Participated · Equity · Dec 2024

Symmio provides an intent-centric clearing layer and Derivatives-as-a-Service (DaaS) that enables exchanges to launch decentralized derivatives trading platforms within days. Its infrastructure allows permissionless creation of synthetic markets and offloads liquidity onboarding so partners can focus on user growth. The protocol is live across Arbitrum, Base, BSC and Mantle (non‑EVM chains coming soon), supports 600+ trading pairs, and reports $200M in open interest and over $8B in trading volume. Symmio uses off‑chain Solvers and a topological, intent‑based system to enable parallel order matching before on‑chain finalization, aiming for much higher throughput than on‑chain orderbooks. The team has been in R&D since 2021 and highlights AMFQ technology and a scalable multichain architecture as core differentiators. Symmio plans a Token Generation Event on December 16, 2024, launching the $SYMM token on the Base network with initial liquidity via SYMM/ETH on Aerodrome Finance.

Participated · Seed · Nov 2023

IntentX operates an OTC marketplace and decentralized exchange that relies on a solver network to create markets and facilitate trading. The company emphasizes an intent‑based technology approach and a multi‑solver solution to deliver improved UX for traders. Recent strategic partnerships with active market makers aim to enable integrations and tighter product alignment. IntentX received investment from the Mantle Ecofund and highlights plans for deployments and integrations on the Mantle L2 chain. The team says it will leverage strategic partners, new products, and integrations to build what it calls the most complete DEX. The raise and partnerships are positioned to support upcoming deployment plans and market maker integrations. IntentX operates a full-chain OTC derivatives trading protocol and has released an Open Beta of its platform. The protocol offers trading for more than 180 perpetual currency pairs. On the platform, market makers can concentrate capital via instant liquidity to fulfill specific trade requests. The company completed a $2.5 million seed financing to support its operations and product development. Investors in the seed round include Magnus Capital (lead) and several crypto-focused funds and trading firms. No revenue or user metrics were disclosed in the article.