Where is xsy.fi located?

xsy.fi is headquartered in Finland.

How many employees does xsy.fi have?

As of Mar 31, 2026, the latest employee count at xsy.fi is 10.

Is xsy.fi a funded company?

xsy.fi is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on May 16, 2025.

When was the latest funding round of xsy.fi?

xsy.fi's latest funding was a $***** Seed round on May 16, 2025, with participation from 6 investors.

Where does xsy.fi rank among its competitors?

xsy.fi ranks 38th amongst 86 active competitors, of which 36 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Synthetix, which secured $150M in Apr, 2026.

Who are the top competitors of xsy.fi?

xsy.fi's top competitors include Synthetix, Blofin and Drift. Among them, Synthetix secured the most recent funding round in April, 2026.

xsy.fi - 2026 Company Profile, Funding & Competitors

xsy.fi is a seed company based in Finland. It operates as a Developer of a protocol for earning yield on stablecoins. xsy.fi has raised $5M in funding from Protagonist and Borderless Capital. The company has 86 active competitors, including 36 funded and 1 that has exited. Its top competitors include companies like Synthetix, Blofin and Drift.

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

Finland

Stage

Seed

Total Funding

$5M in 1 round

Latest Funding Round

Seed, May 16, 2025, $*****

Investors

Protagonist & 5 more

Ranked

38^th among 86 active competitors

Employee Count

10 as on Mar 31, 2026

Similar Companies

Synthetix & 90 more

View xsy.fi's full profile

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. xsy.fi has 6 institutional investors.

Here is the list of recent funding rounds of xsy.fi:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 16, 2025	2131049	Seed	1258912	3475014	8233078	5716093

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View details of xsy.fi's funding rounds and investors

xsy.fi's employee count trend

xsy.fi has 10 employees as of Mar 26. Here is xsy.fi's employee count trend over the years:

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Top competitors of xsy.fi include Synthetix, Blofin and Drift. Here is the list of Top 10 competitors of xsy.fi, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Synthetix 2017, Sydney (Australia), Series C	Operator of a platform for perpetual futures trading on Ethereum	$240M	Bain Capital Ventures, Framework Ventures ... & 21 others	66/100
2nd	Blofin 2019, George Town (Cayman Islands), Series B	Cryptocurrency futures trading platform	$50M	KuCoin, SIG & 1 others	63/100
3rd	Drift 2021, United States, Series B	Future & options focused trading solutions for cryptocurrency	$28.8M	Multicoin Capital, Tether & 12 others	56/100
4th	dYdX 2017, New York City (United States), Series C	Developer of a decentralised platform for perpetual contract trading	$87M	Andreessen Horowitz, Three Arrows Capital ... & 45 others	56/100
5th	Ostium 2022, Chicago (United States), Series A	Platform providing on-chain perpetual swaps for stocks, indices, commodities, and FX	$28M	General Catalyst, Jump Crypto & 9 others	54/100
6th	Aark Digital 2023, New York (United States), Seed	Decentralized derivatives exchange platform	$6M	OKX, Big Brain Holdings & 9 others	51/100
7th	EdgeX 2023, Singapore (Singapore), Seed	Developer of decentralized exchange platform providing perpetual and spot trading	-	Amber Group, Circle	50/100
8th	MYX Finance 2023, Singapore (Singapore), Seed	Online platform for perpetual trading	$5M	HSG, Consensys & 12 others	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	Saison Capital, Hashed Emergent & 19 others	48/100
10th	Flipster 2021, Panama (Panama), Unfunded	Provider of a cryptocurrency derivatives trading exchange	-	-	46/100
38th	xsy.fi Finland, Seed	Developer of a protocol for earning yield on stablecoins	$5M	Borderless Capital, Chainview Capital & 4 others	30/100