Exactly Protocol is thrilled to announce its official launch on the Ethereum Mainnet, marking a significant milestone for the protocol. The team is proud to report that it has raised $5 million since its founding last year, with the latest funding round bringing in an additional $2 million.

Leading this fundraising round were web3 pioneers such as Kain Warwick, founder of Synthetix, Daedalus, a web3 angel collective, and Esteban Ordano, co-founder of Decentraland. Other investors included Bodhi Ventures, Newtopia, NXTP Ventures, and Kaszek Ventures.

“The launch of Exactly Protocol on the Ethereum Mainnet is a major achievement for the project and the DeFi community,” said Gabriel Gruber, Founder of Exactly. “With our unique offering and talented team, we are well-positioned to significantly impact the DeFi ecosystem. Thanks to the support of our new strategic investors and the funds raised in this round, we can continue building a world-class team and making progress as a top DeFi protocol.”