👀Reference

Aggregator Fund Raising Ref

Superform (Seed, 6.5 + 3M raised)

• TVL: $46M

• Valuation: ?

• Key features: SuperVaults, SuperUSDC

Developer of a non-custodial yield marketplace intended to simplify earning and distributing yield. The company specializes in building a chain-agnostic distribution layer for yield to combine the complex space of chains, protocols, and opportunities into a single universal form, enabling users to interact and access yields to earn higher returns on investment.

Note: Since their first round for 6M happened at 08 Feb, 2024. They actually raised 6M from nothing!

• Reference https://www.superformlabs.org/

  https://pitchbook.com/profiles/company/530476-39#overview https://defillama.com/protocol/superform

LeechProtocol (1.5M)

LeechProtocol works across 12+ blockchains, constantly searching for the most profitable strategies and automatically transferring liquidity between chains. Utilizing sophisticated risk management systems combined with complex farming strategies, and featuring partial liquidations, Leech saves users time and provides them with optimal returns.

• Reference: https://www.leechprotocol.com/

  https://www.crunchbase.com/organization/leechprotocol https://medium.com/@LeechProtocol

Tokemak (4M, seed + 24M, ICO)

• TVL: $70M

• Valuation: ~55M token market cap (TOKE)

• Reference: https://app.tokemak.xyz/ https://www.gate.io/learn/articles/all-you-need-to-know-about-tokemak/892

• Up to now, the project has completed one round of financing and one round of public fund-raising, including $4 million in seed funding led by Framework Ventures; and $24 million raised in the Degenesis event’s token public offering.

Yearn Finance (ICO)

• TVL: ~$50M

• Valuation: ~350M token market cap

• Reference: https://icodrops.com/yearnfinance/

EtherFi (A, 23M raised, 32.3M in total)

• TVL: $1.66B when series A, $9.21B now

• Valuation: ~550M token market cap

EtherFi (ETHFI) is a decentralized, non-custodial staking protocol built on the Ethereum blockchain. It introduces a Liquid Staking Derivative (LSD) token called eETH, which allows users to stake their Ethereum (ETH) in a flexible and secure manner. Unlike traditional staking, where users might lose control over their assets, EtherFi enables stakers to retain custody of their staking keys. This emphasis on self-custody and decentralization is a key feature of the platform. Additionally, EtherFi is designed to integrate with the EigenLayer, enabling native restaking and optimizing yields across multiple networks​.

• Reference: https://www.cbinsights.com/company/etherfi/financials

  https://www.coindesk.com/business/2024/02/28/liquid-restaking-protocol-etherfi-raises-23m-series-a

  https://www.theblock.co/price/283169/ether-fi-ethfi-usd

HyperHarvest

Built to help DeFi investors maximize yield and minimize risks, HyperHarvest is an cross-chain yield aggregator that optimizes USDC returns across the Arbitrum Sepolia and Optimism Sepolia testnets. Given the intricate web of the DeFi network, building HyperHarvest was no easy feat which is why the developers chose Web3Auth as “their team is very helpful in the ETHGlobal partner channel, and their members are readily available to help when we got stuck."

• Reference: https://ethglobal.com/showcase/hyperharvest-ki43o