Potion Labs

Potion Labs

Potion Labs is developing a price insurance AMM for risk-management on Ethereum for both crypto and fiat assets.

Founded 2020 ICO Total: $15.20M Crypto, Information Technology +1

Potion Labs is a cutting-edge startup that is revolutionizing risk management on the Ethereum blockchain. The company's slogan "Potion Labs is developing a price insurance AMM for risk-management on Ethereum for both crypto and fiat assets," encapsulates its primary focus. Established in 2020, Potion Labs is dedicated to building Potion, a secure and scalable Automated Market Maker (AMM) for price insurance, with the goal of becoming a fundamental layer for a variety of asset risk management applications. Potion offers an innovative platform that provides unrestricted coverage for both crypto and fiat assets, customizable strike prices, and expiry periods. The startup's approach includes equipping its liquidity providers (LPs) with automated risk management tools that prioritize liquidity farming and governance. Additionally, Potion simplifies complex concepts such as put options, premiums, and liquidations for users by utilizing familiar fantasy world themes. The most recent investment in Potion Labs amounted to an impressive $12.00M, achieved through an Initial Coin Offering investment on 14 February 2022. This notable investment was made by an array of prominent investors including Pantera Capital, Cultur3, Lemniscap, ParaFi Capital, Placeholder Capital, Spartan Group, the LAO, MetaCartel (metacartel.org), Tarun Chitra, and Crypto Plaza. Potion Labs' focus on risk management in the realm of crypto and fiat assets, coupled with its recent substantial investment and diverse investor portfolio, positions the company as a promising player in the Ethereum-based risk management landscape. Their commitment to user experience, automated tools, and governance further underscores the potential for Potion Labs to make a significant impact in the financial and blockchain industries.

Funding Stage	Amount	Investors	Lead Investors	Date
ICO	$12.00M	10	Pantera Capital, Cultur3 +8	14 Feb 2022
Seed Round	$3.20M	-		01 Aug 2020

Funding Stage

Amount

Investors

Lead Investors

Date

ICO

$12.00M

Pantera Capital, Cultur3 +8

14 Feb 2022

Seed Round

$3.20M

01 Aug 2020

FAQ About Potion Labs

Potion Labs is developing a price insurance AMM for risk-management on Ethereum for both crypto and fiat assets.

Potion Labs was founded in 2020.

Potion Labs operates in Crypto, Information Technology and Insurance. Its work centres on Automated Market Maker, Price Insurance, Ethereum and Crypto Assets.

Potion Labs has completed 2 funding rounds, raising a total of $15.20M. The latest funding stage is ICO.

Top alternatives and competitors to Potion Labs include CryptoSimple, Kinetic, SignalPlus. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Potion Labs and CryptoSimple are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

General Information

Discover More

About Potion Labs

Funding Rounds & Investors (2)

Potion Labs Alternatives & Competitors

FAQ About Potion Labs