Sumer.money
The most capital efficient blockchain liquidity infrastructure.
- Employees
- 1–10
- Business Model
- B2C
- Website
- sumer.money
- Total Funding
- $2.0M
- Last Round
- $2.0M SeedMay 2022
- Rounds
- 1
About
Sumer is a blockchain liquidity infrastructure that lets users deposit assets like liquid staked ETH and mint suTokens — suETH for higher leverage or suUSD for lower risk — via a risk engine that matches assets and liabilities by correlation to maximize capital efficiency. Deposited assets never leave their native blockchain, and suTokens act as portable claims that can be traded or yield-farmed across Sumer's chain and other connected chains while the original deposit keeps earning native staking rewards. The protocol is backed by figures including Polygon founder Sandeep Nailwal, Pendle founder TN Lee, and Chainlink's VP of Engineering Benedict Chan.
Summary
Sumer.money is a Crypto & Web3 company. It has raised $2.0M in total across 1 round, most recently a $2.0M Seed round in May 2022. Investors include Pantera Capital.
Tech & App Stack
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Funding History
May 2022
Investors
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