Idle raised $1 M in a Seed Round round on 2020-11-17.

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According to media reports, Idle raised $1 M in a Seed Round round on 2020-11-17.the investors in this funding round include gumi Cryptos Capital,Greenfield Capital,Dialectic,LongHash Ventures,The LAO,BlockRock Capital,Qiao Wang,Imran Khan,Richard Ma,Josh Hannah and others. Following this round, Idle's total funding reached $2 M.
Idle is a decentralized and permissionless protocol that aggregates yield generation from different lending sources and optimizes returns with automated and dynamic allocations. The Best-Yield strategy maximizes yield, while the Risk-Adjusted one performs rebalances taking into account the security of the underlying protocols via risk scores.

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IDLE Fundraising History
RoundAmountValuationTimeInvestor(s)
Seed Round$1 M--2020-11-17gumi Cryptos Capital,Greenfield Capital,Dialectic,LongHash Ventures,The LAO,BlockRock Capital,Qiao Wang,Imran Khan,Richard Ma,Josh Hannah
Key Milestones
  • 2024-07-09
    Idle raised $ 1.1 M in strategic financing
  • 2020-11-18
    Idle raised $ 1.2 M in Seed round
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