Clear protocol
Decentralized derivatives factory.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
* | $2.5m | Seed | |
| Total Funding | 000k | ||
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Clear Protocol, operating as ClearDAO, is a decentralized finance (DeFi) protocol focused on providing infrastructure for the creation of customized crypto derivatives. The project was developed by a team at DerivStudio, which reports having decades of combined experience in traditional finance, fintech, and crypto.
The company's core offering is the Clear SDK, a software development kit that supplies templates and tools enabling developers and traders to construct and launch their own derivative products. These products include instruments like options, futures, structured notes, and swaps. This approach allows for the creation of bespoke derivatives tailored to specific investor needs, moving beyond the standardized offerings typically available in the DeFi space. ClearDAO aims to foster a multi-chain ecosystem where community-launched exchanges can offer a variety of unique derivative products, all built upon its protocol. The platform architecture is divided into a protocol layer and an application layer, featuring a Derivative Workshop for product creation and a marketplace for trading.
The business model is centered on its open protocol, which empowers community members and third-party developers to build and launch their own trading platforms. The native utility and governance token, CLH, is integral to the ecosystem. CLH holders can propose and vote on governance matters, and the token is used for paying transaction fees on the platform. In November 2021, the protocol announced the completion of a $2.5 million private sale round with participation from investors such as Huobi Ventures, Kronos Research, Gate.io Labs, and LD Capital. The public beta was anticipated for the end of 2021, with an official launch in the first quarter of 2022.
Keywords: ClearDAO, DeFi derivatives, derivatives protocol, CLH token, Clear SDK, decentralized finance, crypto derivatives, custom derivatives, options trading, futures trading, structured notes, token swaps, multi-chain ecosystem, DerivStudio, crypto risk management, decentralized governance, Huobi Ventures, Kronos Research, community-driven protocol, derivative marketplace