What is Futureswap?
Futureswap is a San Francisco-based company founded in 2019, operating as a decentralized, Automated Market Maker (AMM) based perpetuals protocol. Its core offering enables traders to engage in high-leverage positions with enhanced capital efficiency, a critical feature in the rapidly evolving decentralized exchange (DEX) market. The protocol's design aims to provide a robust and user-friendly platform for sophisticated trading strategies within the DeFi ecosystem.
How much funding has Futureswap raised?
Futureswap has raised a total of $13M across 2 funding rounds:
Angel/Seed
$1M
Other Financing Round
$12M
Angel/Seed (2020): $1M with participation from Framework Ventures
Other Financing Round (2021): $12M led by Framework Ventures and Ribbit Capital
Key Investors in Futureswap
Framework Ventures
Founded in 2019 and headquartered in Toronto, Canada, Framework Ventures is a venture capital firm with a focus on blockchain technology companies.
Ribbit Capital
Ribbit Capital is a venture capital firm that invests globally in unique individuals and brands who are aiming to disrupt financial services. Headquartered in Palo Alto, Ribbit believes the category is profoundly under-innovated and is looking to support entrepreneurs who have already launched the businesses of the future. The company was founded in 2012.
What's next for Futureswap?
With the recent injection of major strategic capital, Futureswap is poised for accelerated development and market expansion. The enterprise-level funding context suggests the company is moving beyond its initial development phases and is likely focusing on scaling its operations, enhancing its technological infrastructure, and potentially broadening its market reach. Future initiatives may include further protocol upgrades, strategic partnerships, and increased liquidity provision to solidify its position as a leading perpetuals trading platform.
See full Futureswap company page