The startup has developed a cross-chain relayer network that facilitates trustless and gas-less transfers between different blockchain ecosystems, addressing the issues of centralized exchange dependency and liquidity fragmentation. By enabling traders to add liquidity and earn rewards in native tokens across chains, the platform enhances the efficiency of cross-chain transactions.
Funding
$3.2M 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.
Founders
Product
Problem
Traders using decentralized exchanges (DEXs) face challenges when transferring assets across different blockchain networks due to liquidity fragmentation and reliance on centralized exchanges. This process can be inefficient, costly due to gas fees, and introduces trust assumptions.
Solution
Pontoon is a cross-chain meta-aggregator that facilitates trustless and gas-optimized transfers of assets across more than 27 different blockchain ecosystems. The platform aggregates liquidity across multiple chains, identifies optimal routing, and dynamically monitors transactions to disable potentially hacked routes. By enabling users to add liquidity and earn rewards in native tokens across chains, Pontoon enhances the efficiency of cross-chain transactions, reduces slippage, and provides insights into transaction durations and gas usage.
Target Audience
The primary target audience includes DeFi traders and liquidity providers seeking efficient and secure cross-chain asset transfers.
Features
- Cross-chain asset transfers across 27+ blockchains
- Meta-aggregation for optimal route discovery
- Dynamic monitoring to prevent hacked routes
- Adjustable slippage protection
- Fuel statistics for gas usage estimation
- Smart accounting solution for transaction insights across chains
- Integration with LI.FI for cross-chain swaps