Thruster is a decentralized trading protocol built on Blast. It launched in March on Blast as a yield-priority decentralized exchange. The protocol quickly grew to become the second-largest DeFi protocol on Ethereum Layer 2. Thruster completed a $7.5M seed round led by Pantera Capital, with participation from OKX Ventures, Mirana Ventures, ParaFi Capital, Manifold Ventures and Arche Fund. Angel investors included Santiago Santos, Sam Kazemian, TN Lee, Alex Lin, Kratik Lodha and Georgios Vlachos. The financing was structured as a SAFE and token warrants and implied a $70M valuation.

Total raised

$8M

Funding rounds

1

Latest round

Seed

Latest activity

Apr 2024