Rift develops infrastructure to provide liquidity to DAOs and other DeFi projects, aiming to reduce the high costs communities pay to enable token trading. Its initial product delivers liquidity at a fraction of the price DAOs typically incur; the protocol processed $50 million in payments within its first six months. The company reports it has sourced over $70 million for DAOs including Fantom and Aurora. Rift recently open‑sourced Neptune to make it easier for others to build crypto dapps and is hiring engineers to grow its highly technical team of five. The startup says its funding position lets it expand services and liquidity coverage and positions it to weather the bear market while supporting DAO growth.

Total raised

$18M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2022