Echelon (Seed)

Funding Details
Awarder
Inbox
Date Award
August 28, 2024
Vertical
Finance
Funding URL
View Funding Page
Funding Amount:
$3,500,000

Company Info
Company Description
Echelon is a high efficiency money market that facilitates the borrowing and lending of assets via non-custodial pools, enabling users to earn interest and increase buying power via leverage. Positions are overcollateralized to protect lenders while offering the highest capital efficiency for borrowers. The protocol is complete with isolated pools for long tail assets and one click strategies for leverage staking and RWA backed vaults such as leveraged treasuries.
Market
Money Market
Location
San Francisco, CA, USA
Coinvestors
Amber Group, Interop Ventures, Laser Digital, Re7, Saison Capital, Selini Capital

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