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Range Protocol
Range Protocol is a unified liquidity provisioning platform that has launched Skate, a universal application layer. Skate is designed to empower applications to run on thousands of chains with a single state, acting as a hub for all code deployment across various chains to solve application fragmentation.
Singapore, SGP
Description
Range Protocol is a unified liquidity provisioning platform built on robust on-chain trading infrastructure. It utilizes advanced expertise and professional strategies to cover key DeFi asset classes through its vault offerings, combining automated market makers (AMMs) and request-for-quote (RFQ) to empower investors with optimized strategies without intermediaries. The team is composed of financial engineers and web3 developers with experience from companies like Altonomy, Point72, Bybit, Certik, and Citigroup. The company has expanded its services with the launch of Skate, a universal application layer that enables apps to run on thousands of chains with a single state. Skate aims to solve the limitations of legacy on-chain infrastructure by serving as a single hub for code deployment, secured by EigenLayer's actively validated service (AVS). It introduces the concept of a Universal Application Scope, where essential applications are developed collectively in a shared pool accessible to all chains, thereby addressing dApp and liquidity fragmentation in a modular web3 landscape.Grant Funding
VC Funding
None
2023
$0
$3.8M