Back to Organizations
Jarvis Network
Jarvis Network is a decentralized finance (DeFi) project developing the Synthereum protocol, which enables the issuance, exchange, and borrowing of synthetic stablecoins (jFIATs) pegged to various real-world fiat currencies. Operating on multiple EVM-compatible blockchains, Jarvis Network aims to create a liquid on-chain Forex market, serving both web3 power-users and providing backend infrastructure for real-world financial services. The ecosystem is governed by the JARVIS token.
George Town, KY
Description
Jarvis Network is the organization behind Synthereum, a multi-chain DeFi protocol designed to bring foreign exchange markets on-chain through synthetic stablecoins called jFIATs (e.g., jEUR, jCHF, jGBP). The protocol is deployed on numerous blockchains, including Polygon, Arbitrum, Avalanche, and Base, allowing users to mint, trade, and redeem these assets with low slippage. Synthereum's architecture is built on over-collateralized liquidity pools and integrates with leading DeFi platforms like Morpho and Aave for borrowing, lending, and enhancing capital efficiency. Key features include 'Wrappers' for 1:1 conversion of fiat-backed stablecoins, a 'Money Printer' for seeding liquidity, a 'Liquidity Router' for optimizing swaps, and a cross-chain bridge powered by Chainlink CCIP for seamless asset transfers. The ecosystem is governed by the JARVIS token, which grants holders voting power over protocol development and treasury management. Jarvis Network's vision is to provide a robust and efficient backend for both custodial and non-custodial wallets to offer a 'Revolut-like' experience, giving users access to global currencies and financial services on-chain.Grant Funding
VC Funding
None
2020
$0
$1.3M