Drop Protocol

About Drop Protocol

Drop is a platform focused on providing liquidity for the Interchain, enabling users to earn auto-compounded staking rewards and additional DeFi yield while contributing to the growth of their favorite ecosystems. It offers liquid staking solutions to keep assets liquid and usable across DeFi applications.

Products & Services

Liquid Staking with dAssets:Stake tokens to receive dAssets, which are secure liquid staking assets that auto-compound rewards, can be sold, and can be used across Drop ecosystem apps for additional yield.

Droplets and DROP Tokens:Earn Droplets by exploring the interchain with dAssets, which can be redeemed for DROP tokens upon token launch.

Integration for Developers:Developers can integrate Drop's liquid staking tokens into their applications using quick start guides, protocol documentation, and open-source code.

Validator Program:Validators can join Drop on networks like Cosmos Hub and Celestia by learning about validator set management policies.

Specialties

Liquid Staking Interchain Liquidity DeFi Yield Solutions Auto-Compounding Rewards Integration with DeFi Applications

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Seed T: - FT: Seed	A: 4000000 MR: - FA: 4 million FAN: 4000000	D: 2024-10-17 FD: 2024-10-17	8 investors

Seed Latest

2024-10-17

$4.0M

8 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

View 3 more growth metrics with Pro

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Mock Up

Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Drop Protocol Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised