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Penumbra

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Category: L1

Penumbra

Penumbra operates a privacy-focused blockchain and native DEX. Its ultralight nodes generate zero-knowledge proofs on users’ devices, while transaction data is encrypted so only end users and selected recipients can decrypt it. The protocol supports shielding assets from IBC-compatible chains, private trading, custom liquidity positions, selective disclosure, and validator, RPC, and frontend node operations.
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Funding Rounds

Funding Round: Seed
Funding Date: 1 Nov, 2021
Raised Amount: $4.8M

Investors