Doppler (Whetstone Research) logo

Doppler (Whetstone Research)

Whetstone Research is a company focused on developing new protocols to advance on-chain markets. Their initial product, Doppler, is a liquidity bootstrapping protocol built on the Uniswap ecosystem, designed to enhance price discovery and liquidity efficiency. Additionally, they have developed Pure Markets, a DeFi front-end application that operates on top of Doppler.
Category: Launchpad

Doppler

Doppler is a liquidity bootstrapping ecosystem and capital markets protocol that helps teams create tokenized markets, let prices form through onchain price discovery, and graduate liquidity into deep, established pools. It introduces a 'dutch-auction dynamic bonding curve' primitive to source initial two-sided liquidity while protecting users from sniping bots and MEV through auction mechanics. The protocol supports memecoins, RWAs, and protocol tokens, offering capital-efficient bonding curves, seamless migration to Uniswap v2/v4, integration with OpenZeppelin Governor treasuries for governance, and composable, programmable smart contracts for vesting, airdrops, and incentives. Doppler offers two main products: an app (app.doppler.lol) for launching and trading tokens through a purpose-built interface without needing smart contract engineering, and a TypeScript SDK (docs.doppler.lol) for developers to build custom products on top of Doppler's infrastructure, such as attention marketplaces, launchpads, and new financial primitives. It also introduced 'Multicurve,' a mechanism allowing integrators to specify custom liquidity curves instead of a single constant liquidity position. The protocol targets token issuers, developers, and integrators building onchain capital markets products.
Explore Organization

Funding Rounds

Funding Round: Seed
Funding Date: 1 Jan, 2026
Raised Amount: $9M
Funding Round: Pre-Seed
Funding Date: 1 Feb, 2025
Raised Amount: $1.3M

Investors