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Float

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Category: Derivatives

Float Capital

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.
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Funding Rounds

Funding Round: Seed
Funding Date: 16 Mar, 2022
Raised Amount: $5M
Funding Round: Seed
Funding Date: 1 Mar, 2022
Raised Amount: $5M

Investors