This DeFiLlama New Feature Discovers The Next 100x Projects

How to use DeFillama Raises for your crypto research

My favorite DeFi analytic platform DeFiLlama aggressively ship lately. Their latest product is DeFillama Raises, and in my opinion, it will be among the most helpful tool to find alpha for me personally.

Why take advantage of raises info?

DeFillama Raises aggregate investment rounds — when VCs and other investors throw money for a crypto project (In other words, funding teams and helping their vision become reality.)

Keeping updated with capital raises helps investors to spot the next big/popular thing in the industry. Typically, it will take months or even years for the projects to release tokens. But it’s worth it to know that project early. In the crypto space, being early is an edge.

I think one particular latest example I remember is Layer Zero Labs. They raised funds as early as Q4 2021. Around 6 months later, the team released $STG token for their product Stargate. It was hyped due to Alameda involvement, which sent the token 5x soon after their launch.

How Defillama Raises can be helpful?

As always with rounds, raises are public information. It’s always covered by media. However, like Layer Zero labs which I missed its launch in 2021, many of us often had a hard time following rounds and raises closely.