Follow the smart money: A look at the latest investments from top crypto VCs

Author: MooMs

Compiled by: Mia, Odaily Planet Daily

NEX Protocol builder MooMs has been tracking the flow of "smart money" in Web3 for a long time and is trying to identify the next industry trends in advance. Here are 7 promising projects that MooMs has focused on after researching top crypto venture capitalists. (Note from Odaily Planet Daily: The following content does not constitute investment advice, DYOR.)

1. On-chain Dark Pool DEX: Renegade

Provides users with complete trading privacy to prevent third parties from tracking and copying the trading strategies of large entities.

Current funding: $3.4 million

Investors include Dragonfly, former Andreessen Horowitz partner Balaji Srinivasan, among others.

2. Pool-based Interest Rate Platform: Burrow

Users can earn interest by providing assets, borrowing, and creating leveraged betting positions or self-repaying positions.

Current funding: $5 million

Investors include Dragonfly, Jump Crypto, among others.

3. Derivatives Protocol Without Oracles: Panoptic

Utilizes Uniswap v3 liquidity positions to mint, trade, provide perpetual put options market making, and offer 24/7 optional call options.

Current funding: $4.5 million

Investors include Uniswap Labs Ventures, Coinbase Ventures, among others.

4. Decentralized Liquidity Supply Protocol: Synthetix

Issues synthetic assets backed by stakeholders through the $SNX token.

Current funding: $35.8 million

Investors include Paradigm, Coinbase Ventures, among others.

5. Efficiency Management Platform in Contributor Economy: Dework

Supports Web3 teams to collaborate with users through various tasks, work publicly or privately, pay for their work, and enhance their work reputation.

Current funding: $50 million

Investors include Paradigm, Polygon co-founder Sandeep Nailwal, among others.

6. Derivatives Protocol More Adapted to High Volatility Markets: Cega

Creates unique structured products for retail investors, generating higher yields and providing built-in protection against market downturns.

Current funding: $9.3 million

Investors include Dragonfly, Pantera Capital, Solana Ventures, among others.

7. Metaverse Interest Rate Protocol: MetaStreet

Measures the liquidity of the NFT credit market through capital treasury products, allowing users to deposit capital and earn returns from a diversified portfolio of NFT-backed notes.

Current funding: $24 million

Investors include Dragonfly, Opensea, among others.

In addition, noteworthy projects include: Wallet Guard, Blowfish, Aztec, Cosmos, Alkimiya, Arrakis Finance, Compound Labs, Lido, Rocket Pool, Renegade, etc.