Hatom Labs
A decentralized, algorithmic protocol for lending and borrowing assets, that operates on the Elrond Network.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor | €0.0 | round |
| N/A | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
$4.0m | Early VC | ||
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 100 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Hatom operates within the decentralized finance (DeFi) sector, focusing on the MultiversX blockchain. The company offers a decentralized lending protocol that allows users to provide liquidity by depositing their assets, which in turn earns them interest. Additionally, users can borrow various assets against their collateral in an over-collateralized manner, meaning they must deposit more than they borrow to secure the loan. Hatom also features a grants program to fund innovative projects and tools built on its protocol, aiming to expand the MultiversX ecosystem. The business model revolves around earning interest on deposits and facilitating loans, thereby generating revenue from the interest rate spread. Clients include individual investors, developers, and other entities interested in DeFi solutions. The company also offers a stablecoin, HatomUSD, which is over-collateralized and native to the MultiversX blockchain. Furthermore, Hatom provides additional rewards through its HTM Booster program, where users can stake HTM tokens to earn extra returns on their collateral.
Keywords: DeFi, MultiversX, lending protocol, liquidity provision, collateralized borrowing, stablecoin, HatomUSD, HTM Booster, decentralized finance, blockchain.