Shorter Finance is a decentralized crypto infrastructure project developed by IPI Labs that aims to bring margin trading and real-time physical delivery to decentralized derivatives trading. The platform enables users to short diversified tokens with the capability to fill orders 100% on-chain. Shorter is EVM-compatible and will support Ethereum, BNB Chain and other EVM-compatible chains, allowing users to interact via MetaMask and similar tools. The IPI Labs founding team comprises analysts, developers and crypto experts and currently numbers over 80 employees, with plans to grow to more than 150 by the end of the year and potentially as large as 200 by 2023. Shorter Finance plans to launch its testnet in the spring with a mainnet launch shortly thereafter. The project raised $4 million in the reported round and intends to use proceeds for product development, market penetration and continued team expansion.

Total raised

$4M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2022