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About Demether
Demether is a consumer yield app: users deposit USDC, pick an asset and a strategy, and the platform executes a basket of positions and hedges, managing risk at the strategy level while the interface keeps to choosing and tracking. It began in multi-chain liquid staking, issuing demETH and demSOL on Ethereum, Solana, Arbitrum and Taiko, packaging staking and restaking yield into transferable receipts, with LayerZero and Stargate carrying cross-chain messages and synchronising rates.
The current product shifts emphasis from receipts to portfolios: users see an annual rate and drawdown rather than an LST exchange rate, with custody and execution handled by the platform for people who would rather not manage positions. Against a single-asset protocol such as Lido, it sells a packaged outcome. The older products no longer accept new deposits, and legacy positions must be redeemed manually by contacting the team over Discord or email, as the self-serve on-chain exit is closed.
Demether is a DeFi protocol around demAI yield and LSD running across multiple chains. In 2026 its demAI yield platform entered alpha, and it launched $GLDx, a tokenized gold asset on Solana, bringing physical-gold exposure on-chain.
Future strategy and roadmap: Demether will keep expanding AI-driven yield strategies, add more LSD and RWA collateral types, and improve interoperability across Arbitrum, Ethereum, Solana and Taiko.
Kartik Swaminathan — Founder & CEO; MSc in computer science from University College London, nearly two decades in investment banking at Goldman Sachs and J.P. Morgan, later director of investments at Animoca Brands.
Juan C. Dorado — Chief Product Architect; leads product design for yield-bearing tokens such as demETH.