The Venture Codex Logo

The Venture Codex

XFai

Grand Cayman, Midland, Cayman Islands

Overview

XFai is built around a DEX Liquidity Oracle (DLO), a smart‑contract infrastructure that matches liquidity in decentralized exchanges with liquidity in centralized exchanges. The DLO consists of autonomous liquidity‑management smart contracts aimed at tokens with low trade volumes and market caps, enabling holders to earn returns when providing liquidity. The platform relies on its native $XFIT token and allows holders of small and mid cap tokens to earn returns on their funds when providing liquidity. XFai launched what it calls the DeFi sector's first Liquidity Generation Event (LGE) and ran a private sale that raised over $3.8 million in under 12 hours. The team says the model saves participants roughly 75% on gas fees and mitigates slippage, failed transactions, and impermanent loss, and claims to unlock over $250 billion in potential value for small and mid‑cap DeFi tokens. The project has drawn interest from investors including AU21 Capital, LD Capital, and Roger Ver.

Total raised
$4M
Funding rounds
1
Latest round
Equity
Latest activity
Apr 2021

Industries

  • Information Services
  • Information Technology
  • Product Management
Visit website

Recent funding

  1. Equity

    Apr 2021

    $4M

Team