https://xsy.fi - About the company
https://xsy.fi is a seed company based in Finland. It operates as a Developer of a protocol for earning yield on stablecoins. https://xsy.fi has raised $5M in funding from Protagonist and Borderless Capital. The company has 102 active competitors, including 38 funded and 1 that has exited. Its top competitors include companies like Blofin, dYdX and Synthetix.
Company Details
Developer of a protocol for earning yield on stablecoins. The protocol allows users to mint tokens, deposit them into vaults, and unbond them after a cooling period. One vault pays yield in the native token, while the other earns governance points. The protocol focuses on providing access to perpetual contract funding yields.
Key Metrics
Location
Stage
Seed
Total Funding
$5M in 1 round
Latest Funding Round
Investors
Ranked
41st among 102 active competitors
Employee Count
10 as on Sep 30, 2026
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https://xsy.fi's funding and investors
https://xsy.fi has raised a total funding of $5M over 1 round. Its latest funding round was a Seed round on May 16, 2025 for $*****. 6 investors participated in its latest round. https://xsy.fi has 6 institutional investors.
Here is the list of recent funding rounds of https://xsy.fi:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 16, 2025 | 9363539 | Seed | 6958309 | 5325527 | 8279854 | 2631709 |
View details of https://xsy.fi's funding rounds and investors
https://xsy.fi's founders and board of directors
Founder? Claim Profilehttps://xsy.fi's employee count trend
https://xsy.fi has 10 employees as of Sep 26. Here is https://xsy.fi's employee count trend over the years:
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https://xsy.fi's Competitors and alternates
Top competitors of https://xsy.fi include Blofin, dYdX and Synthetix. Here is the list of Top 10 competitors of https://xsy.fi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Blofin 2019, George Town (Cayman Islands), Series B | Cryptocurrency futures trading platform | $50M | 62/100 | |
2nd | dYdX 2017, New York City (United States), Series C | Developer of a decentralised platform for perpetual contract trading | $87M | 58/100 | |
3rd | Operator of a platform for perpetual futures trading on Ethereum | $240M | 56/100 | ||
4th | Provider of a cryptocurrency derivatives trading exchange | - | - | 56/100 | |
5th | Ostium 2022, Chicago (United States), Series A | Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX | $28M | 54/100 | |
6th | Drift 2021, United States, Series B | Future & options focused trading solutions for cryptocurrency | $28.8M | 53/100 | |
7th | Developer of decentralized exchange platform providing perpetual and spot trading | - | 50/100 | ||
8th | MYX Finance 2023, Singapore (Singapore), Seed | Online platform for perpetual trading | $5M | 49/100 | |
9th | LogX 2021, George Town (Cayman Islands), Seed | Provider of a decentralized derivatives trading platform and DeFi superapp for on-chain perpetuals trading | $10.1M | 48/100 | |
10th | Ethgas 2024, British Virgin Islands, Seed | Operator of a marketplace for Ethereum blockspace commitments and trading | $17M | 45/100 | |
41st | ![]() https://xsy.fi Finland, Seed | Developer of a protocol for earning yield on stablecoins | $5M | 30/100 |
Looking for more details on https://xsy.fi's competitors? Click here to see the top ones
https://xsy.fi's Investments and acquisitions
https://xsy.fi has made no investments or acquisitions yet.
Reports related to https://xsy.fi
Here is the latest report on https://xsy.fi's sector:
News related to https://xsy.fi
•
DeFi Platform XSY.fi Secures $5 Million in Pre-A FundingPANews•May 16, 2025•https://xsy.fi, Protagonist, Borderless Capital, Paper Ventures and 3 others
•
XSY Secures $500K in Pre-Series A FundingSina•May 15, 2025•https://xsy.fi, Chainview Capital, Paper Ventures, Borderless Capital and 1 other
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