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Everlend - Strategic Round
Overview
About Everlend - Strategic Round
After the bootstrap seed round in October last year, Everlend team is now excited to announce having successfully secured a $2.6 million strategic round backed by some of the key players in the industry. The backers in the round include: GSR, Serum Foundation, Everstake Capital, Portico VC and several angel investors.
Investors
Company Profile / Project Introduction
Everlend is a lending/borrowing aggregator powered by Solana. It launched on mainnet in early May and currently supports 10 assets and 3 money markets. Currently, the user depositing with Everlend receives a combination of high yield which is ensured by continuous rebalancing and a battle-tested risk management framework. One of the main novelty features is loan management (automatic movement of borrow positions between money markets).