Participated · Equity · Apr 2023

Teahouse Finance provides decentralized asset management and strategy vaults that employ dynamic algorithms to manage users' funds and optimize concentrated liquidity provision on AMMs. Its smart contracts adjust liquidity pool ranges and hedge positions using inputs like market volatility, and allow users to enter or exit on a weekly basis. The company has launched seven DeFi strategy vaults across multiple chains and in January released its first publicly available liquidity provision strategy, which currently reports an average APR of 54.37%. Teahouse also plans an enterprise B2B product, Teahouse Private Vaults, with dedicated smart contracts, Safe multi-sig operation, NFT gating, and action filters to restrict certain transactions. The team is composed of Binance Labs graduates and winners of the TRON Global Accelerator competition, and the company has been named a "Best New Decentralized Finance Application of the Year" by PANews. The new funding will be used to develop products and strategies and to improve platform security.