Shrimpy provides a platform that integrates APIs for managing cryptocurrency exchanges and automating trading strategies, enabling users to connect their wallets and execute trades efficiently. By offering features like portfolio rebalancing, performance tracking, and historical data analysis, Shrimpy addresses the complexities of cryptocurrency investment management for both novice and experienced traders.
Funding
$312K 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
Managing cryptocurrency investments across multiple exchanges can be complex and time-consuming, requiring users to manually track performance, rebalance portfolios, and execute trades. This complexity can be a barrier to entry for new investors and a source of inefficiency for experienced traders.
Solution
Shrimpy is a portfolio management platform that simplifies cryptocurrency investing by integrating with multiple exchanges and automating trading strategies. Users can connect their exchange accounts to track portfolio performance, automate rebalancing, and simulate different investment strategies. The platform offers tools for creating custom asset allocations, setting stop-loss thresholds, and performing backtests to optimize investment strategies.
Target Audience
Shrimpy targets both novice and experienced cryptocurrency traders who want to automate their investment strategies and manage their portfolios across multiple exchanges.
Features
- Integration with multiple cryptocurrency exchanges via API keys, securely encrypted using FIPS 140-2 validated hardware security modules (HSMs).
- Automated portfolio rebalancing with customizable weighting methods and periodic or threshold-based triggers.
- Backtesting capabilities using historical market data to simulate portfolio performance under different conditions.
- Portfolio performance tracking with historical snapshots and data visualization.
- Dynamic indexing to filter assets and build custom indices based on asset categories.
- Portfolio stop-loss and dollar-cost averaging features for risk management.
- API access for programmatic trading and integration with other tools.