WingRiders is building a decentralized exchange (DEX) operating on the Cardano blockchain, positioned as an infrastructure piece to address problems that have affected Ethereum-based DEXs. The platform supports a majority of wallets with integrations ranging from light to full clients, with Nu.fi given as an example. It allows users and other dApps to exchange tokens, provide liquidity, and stake to earn interest. WingRiders emphasizes full privacy for investors and enables trading via a lightweight non-custodial NuFi wallet; the entire exchange can run within a browser. The project is powered by VacuumLabs and aims to avoid high gas fees and failed transactions seen on other networks. Financially, the company secured seed funding to support its build-out.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2022