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Revolutionizing DeFi Security: Chaos Labs Secures $55 Million in Series A Funding

Chaos Labs

Funding Amount
USD 55.0M
Company Size
11-50 employees
Industry
Software Development

Chaos Labs is excited to announce the successful raise of $55 million in our latest funding round, a pivotal step in our mission to redefine the landscape of decentralized finance (DeFi). At Chaos Labs, we are committed to revolutionizing DeFi through the development of automated, on-chain economic security systems that optimize risk management and capital efficiency for various DeFi protocols. This significant influx of capital will allow us to further enhance our innovative platform, which utilizes advanced Risk Oracles, sophisticated data analytics, and predictive modeling to provide real-time recommendations for protocol parameters—a crucial step in ensuring the safety and performance of user funds. Our technology has already found favor among leading DeFi protocols, including Aave, GMX, dYdX, LayerZero, Jupiter, Optimism, Arbitrum, and Venus. By employing our state-of-the-art simulations and risk assessment tools, these protocols are better equipped to manage and secure billions in assets, instilling confidence in their ecosystems. With this new funding, we are poised to scale our operations and drive forward-thinking innovations that empower other DeFi protocols to thrive in an increasingly complex financial landscape. As we work to enhance our offerings, we invite investors, developers, and users alike to join us on this transformative journey, as we strive to create a safer, more efficient DeFi ecosystem that empowers every participant. Together, we are not just observing the future of finance—we are actively shaping it.

August 15, 2024

Buying Signals & Intent

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Analyzed by AI based on company activities and public data
  • Risk Parameter Optimization
  • Risk Oracles
  • Mechanism Design
  • Client Risk Portal
  • Incentive Program Design
  • Sybil Detection
  • Research and Development

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