DeFi Aggregator Raises $1.85M from Industry Heavyweights
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Frontier, a chain-agnostic DeFi aggregation layer, has announced it raised $1.85 million from Alameda Research, CoinGecko, Mechanism Capital, TRG Capital and others.

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According to an official press release, Frontier will be the first project to be listed on Serum, a decentralized derivatives exchange with cross-chain trading.

Frontier currently has integrated support for decentralized finance (DeFi) projects deployed on Ethereum, Binance Chain, BandChain, Kava, and Harmony. The company says it will also list the Polkadot ecosystem's token with the help of StaFi Protocol.

The funding will allow Frontier to onboard new users into DeFi across whichever platforms they prefer.

Hackers Steal $371,000 from DeFi Project Opyn

The company also says it is exploring the FRONT token liquidity additions into Uniswap, Mooniswap, Balancer, and soon to launch UniLend Finance.

Earlier in August, iHodl reported that the DeFi market set a new record with $6 billion in total locked value due to the rise of new products on the market.

yEarn Finance remains the top ERC20-based DeFi token with over $855.7 million in locked assets.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

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