Contango
Fixed-rate DeFi positions on any asset
Barcelona, Spain · Founded 2021 · $550K raised
- Headquarters
- Barcelona
- Employees
- 1–10
- Founded
- 2021
- Website
- contango.xyz
- Total Funding
- $550K
- Last Round
- $300K Pre-SeedMar 2024
- Rounds
- 2
About
Contango is a decentralized finance protocol that enables users to create fixed-rate loans and leveraged positions on any asset using interest rate swaps and derivatives. By combining money markets with interest rate derivative mechanics, Contango allows traders to open leveraged positions that are automatically hedged against variable interest rates, providing predictable borrowing costs without relying on traditional order books.
Summary
Contango is a company based in Barcelona, Spain, founded in 2021. It has raised $550K in total across 2 rounds, most recently a $300K Pre-Seed round in Mar 2024. Investors include Advanced Blockchain and SOSV.
Tech & App Stack
3 technologies & apps tracked
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Funding History
Mar 2024
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Full funding history, per-round amounts, and investor participation.
