Single Finance is a decentralized finance protocol that offers pseudo market-neutral leveraged liquidity mining strategies and automated yield compounding. The platform lets users borrow from a lending pool and deploy assets to DEXs such as TraderJoe, Pangolin and VVS.finance while bots handle rebalancing and auto-compounding. Its market-neutral approach hedges the non-stablecoin asset in a liquidity pair to minimize impermanent loss and implements a stop-loss mechanism denominated in USD to limit downside (the company says users will not lose more than 15% of capital in USD). Single Finance aims to provide a one-click, user-friendly experience for both new and experienced yield farmers and to bring capital protection to DeFi. The project is building the Time Machine, a historical liquidity-mining and yield-farming performance database, and plans to launch Single-Click Strategy and Time Machine in January 2022. Initially the platform will support Avalanche and Cronos with plans to expand to all EVM-compatible chains.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2021