Coral DeFi

IntentX is an intent-based, decentralized derivatives exchange offering perpetual futures trading. The platform leverages several cutting-edge technologies, including LayerZero, a cross-chain communication protocol, account abstraction, and a zero-to-one breakthrough Request for Quotation (RFQ) architecture that addresses critical challenges in delivering on-chain derivatives.

HMX is a Decentralized Perpetual & Spot Exchange operating on Polygon. Users can open up to 88x leveraged long or short positions on the platform with no slippage. They can also become market makers for traders at HMX by depositing eligible assets into the PLP fund, which serves as the liquidity for both leveraged and spot traders at HMX.

TsunamiX is a leveraged trading solution. For liquidity providers, TsunamiX offers a pooled LP token (TLP) that minimizes risk from impermanent loss through diversification of blue chip cryptos and stablecoins, while maximizing rewards by generating leveraged trading fees on top of swap fees. For traders, TsunamiX provides a way to trade with 0% price impact, known exit liquidity, low funding fees, a low spread, and collateral that grows in value over time.

Tea is developing a decentralized, open-source software platform to fairly remunerate open-source developers based on their contributions to the entire ecosystem. Max Howell, Co-Founder and CEO of Tea, is renowned for creating Homebrew, one of the most widely-contributed-to open-source software programs globally.

Maverick aims to provide traders, liquidity providers, DAO treasuries, and developers with the most liquid market, powered by a revolutionary Automated Market Maker (AMM). Maverick AMM helps its users maximize capital efficiency by automatically pooling liquidity as prices fluctuate.

Sarcophagus is an autonomous and incentivized dead man's switch application built on Ethereum and Arweave. The protocol works by giving a person a series of actions to complete in order to verify they are alive. If the person does not perform the actions, the deadman's switch will be triggered. When creating their "sarcophagus", a user provides the Ethereum address that will access a file when the protocol is triggered, as well as a recipient's public address and the date to try opening the sarcophagus. Sarcophagus was incubated by Decent Labs.

Cherry is a Layer 1 blockchain network optimized for data operations. It brings decentralized storage solutions with inbuilt versatility to Web3. Cherry provides developers with a range of options for interacting with the Cherry Network, along with a production-ready toolkit to help them build dApps with ease.

Sarcophagus is an autonomous and incentivized dead man's switch application built on Ethereum and Arweave. The protocol works by giving a person a series of actions to complete in order to verify they are alive. If the person does not perform the actions, the deadman's switch will be triggered. When creating their "sarcophagus", a user provides the Ethereum address that will access a file when the protocol is triggered, as well as a recipient's public address and the date to try opening the sarcophagus. Sarcophagus was incubated by Decent Labs.

Volmex pioneered the first crypto volatility index and tradable crypto volatility product, Volatility Token V1. The Volmex Implied Volatility Indices (e.g. EVIV Index and BVIV Index) track the 30-day implied volatility of Bitcoin and Ether, respectively. Volmex is building a perpetual futures exchange, which will be the first venue to trade volatility index perpetual futures.