Sonex is a DeFi protocol built on the Soneium blockchain. It aims to reconstruct the entire decentralized finance framework by addressing fragmentation, centralization issues, and misaligned product goals.
Hyperlane is an open interoperability framework, providing tools for developers to connect and build cross-chain applications that communicate securely across blockchains. It operates without a token or governance process. In 2022, Hyperlane raised $18.5 million in seed funding led by Variant, with support from investors like Galaxy Digital and Circle.
Swaps.io is an intent-driven framework that automates any dApp on the market and features a powerful swap widget for seamless crypto interactions. Users can swap, stake, provide liquidity, farm, or trade NFTs and RWAs, all in one click.
Polynomial Trade is an on-chain derivatives platform with a focus on perpetual futures, enhanced by the security of the Synthetix protocol and the Optimism Network. Its distinctive approach using polynomial functions for price prediction allows traders to make more dynamic market decisions. Although currently without a governance structure or a live token, the potential introduction of a token could benefit the platform by incentivizing user engagement and capturing value. Polynomial has raised two successful funding rounds, raising $1.10 million in a Pre-Seed round and securing further investment in a Seed round, with backing from several notable investors and capital firms.
