Back to Organizations
Float Capital
Float Capital develops a DeFi protocol for minting tokenized long and short exposure to crypto assets. Its current Float Arctic iteration is being tested through testnet trading competitions; no live Float deployment or token exists.
Distributed
Description
Float Capital builds non-custodial, smart-contract-coordinated DeFi markets for tokenized long and short exposure to crypto assets. Users can mint long or short tokens tracking assets such as ETH and BTC, with the protocol emphasizing pooled liquidity, composability, audited contracts, and avoidance of liquidation mechanics. Float Arctic is the current iteration and is undergoing testnet testing through the Arctic Games, while Float Alpha has been deprecated.Grant Funding
VC Funding
None
2022
$0
$10M