Source-Phoenix Group — Analytics
Variational
Category: DeFi
Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives.
Funds Raised: $61.8M
Ritual
Category: Infrastructure
Ritual is building the infrastructure autonomous intelligence needs: native compute, privacy, verification, coordination, and markets for long-lived agents.
Funds Raised: $25.0M
Multipli
Category: DeFi
Multipli is a decentralized yield and collateralization protocol designed to generate returns on traditionally non-yield-bearing assets, stablecoins, and tokenized real-world assets.
Funds Raised: $22.5M
Concrete
Category: DeFi
Concrete is a modular decentralized finance platform designed to automate and optimize on-chain yield generation, borrowing, and credit management.
Funds Raised: $17M
TownSquare
Category: DeFi
TownSquare is an institutional-grade yield infrastructure and non-custodial cross-chain lending protocol, designed to bridge DeFi liquidity with RWAs and stablecoins.
Funds Raised: $16.2M
Ethos Network
Category: Social
Ethos is a decentralized social application designed to bring reputation and credibility onto the blockchain.
Funds Raised: $10.1M
Catapult Trade
Category: Launchpad
Catapult Trade is a gamified token launchpad and synthetic trading platform built on the Solana blockchain and powered by Hyperliquid infrastructure.
Funds Raised: $6.4M
Doppler Finance
Category: DeFi
Doppler Finance is a decentralized finance protocol built on the XRP Ledger to unlock on-chain yield for XRP holders.
Funds Raised: $5.5M
Apyx
Category: Stablecoin
Apyx is a stablecoin protocol backed by preferred shares of Digital Asset Treasuries.
Funds Raised: $3M
Teneo Protocol
Category: Infrastructure
Teneo is a decentralized data platform focused on unlocking and monetizing real-world data for Web3 applications.
Funds Raised: $3M


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