ZeroLend, one of the fastest-growing DeFi protocols, successfully closed its Seed Round, raising $3M at a $25M valuation. Investors include BlockchainFF Momentum, Cypher Capital, Morningstar Ventures and others.
Read more about the investment: ➡️ here
The project has grown significantly, with 1500+% in TVL from 3 million to 50 million this year. With over 100k Daily Active Users, ZeroLend is the largest protocol on zkSync and the third-largest on Manta regarding Total Value Locked (TVL). Its goal is to become the market leader in these chains before expanding to other Layer 2 solutions, ultimately becoming a dominant platform across various chains.
In Q1 2024, the project is set to launch a series of airdrop initiatives under its Zero Gravity Campaign, which will coincide with the launch of its native governance token ZERO.
Read more about Zerolend: ➡️ here
