Kronos Research

Anboto

crypto

Anboto offers institutional-grade algorithmic tools for trading digital assets across both Centralized Finance (CeFi) and Decentralized Finance (DeFi). Its unified platform provides access to over 20 centralized and decentralized venues, focusing on unified liquidity, best-in-class infrastructure, and ultra-low latency for superior order execution.

ApeX Protocol

crypto

ApeX Protocol is a decentralized exchange (DEX) offering a self-custodial, multichain trading platform called ApeX Omni. It provides users with perpetual and spot trading products, engineered for high performance, speed, and security within a decentralized ecosystem.

APX Finance

crypto

APX Finance is a decentralized perpetual futures exchange offering order book and on-chain trading across multiple blockchains.

APX Finance (ex ApolloX)

crypto

Stealth

Arcus

hybrid

Arcus is a decentralized exchange built in partnership with Robinhood on Robinhood Chain, founded by the team behind dYdX. It offers self-custodied trading of stock tokens (spot, zero fees, 24/7) and cross-margined perpetual futures across equities, crypto, commodities, and indices with up to 50x leverage, serving retail and institutional traders in eligible jurisdictions.

Ardana

out of scope

Ardana is a decentralized stablecoin hub on Cardano. It is building a collateral-backed stablecoin and Danaswap, a stable-asset automated market maker exchange.

Bitlayer

crypto

BitLayer provides blockchain infrastructure solutions aimed at enhancing the development and deployment of decentralized networks and applications.

BulbaSwap

crypto

BulbaSwap is a decentralized exchange and liquidity aggregator on the Morph blockchain. It enables token swaps, cross-chain bridging, and liquidity provision with best-route execution, low fees, and instant settlement.

Burrow

crypto

Stealth

Circulor

out of scope

Circulor provides a platform to make supply chains transparent, responsible, and sustainable. They help businesses drive operational efficiencies, prove responsible sourcing, and boost consumer trust with end-to-end traceability.

ClearDAO

crypto

ClearDAO is a decentralized derivatives factory that allows anyone to create custom derivative products. It provides tools like a Derivative Workshop, a Risk Management Library, and an SDK to facilitate the creation and trading of various derivative instruments in a community-driven market. It also provides protocols for the lease, sublease, and renewal of NFT usage rights for applications such as financial license leasing and in-game item rentals.

Concrete

crypto

Concrete provides institutional-grade on-chain finance infrastructure. Its offerings enable automated vault strategies for earning yield across on-chain opportunities and institutional/custodian-focused solutions.

CoW DAO

crypto

CoW DAO develops user-protective DeFi products through decentralized governance, focusing on fair trading systems and MEV protection on Ethereum.

GoldLink Protocol

crypto

GoldLink is an on-chain leveraged prime broker offering novel and transparent lending to enhance borrower sophistication.

Harbor

crypto

Harbor is a native-asset, high-performance decentralized exchange (DEX) built to give wallets and apps direct access to liquidity across diverse chains such as Bitcoin, EVM, and Solana. It provides trader-oriented APIs and back-end infrastructure for programmatic market makers to deliver superior pricing to retail swappers, serving wallets, apps, and liquidity providers.

Hashflow

crypto

Hashflow helps traders execute transactions across blockchains by providing zero-slippage, MEV-protected trades through an RFQ model.

Haven1

crypto

Haven1 is a REKT-resistant EVM Layer1 blockchain, providing a complete ecosystem of verified, vetted hApps with real utility, purpose-built for DeFi, RWAs, and a safer Web3 experience.

IntentX

crypto

IntentX is a next-generation OTC derivatives exchange offering perpetual futures trading with technological innovations for on-chain finance.

Kettle

crypto

Kettle is a marketplace for luxury watches and other physical goods, which are represented as non-fungible tokens (NFTs) on a decentralized protocol. The platform focuses on trust and security, providing authentication and vaulting for all assets, and enables users to buy, sell, or take out loans against them.

LayerZero

crypto

LayerZero enables applications to move data and assets across blockchains through secure message passing with configurable security models.

Lumoz Network, Inc

crypto

Lumoz is a decentralized prover network for computing ZKP for multiple ZK-Rollups.

Nakamoto Games

crypto

Nakamoto Games operates a Web3 gaming platform featuring free-to-play, play-to-earn, NFT, arcade, action, card, and fighting games. It also provides a marketplace, staking, referrals, mobile games, and a developer platform for launching play-to-earn games.

Nubila

hybrid

Nubila is building the Physical Data Infrastructure for AI, decentralizing the capture and validation of real-world physical signals into trusted, machine-readable intelligence. Its network powers AI agents, prediction markets, financial systems, and global industries such as energy, agriculture, finance, and insurance.

Orderly Network

crypto

Orderly Network helps developers build trading applications by providing omnichain orderbook infrastructure that unifies liquidity across multiple blockchains.