The startup offers a crypto-asset trading platform that facilitates the buying and selling of yield and principal tokens without minimum investment requirements. By integrating protocols that enhance capital efficiency, the platform enables users to grow their savings at a fixed rate, addressing the need for accessible liquidity in the crypto market.
Funding
$36.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PFounders
Product
Problem
DeFi users face challenges in accessing fixed-rate yields and managing the risks associated with variable interest rates in lending and borrowing. Existing AMMs often lack the capital efficiency and flexibility needed to optimize yield strategies and manage interest rate exposure.
Solution
DELV develops and provides access to protocols that enable users to engage with fixed and variable yield markets in DeFi. The Hyperdrive protocol, an automated market maker (AMM), allows users to trade fixed-rate bonds, speculate on interest rate movements, and hedge against interest rate volatility. Council provides a modular governance framework for DAOs, enabling adaptable on-chain governance systems. DELV also supports the Element Protocol, an open-source protocol for fixed and variable yield markets.
Target Audience
The primary target audience includes DeFi users seeking fixed-rate yields, liquidity providers looking for capital-efficient AMMs, and DAOs needing adaptable on-chain governance solutions.
Features
- **Hyperdrive Protocol:** An AMM for fixed and variable yield positions with terms on demand and single-sided liquidity provisioning.
- **Council Protocol:** A modular, upgradeable, and flexible governance system for DAOs, featuring core voting, voting vaults, and a Governance Steering Council (GSC).
- **Element Protocol:** An open-source protocol for fixed and variable yield markets, enabling users to access fixed income in the DeFi market.
- **Hyperdrive One:** An application built on Hyperdrive that offers principal-protected fixed-rate returns and boosted variable-rate returns.
- **Fixed Borrow:** An application built on Hyperdrive that allows users to fix existing borrow positions with exit protection.
- **Cross-chain Deployments:** Hyperdrive is deployed on multiple chains, including Ethereum mainnet, Base, and Linea, with integrations for various yield sources.