Lemma Finance

Lemma Finance

The basis trading protocol

About Lemma Finance

Founded

2021

Address

India

Community

Lemma is a decentralized finance (DeFi) protocol with two products: a "leveraged" basis trading vault and USDL, a stablecoin that is fully decentralized, 100% capital efficient and USD-pegged. Lemma uses a market-neutral derivatives position to issue a stablecoin and generate a sustainable yield. It will issue LEMMA tokens to manage governance for the stablecoin. Holders will be able to set risk parameters, prioritize the roadmap, and propose new features, among other things.

Team Members

Matthieu Gavaudan
Matthieu GavaudanCo-Founder

Investors

DragonflyDragonfly
Coinbase VenturesCoinbase Ventures
Standard CryptoStandard Crypto
NascentNascent
Robot VenturesRobot Ventures
WintermuteWintermute
GSRGSR
Folius VenturesFolius Ventures
Kronos ResearchKronos Research
Perpetual ProtocolPerpetual Protocol
MUX ProtocolMUX Protocol
Nick ChongNick Chong
Greg TusarGreg Tusar
Eric ChenEric Chen
Francesco AgostiFrancesco Agosti
Feng LiuFeng Liu
Matteo LeibowitzMatteo Leibowitz
Max BronsteinMax Bronstein
Julian KohJulian Koh
Vijay ChettyVijay Chetty
Nick TongNick Tong
IvangbiIvangbi
Jonathan WuJonathan Wu
Mika HonkasaloMika Honkasalo
Yenwen FengYenwen Feng
Nick PappageorgeNick Pappageorge
C
Craig Lemens
S
Sam Bobley
V
Vikas Dua

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
--
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2021-11-30
DragonflyDragonfly
Coinbase VenturesCoinbase Ventures
+ 27