Side Protocol is a distributed mesh liquidity system that utilises inter-blockchain asset exchange application protocols. The protocol aims to decentralise liquidity across diverse blockchain networks in a bridgeless manner while maintaining interconnectivity, positioning itself as an alternative to liquidity hubs. Its mesh liquidity network architecture is cited by investors as a source of recent significant interest. KR1 described Side Protocol as having ambitious plans to lead decentralised finance. KR1 invested US$300,000 into Side Protocol as part of the project's pre-seed funding round, alongside other prominent digital asset investors. The investment is presented as support for the team's next chapter.

Total raised

$0M

Funding rounds

1

Latest round

Seed

Latest activity

Jul 2023