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10 noteworthy DeFi projects, backed by Coinbase Ventures

Leo

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"Projects backed by big companies are usually promising."

Original author:MooMs, encryption researcher

Leo, BlockBeats

One of the important criteria to judge the prospect of a project is the background and strength of its investors. The following is "10 DeFi projects invested by Coinbase" written by encryption researcher MooMs. BlockBeats compiled and compiled as follows:

Affine DeFi

Affine is the industry's first cross-chain investment and storage platform that allows users to invest in multiple assets at the same time through Basket, a dynamically balanced vault that provides exposure to one or more investment strategies, giving users a flexible diversified portfolio, and its investor strategies can be divided into two categories: yield-bearing and direct exposure. Affine raised $5.1 million in a seed round with participation from Coinbase Ventures, Shima Capital, Jump Capital, Spartan Group, Circle Ventures and other venture capital firms.

Term Labs

Term Finance is the first of its kind, a decentralised unescrowed loan agreement that allows fixed-rate borrowing and weekly auctions to determine a single market clearing rate that is fair and transparent to both parties. Term Finance raised a $2.5 million seed round from Coinbase Ventures and Circle Ventures, among other venture capital firms.

Mauve

Mauve is an AMM DEX preconfigured and fully compliant with KYC. It will be built on an unmanaged architecture hosted by a rigorously audited and time-tested smart contract, giving users full control of their money and LP income from a liquid pool of funds. Mauve raised $15 million from Coinbase Ventures and other venture capital firms.

For more information, see"Mauve: Compliance DEX for Coinbase investments"

Rocket Pool

Rocket Pool, a decentralized LSD agreement and TVL's second largest decentralized pledge agreement after Lido, currently has over $1.1 billion in TVLS and is expected to grow after the Shanghai upgrade. The investment, for an undisclosed amount, is being invested directly by Coinbase Ventures, which will invest directly in token RPL in addition to the proposed entry into the DAO.

For more information:"Staking in an overall comparison between Lido and Rocket Pool. Who is better staking?"

Alongside

Alongside, a Crypto Index platform, its first product Alongside Crypto Market Index, AMKT, is a centralized package of 25 assets, weighted by market cap, designed to provide broad access to the entire crypto market through a single token, Its assets are hosted by Coinbase. Alongside a $11 million round of funding led by a16z, Coinbase Ventures and other venture capital firms.

For more information:"Read a16z led the encryption index Alongside the rising star"

Architect

Architect is a trading infrastructure that provides innovative technology solutions for trading across global financial markets, whether derivatives or digital assets. Architect is designed for institutions and large traders seeking safe, robust and customizable trading tools. The platform is optimized for ultra-low latency. Including standardized risk, compliance, market data, and development tools. Architect raised $5 million in funding led by Coinbase Ventures and Circle Ventures, along with other venture capital firms.

Alkimiya

Alkimiya is an unlicensed open source protocol for capital market consensus that enables consensus producers (e.g., PoW miners, pledge validators) to create financial contracts backed by underlying "consensus resources" (e.g., hashing power). Alkimiya raised $7.2 million, led by 1kx, with funding from Coinbase Ventures, DragonFly Capital and other VCS.

Perennial

Perennial is a DeFi derivatives agreement, which is similar to Uni V3 in that it allows the creation of two-sided markets to trade exposure to underlying price flows in a capital efficient manner. Perennial raised $12 million in a seed round led by Polychain, with participation from Coinbase Ventures and other venture capital firms.

Panoptic

Panoptic is an option DeFi agreement based on Uniswap that utilizes Uniswap v3 liquidity positions to mint, trade, and make markets in all-weather available options. Panoptic raised $4.5 million in a seed round from Coinbase Ventures, Uniswap Labs Ventures and several other venture capital firms.

For more information:"Panoptic: Top institutions bullish, new options market based on Uniswap"

Centrifuge

Centrifuge is a decentralized exchange platform for a global financial supply chain, aiming at letting enterprises exchange their own data, including information about their reputations and business partners. According to DefiLlama, Centrifuge and Goldfinch are the largest RWA lending agreement in TVL. After Centrifuge, Coinbase and over 15 other venture capital firms have Centrifuge's total financing amount of $18.8 million.

For more information:"Centrifuge: a B2B decentralisation protocol"

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