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About Debank
DeBank was founded in 2018 as a multi-chain DeFi portfolio tracker. In April 2021, it launched a dedicated DeFi wallet for asset tracking and management. December 2021 saw a $25M funding round led by Sequoia China, with Coinbase Ventures and others participating. The Rabby self-custody wallet was introduced in 2021, later expanding to desktop and mobile. In October 2022, DeBank suffered a hack losing $200K. May 2024 brought the XP loyalty program, followed by the July 2024 launch of DeBank Chain, an OP Stack L2 settling to Ethereum. Rabby passed a SlowMist annual audit in August 2025. Most recently, the initial DeBank XP airdrop claim opened for a one-month window.
DeBank co-founders and current core executives:
Hongbo Tang: Co-founder & CEO. Graduated from Tongji University in Computer Science; former R&D Director at Ele.me; founded DeBank in 2018, leading the multi-chain DeFi portfolio tracker and Rabby Wallet ecosystem.
Yong Xu: Co-founder. Background in Information Security from Tongji University; ex-Ele.me technical manager; co-founded FellowData/FellowPlus; co-founded DeBank in 2018 and involved in Rabby Wallet.