Pheasant Network, developed by PG Labs, integrates artificial intelligence with intent-based execution to simplify and optimize decentralized finance (DeFAI) activity across multiple blockchains. Its Optimistic Interoperability mechanism has already processed more than $200 million in cross-chain transaction volume while delivering some of the market’s fastest speeds and lowest fees. The platform currently connects Ethereum with over 30 Layer-2 ecosystems, letting users state desired outcomes while the system determines the most efficient route. With fresh capital, the team plans to expand the utility of its PNT token, roll out AI-assisted routing and automated yield flows, and add support for multi-stablecoin and real-world-asset use cases. The roadmap also features a utility-focused Pheasant NFT series, one-click cross-chain actions, and adoption of emerging intent standards such as ERC-7683. A newly launched Pheasant Points loyalty program will visualize user contributions and engagement. Backed by foundations such as Ethereum, Optimism, and Polygon, the project aims to deliver a unified, AI-driven user experience for DeFi participants.

Total raised

$2M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2025