# Futureswap

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/futureswap

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.futureswap.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Mar 11, 2020)
- Investors on record: 4

## About

Futureswap offers a decentralized platform for leveraged trading, empowering users to efficiently trade various tokens while ensuring security and reliability. The platform is tailored for individual traders and liquidity providers within the growing decentralized finance (DeFi) space.Futureswap, founded in 2019 in San Francisco, US, operates a decentralized leverage trading platform. It has raised USD 12.000 mn in funding across 4 deals, with its latest funding round occurring on October 11, 2021. The company is co-founded by Daniel Kurka and Derek Alia, who also serves as the CEO. Futureswap has undergone strategic pivots in its operations to enhance user experience and adapt to market trends, but no specific changes have been noted in its operational structure or ownership.Futureswap specializes in decentralized leverage trading, allowing users to trade a variety of tokens with enhanced capital efficiency on networks such as Arbitrum and Avalanche. The core offering revolves around an exchange that facilitates leveraged trading, empowering users to make the most of their crypto assets while prioritizing security and reliability. Futureswap’s platform operates under a community governance model, enabling users to propose new tokens for trading, thereby fostering an inclusive trading environment tailored to the preferences of its user base. The service targets individual traders and liquidity providers globally, particularly in markets that are increasingly adopting decentralized finance (DeFi) practices, such as North America, Europe, and parts of Asia. Additionally, the platform provides opportunities for passive income through liquidity provision, allowing users to earn fees and rewards in the form of FST tokens.Futureswap generates revenue through transaction fees associated with trades executed on its platform, alongside rewards distributed to liquidity providers. In a typical transaction scenario, a user may leverage their crypto assets for trading on the platform, incurring a fee that contributes to the overall revenue stream. The trading structure is designed to facilitate direct engagement with retail investors while also catering to institutional clients seeking advanced trading options. By offering a decentralized platform with no intermediary fees, Futureswap maximizes user returns and minimizes costs associated with traditional trading venues. Revenue is further supplemented by the liquidity incentives provided to users who contribute capital to the exchange, fostering a sustainable ecosystem built on both trading activity and community participation.In October 2021, Futureswap raised USD 12.000 mn in venture funding co-led by Ribbit Capital and True, alongside participation from Framework Ventures and Placeholder Capital. The company plans to utilize these funds to enhance its platform, develop new product offerings, and expand into additional geographic markets. Futureswap aims to launch several new trading features and tokens in the coming year to attract more users. Moreover, it is focused on entering markets in Asia and Europe, targeting a broader audience interested in decentralized finance by the end of 2022.

## Funding rounds

- Seed, Mar 11, 2020, $1M — Infinite Capital, Lemniscap, Framework Ventures
- Seed, Nov 1, 2019, $0.6M — Infinite Capital, IDEO CoLab Ventures

## Investors

- Infinite Capital (https://capitalatlas.ai/funds/infinite-capital) — Seed
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Seed
- Lemniscap — Seed
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed