When was Divergence founded?

Divergence was founded in 2021 and raised its 1st funding round within a year of its incorporation.

Where is Divergence located?

Divergence is headquartered in Singapore, Singapore.

How many employees does Divergence have?

As of Aug 31, 2026, the latest employee count at Divergence is 1.

Is Divergence a funded company?

Divergence is a funded company, having raised a total of $2.9M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 09, 2021.

When was the latest funding round of Divergence?

Divergence's latest funding was a $***** ICO round on Sep 28, 2021, with participation from 0 investor. Its primary sector is Blockchain Infrastructure. In Singapore, the Blockchain Infrastructure sector has seen $83.5M in funding in 2026 to date.

Where does Divergence rank among its competitors?

Divergence ranks 188th amongst 1414 active competitors, of which 287 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Celestia, which secured $100M in Sep, 2024.

Who are the top competitors of Divergence?

Divergence's top competitors include Mysten Labs, Solana and Aptos. Among them, Celestia secured the most recent funding round in September, 2024.

Divergence - 2026 Company Profile, Funding & Competitors

Company Details

Decentralized platform for volatility derivatives. It features volatility hedging and trading with blockchain-native assets. It provides solutions such as LP tokens, Defi farming, staking, and more.

Website: www.divergence-protocol.com/
Email ID: *****@divergence-protocol.com

Key Metrics

Founded Year

2021

Location

Singapore, Singapore

Stage

Acquired

Total Funding

$2.9M in 2 rounds

Latest Funding Round

ICO, Sep 28, 2021, $*****

Investors

KR1 & 14 more

Ranked

188^th among 1414 active competitors

Employee Count

1 as on Aug 31, 2026

Investment & Acquisitions

Lyra

Similar Companies

Solana & 1457 more

Exit Details

Acquired by PROOF (Jul 14, 2022)

View Divergence's full profile

Divergence got acquired by PROOF on Jul 14, 2022.

Click here to take a look at Divergence's acquisition in detail

Divergence has raised a total funding of $2.9M over 2 rounds. Its first funding round was on Jun 09, 2021. Divergence has 11 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Divergence:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 28, 2021	9670684	ICO	2508435	8192249	8804844	5966869
Jun 09, 2021	6027981	Seed	5691564	3290319	Mechanism Capital & 1 more	Focus Labs & 12 more

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View details of Divergence's funding rounds and investors

Divergence's employee count trend

Divergence has 1 employees as of Aug 26. Here is Divergence's employee count trend over the years:

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Top competitors of Divergence include Mysten Labs, Solana and Aptos. Here is the list of Top 10 competitors of Divergence, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Mysten Labs 2021, Palo Alto (United States), Series B	Blockchain platform offering Web3 infrastructure solutions	$336M	Andreessen Horowitz, FTX & 42 others	81/100
2nd	Solana 2010, San Francisco (United States), Series C	Developer of enterprise infrastructure for issuing assets and digital payments	$374M	500 Global, Andreessen Horowitz & 95 others	80/100
3rd	Aptos 2021, Palo Alto (United States), Series D	Provider of protocols for building blockchain-based solutions	$350M	Andreessen Horowitz, FTX & 34 others	78/100
4th	NEAR 2017, Zug (Switzerland), Series D	Public blockchain network platform	$542M	Andreessen Horowitz, Accomplice & 92 others	77/100
5th	Ankr 2017, San Francisco (United States), Series C	Provider of blockchain infrastructure node access and decentralized network services	$16M	http://pinup-online.in, LinkVC & 30 others	73/100
6th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Metastable Materials ... & 22 others	71/100
7th	Ethereum 2013, Toronto (Canada), Series B	Blockchain-based public network for decentralized applications	-	DJ Yakisoba Capital Partners, KR1 & 109 others	70/100
8th	Chain 2014, San Francisco (United States), Acquired	Blockchain solutions empowering businesses to thrive in the Web3 era	$39.5M	Visa, Nasdaq & 26 others	70/100
9th	Celestia 2011, Vaduz (Liechtenstein), Series C	Blockchain-based modular consensus and data network	$204M	Bain Capital Crypto, Syncracy & 49 others	69/100
10th	Avalanche 2018, Tortola (United Kingdom), Funding Raised	Provider of smart contracts platform for decentralized application development	-	GAINS Associates, IPC & 44 others	68/100
188th	Divergence 2021, Singapore (Singapore), Acquired	Decentralized platform for volatility derivatives	$2.9M	P2P Capital, KR1 & 13 others	39/100