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Pell Network

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Category: Restaking
TVL: $217K

Pell Network

Pell Network is the first decentralized, omnichain BTC Restaking Network, designed to extend BTCFi into the cryptoeconomic security sector. By building an Omnichain Decentralized Validated Service (DVS/AVS) Network driven by BTC Restaking, Pell fully unlocks Bitcoin’s security potential. This allows users to scale their BTC yield with secure restaking and enhances capital efficiency. For developers, Pell provides an efficient, secure, and affordable way to validate services, allowing protocols to leverage robust trust networks from the outset without needing to establish their own validator sets. The platform functions as a marketplace where developers can incentivize validators to secure their services. Pell Network integrates with various partners and chains like Babylon, ZKsync Era, and Rootstock to enhance cross-chain security, scalability, and unlock new potential for BTCFi.
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Funding Rounds

Funding Round: Strategic
Funding Date: 27 Jan, 2025
Raised Amount: $3.5M
Funding Round: Strategic
Funding Date: 1 Jan, 2025
Raised Amount: $3.5M
Funding Round: Pre-Seed
Funding Date: 15 Oct, 2024
Raised Amount: $3M
Funding Round: Pre-Seed
Funding Date: 1 Oct, 2024
Raised Amount: $3M

Investors