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High Tech Series A Founded 2021

Router Protocol

Router Protocol is a cross-chain infrastructure platform that enables programmable, permissionless execution of onchain swaps across multiple blockchains. The platform connects solvers, decentralized exchanges (DEXs), and bridges into a unified network, offering optimized routing with sub-10 basis point slippage and 99.5% reliability for trades up to $50 million. Router Protocol provides an API and customizable…

📍 Singapore, Singapore · Blockchain Infrastructure,

Funding snapshot

Last roundSeries A
Amount$4M
Date18 June 2024
Total raised$4M
Team size24

About

Router Protocol is a cross-chain infrastructure platform that enables programmable, permissionless execution of onchain swaps across multiple blockchains. The platform connects solvers, decentralized exchanges (DEXs), and bridges into a unified network, offering optimized routing with sub-10 basis point slippage and 99.5% reliability for trades up to $50 million. Router Protocol provides an API and customizable widget for developers to integrate cross-chain swap functionality, supporting over 100 routes across chains including Bitcoin, Solana, and EVM networks. The platform also enables solver competition through a permissionless node structure where every solver competes equally for routes. Founded in 2021 and headquartered in Singapore, Router Protocol has raised approximately $4.1 million in Series A funding from investors including Coinbase, Polygon, Wintermute, Shima Capital, and Alameda Research.

Business model

Blockchain Infrastructure > Middleware > Cross Chain

Institutional investors

Coinbase Woodstock Alameda Research QCP Capital TeraSurge Shima Capital Wintermute BISON Children’s Scholarship Fund Polygon Mapleblock Algorand Terra DeFi Capital Crypto Banter ravendao.net

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