Tonic is building a permissionless decentralized protocol for fast, seamless trading of any asset on NEAR and Aurora. The platform is designed to enable developers building on NEAR’s Layer 1 to integrate trading functionality into their applications. Tonic plans to build an open-source orderbook DEX on the NEAR Protocol and deliver a scalable platform for trading and building DeFi applications. The company also intends to continue expanding its team to support development and growth. Tonic closed a $5M funding round to support these efforts. Founded in January 2022 and based in Miami, the company is focused on infrastructure for decentralized trading on NEAR and Aurora.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2022