Hyperithm Invests in “Superfluid,” an Ethereum-based token streaming protocol

Hyperithm has invested in “Superfluid,” an Ethereum-based token streaming protocol that enables real-time crypto transfers.

Superfluid is a revolutionary asset streaming protocol that brings subscriptions, salaries, vesting, and rewards to DAOs and crypto-native businesses worldwide.

It was launched in 2021 and lets crypto projects, such as decentralized autonomous organizations, pay recurrent salaries and rewards in single on-chain transactions via its “super tokens.” Super tokens enable the creation of money streams between two parties.

Superfluid is launching “distribution pools” that enable the creation of a pool of funds that can be distributed to multiple recipients. This single transaction of streaming to a distribution pool has the same gas cost, whatever the number of recipients. This means developers can leverage Superfluid to build streaming smart contracts that can scale to millions of users while having totally predictable gas costs.

In December 2023, ENS DAO held an open procurement process and selected Superfluid to distribute $5.4M in developer grants. Optimism also selected Superfluid to distribute 30M OP tokens (approximately $114M USD) of their Retroactive Public Goods Funding (RPGF), which are being distributed to over 500 leading projects and individuals in the web3 industry instantly onboarding them as Superfluid users. Superfluid has also recently launched a partnership with Gitcoin, building the first Streaming Quadratic Funding initiative.

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