Crypto
Exponent Finance to launch onchain rate order book and strategy vault on Solana
Exponent Finance, a Solana-based yield exchange, has raised $5 million in seed funding. The round was led by Multicoin Capital, with participation from Solana Ventures, RockawayX, L1D, Prelude and Theia Blockchain. Solana Labs CEO Anatoly Yakovenko and Solana Foundation head of institutional growth Nick Ducoff also joined as individual investors. Exponent plans a May platform update to add an onchain rate order book and a strategy vault.
