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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
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
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https://xsy.fi's founders and board of directors

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https://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:
Employee count trend for https://xsy.fi
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Blofin
Blofin
2019, George Town (Cayman Islands), Series B
Cryptocurrency futures trading platform
$50M
62/100
2nd
Logo for dYdX
dYdX
2017, New York City (United States), Series C
Developer of a decentralised platform for perpetual contract trading
$87M
58/100
3rd
Logo for Synthetix
Synthetix
2017, Sydney (Australia), Series C
Operator of a platform for perpetual futures trading on Ethereum
$240M
56/100
4th
Logo for Flipster
Flipster
2021, Panama (Panama), Unfunded
Provider of a cryptocurrency derivatives trading exchange
-
-
56/100
5th
Logo for Ostium
Ostium
2022, Chicago (United States), Series A
Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX
$28M
54/100
6th
Logo for Drift
Drift
2021, United States, Series B
Future & options focused trading solutions for cryptocurrency
$28.8M
53/100
7th
Logo for EdgeX
EdgeX
2023, Singapore (Singapore), Seed
Developer of decentralized exchange platform providing perpetual and spot trading
-
50/100
8th
Logo for MYX Finance
MYX Finance
2023, Singapore (Singapore), Seed
Online platform for perpetual trading
$5M
49/100
9th
Logo for LogX
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
Operator of a marketplace for Ethereum blockspace commitments and trading
$17M
45/100
41st
Developer of a protocol for earning yield on stablecoins
$5M
30/100
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https://xsy.fi's Investments and acquisitions

https://xsy.fi has made no investments or acquisitions yet.

Reports related to https://xsy.fi

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News related to https://xsy.fi

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