Participants in ULTRADE’s seed round thus far include Algorand Foundation, Big Brain Holdings, Tess Ventures, Sarson Funds, Valhalla Capital, Stealth Capital and more. This strong support from investment partners brings ULTRADE closer to building a foundational piece of DeFi infrastructure. ULTRADE’s unique approach turns trading solutions in DeFi into a commodity that other brands can include in their offerings under a whitelabel model. While the technology layer is commoditized, the network participants build and share a unified liquidity cloud that gives ULTRADE the most coveted business advantage of all – network effects.
VC Backing
ULTRADE investors recognize its capacity to offer a new piece of trading infrastructure which could disrupt the dominance of CEXes and change the DEX landscape.
“We are excited to back ULTRADE on their journey to providing Web3 businesses with powerful new DeFi infrastructure. The ability to launch your own branded exchanges & trading services in a few minutes, with a liquidity network, and keep the lion’s share of trading fees is a game-changer.”
AlgoBigBrain of Big Brain Holdings
At the core of the ULTRADE platform is an all-in-one, non-custodial DeFi trading application dubbed the Ultimate Trading Suite. ULTRADE is developing a comprehensive DeFi experience that rivals CEXes, while maintaining the non-custodial tenets of DeFi, all with a whitelabel model. ULTRADE founder Dan Goldman doesn’t believe there should be a tradeoff between CEX usability and asset self-custody on DEXes. His goal is to enable anyone to spin up their own DeFi trading solution without having to write a single line of code, not just for AMM swaps but a full suite of trading tools you would expect from CEXes, including limit orderbook trading for spot and derivatives.
Alongside the orderbook, the highly advanced Hybrid Aggregating AMM (haAMM) will provide the best execution across LP pools and the orderbook,…
