Equilibrium operates a production-ready DeFi stack including an Ethereum bridge, pooled lending, and a decentralized stablecoin. The protocol also provides a professional-grade cross-chain decentralized exchange and a bailout mechanism for debt management. Management says the team will use new capital to secure a Polkadot parachain slot, a strategic priority for expanding on-chain functionality. Equilibrium plans to pursue a DOT/EQ token swap as the first phase of its parachain lease offering. The company is also developing a spot market with embedded margin trading. Backers are positioned as strategic partners to help navigate the volatile crypto ecosystem.

Total raised

$3M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2021