logo
logo

Cypher Raises $2.1 Million To Build An Expiratory Futures Protocol On

Nov 18, 2021over 3 years ago

Amount Raised

$2.1 Million

Round Type

seed

Description

Cypher will open new opportunities to TradFi and DeFi providing access to pre-public global markets.

Company Information

Company

Cypher

About

Cypher is an expiratory futures protocol built on Solana. Participants will be able to mint and trade products on any market that is community approved, while participating in community governance that facilitates robust and safe interactions. Initial markets will be focused on pre-public opportunities that many traders have historically been excluded from, and upcoming products will make it possible to access price exposure to nearly any underlying data point that can be brought on chain. The protocol will support portfolio margin, lending and borrowing, and approachable UI and UX design. Backed by top investors in the web3 sphere – including Sino Global Capital, SkyVision Capital, and Blockwall Capital – Cypher is set to upend the way blockchain-based trading works today. To learn more, visit our website, follow us on Twitter, and join us on Discord.