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      Mangrove's Logo

      Mangrove - Series A

      Panorama Inversor Fundadores & Equipo Profil de l'entreprise / Introduction du projet

      Panorama

      Fecha

      February 28, 2023

      Monto de financiación

      $7.4M

      Valuación

      --

      Categoría

      DeFi

      Subcategoría

      Exchange Liquidity

      Acerca de Mangrove - Series A

      Mangrove raised $7.40M in a financing round on Feb 28, 2023. The round was backed by Cumberland, Greenfield Capital, CMT Digital and others. In total, there were 4 investors that participated in the round.

      Inversor

      InversoresTipearUbicaciónAño de fundación#Empresas de portafolioDirección de correo electrónicoSociales
      Corporate United States of America -- 18 --
      Fund Germany 2018 13 --
      Fund United States of America 1997 104 [email protected]
      Fund Japan 2018 56 [email protected]

      Fundadores & Equipo

      Vincent Danos's Logo

      Vincent Danos

      Profil de l'entreprise / Introduction du projet

      Mangrove is an order book-based DEX that allows liquidity providers to post arbitrary smart contracts as offers. This new flexibility enables liquidity providers to post offers that are not fully provisioned. The Mangrove's order book lists promises instead of locked commitments. Liquidity can be shared, borrowed, lent and, at the same time, be displayed in the Mangrove's order book, ready to be sourced when, and only when, an offer is hit. Mangrove is a 100% trustless and on-chain DEX, but a very special one, as it is not based on pools like Uniswap-like DEXs. LPs do not have to lock in their liquidity. 

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