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TaoFi

Acquired

TaoFi is a decentralized finance platform that enables cross-chain USDC swaps and token exchanges via the Hyperlane bridge, with transparent fee breakdowns and configurable slippage controls. Users connect their wallets directly to execute trades in 1-2 minutes and see their minimum received amount before confirming. The platform also offers subnets, liquidity pools, bridging, and borrowing services, and has been acquired by Astrid with a new interface at astrid.taofi.com.

Traction –/10
HQ unknown
3100+ followers
  • Blockchain & Cryptocurrency
  • Financial Technology
  • Web3 & NFTs
  • Software Only
Updated 7 days ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Founder details are not available yet.

Product

Problem

Decentralized finance users often face opaque pricing, hidden fees, and complex cross-chain transaction processes when exchanging stablecoins for other assets. Limited transparency around swap rates and bridge costs makes it difficult for users to execute trades confidently and predict their final received amounts.

Solution

TaoFi provides a decentralized finance platform for swapping and selling USDC, enabling cross-chain token exchanges via the Hyperlane bridge. The platform displays transparent swap rates, detailed fee breakdowns including Hyperlane bridge fees and swap fees, and allows users to set maximum slippage thresholds. Trades execute directly from connected wallets with an estimated swap time of 1-2 minutes, and users can view their minimum received amount before confirming. The platform also offers additional DeFi functionality including subnets, liquidity pools, bridging, and borrowing services. TaoFi has been acquired by Astrid, and the new user interface is available at astrid.taofi.com.

Target Audience

Primary users are decentralized finance participants seeking transparent, low-friction cross-chain stablecoin exchanges, as well as liquidity providers and borrowers using the platform's broader DeFi product suite.

Features

  • Cross-chain token swaps using the Hyperlane bridge for USDC-to-Pareton exchanges
  • Transparent transaction overview showing swap rate, swap time, Hyperlane bridge fee, and swap fee
  • Configurable maximum slippage control (default 2.00%) with minimum received amount calculation
  • Direct wallet connectivity for executing trades without intermediaries
  • Additional DeFi products including subnets, liquidity pools, bridging, and borrowing services
  • Transaction history tracking for connected wallets
This profile is AI-generated and may contain inaccuracies.