Exactly Protocol
Latest round
- Seed
Last raised
- Aug 2021
Total raised
- $3M
Investors
- 7
About Exactly Protocol
Exactly Protocol was founded in 2021 in Montevideo, Uruguay, focusing on creating a decentralized, non-custodial protocol for interest rate markets. The company has completed 3 deals, with its most recent deal occurring on March 29, 2025.000 mn.Exactly Protocol offers a decentralized, non-custodial, open-source protocol designed to facilitate both fixed and variable interest rate markets. Its core functionalities include a continuous and differentiable interest rate model that supports the development of a robust fixed income derivatives market. The protocol introduces an innovative liquidation process aimed at restoring user solvency more efficiently compared to traditional systems. Furthermore, it enhances capital efficiency by utilizing risk-adjusted collateral, which improves lending power and health factor calculations.Revenue generation for Exactly Protocol is driven by activities within its interest rate markets, where users can deposit and borrow at both fixed and variable rates. The pricing structure of the protocol is linked to the dynamic utilization rates of its asset pools, adjusting according to supply and demand. Clients engage in transactions by depositing assets into the protocol, earning interest based on fixed rates assured through prior borrower commitments. Borrowers repay loans at predetermined fixed rates, creating a reliable revenue stream for liquidity providers. Upcoming products and services are being designed, with intentions to enhance the protocol’s functionalities. Additionally, Exactly Protocol aims to expand into new geographic regions, focusing on markets in Asia and Europe by the end of 2025.
Who invested in Exactly Protocol
7 investors across 1 round
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Funding rounds
Seed
Aug 15, 2021
Amount
$3M
Investors
Questions about Exactly Protocol
Who invested in Exactly Protocol?
Exactly Protocol has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Exactly Protocol raised?
Exactly Protocol has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Exactly Protocol last raise money?
Exactly Protocol's most recent round on record is a Seed, in Aug 2021.
What does Exactly Protocol do?
Exactly Protocol was founded in 2021 in Montevideo, Uruguay, focusing on creating a decentralized, non-custodial protocol for interest rate markets.
Where is Exactly Protocol headquartered?
Exactly Protocol is headquartered in Montevideo, Uruguay.
Which VCs invest in companies like Exactly Protocol?
Among active investors with capital left to deploy, Crescera Capital, Kaszek Ventures, dao5 and LIV Capital back software companies at Exactly Protocol's stage. Their profiles are linked below.
VCs backing software startups at Seed
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