of Commerce; participated in the design and development of Chinese 50,300 option products, and has rich experience in index and derivative research
  2. Founder annual salary is $600,000, with over $10B AUM in traditional market(partnering WT Asset Management), and $50M AUM in cryptocurrency using his private products(friends and family)
  3. His product manages funds trading via Binance APIs(self-custody)
  4. Looking to build margin options(similar to perpetual) on-chain, and permissionless service agreements.

2️⃣ Gravity​

CLOB + Derivatives + StarkEX + One-stop Colleteral

a Cefi/Defi hybrid options exchange built on Starkex, taking the benefits from Cefi with KYC/AML and the trustless and privacy benefits of Defi through their chosen L2. Their investors for their pre-seed round are Starknet, 500 Startups, Folius Ventures and Kronos. Although Starknet is involved, they do not have a fixed mandate to solely build there, but actually are encouraged to build cross chain.

Gravity Markets is a regulated self-custody derivatives trading platform designed to eliminate counterparty risk and offer efficient trading. With features such as KYC, self-custody, privacy-enabled trading, and high transaction throughput (up to 10,000 TPS settled on-chain), it offers RFQ as well as CLOB for options + futures + perpetuals.

  • Funding:
    • Pre-seed(completed): 1M@28M, investors are Folius Capital, Kronnos, 500 Startsup
    • Seed: 3.5M@35-38M, investors are QCP Capital, Starkware, Matrixpartner
  • Round: SAFT+Dividend

3️⃣ SuperFluid​

Stream DeFi + Wrapper xToken + Ecosystem + StarkNet

Stream payment ecosystem, Certora onboard, Right now, over 57’000 active streams are settled and netted every second.57’000 recurring micro-transfers requiring no transactions, gas costs, or overhead.

CTO: Miao, Zhicheng, drafting yellowpaper, ex-Microsoft Customer: Games, such as PlanetIX

  • Roadmap: Lauching superToken 2023, upgrade to V2, ecosystem onboard, Cross-chain StarkNet
  • Funding

4️⃣ Aqueduct​

TWAMM + Superfluid + Stream DeFi

a TWAMM built on Superfluid, enable streaming swap, such as payroll, subscribtion, games PlanetIX, Working directly with superfluid, advisor at Uniswap/Superfluid; serving coinshift(DAO contribute to stream payment).

Deploy stream swap/payment in 3 lines of codes.

Team: Drop-out classmates from NC state Key Takaways: Hard to quote impairment loss(working on...)

  • Roadmap: Token plan in 1-2yrs

  • Funding

  • Round: SAFT 1:1 token

5️⃣ Copra​

Spend Future Money + on-chain Credit + SuperFluid + Semi-NFT

A semi-NF protocols to allow streamming payment on Superfluid redeemable upfront before the term, founders solid in GS for 2yrs, back in to Southeast Asia for lending/derivatives market. Better than Huma Finance because of Web3 trading

Team:

CEO: Brian Limiardi

CTO: Dimitri Sastropranoto

  • Roadmap: Q1 2023 Launch after xToken V2 available on Superfluid, on Polygon

  • Funding

    • Seed in 1st tranch: 1M@12M(Lead commit), investor signed are East Venture, Insignia, Saison, Pintu, Block Odyssey.
    • Seed in 2nd tranch: 1M@unknown valuation, in total of 2M

  • Round: SAFE+dividends, no token plan yet