Hydro Protocol, the liquidity staking protocol, completed a new round of financing, with Injective and others participating in the investment
Liquidity collateral protocol Hydro Protocol announced on February 12th that it has completed a new round of financing, with participation from Injective, Vessel Capital, Moonhill Capital, SkyVision Capital, Exnetwork Capital, Quantstamp, BlackDragon, Trinito, verse2, PAKA, coinseeker.co, CSP DAO, ODIG, DoraHacks, and a high-quality angel investment team, with the amount of financing undisclosed.It is reported that Hydro Protocol is a native LSD+LSDfi protocol built on Injective, which went live on the mainnet on January 31, 2024, and currently has a TVL of over 100 million US dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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