English
RussianFounder of Ethena Labs
Investors Guy Young
Guy Young
Lead investor
Projects
15
Portfolio market cap
$939.2M
sum across all projects
Raised in these rounds
$161.0M
12 of 14 rounds with disclosed amounts
Tier
—
Lead investor
About the fund
Portfolio · 15
| Project | Price | Entry price | ROI | Stage | Date | Market cap | |
|---|---|---|---|---|---|---|---|
 MonadMON | $0.0344 | $0.0250 | 1.4x | ICO | $406.9M | ||
 DeriveDRV | $0.4107 | $0.0550 | 7.5x | — | — | $238.6M | |
 PlasmaXPL | $0.0952 | $0.0500 | 1.9x | IDO on Impossible Finance | $171.4M | ||
 MegaETHMEGA | $0.0524 | $0.0200 | 2.6x | Echo Round | $59.2M | ||
 InitiaINIT | $0.1204 | — | — | — | — | $25.2M | |
 InfinexINX | $0.006021 | — | — | — | — | $12.0M | |
 GUNZGUN | $0.003279 | — | — | — | — | $11.9M | |
 TreehouseTREE | $0.0475 | — | — | — | — | $7.4M | |
 UsualUSUAL | $0.0135 | — | — | — | — | $6.7M | |
 GTE | — | — | — | — | — | — | |
 Mevvy | — | — | — | — | — | — | |
 Neutrl | — | — | — | — | — | — | |
 3Jane | — | — | — | — | — | — | |
 Inversion Capital | — | — | — | — | — | — | |
 Tenbin Labs | — | — | — | — | — | — |
Entry price and ROI come from the source's data for this fund. Stage and date are derived by matching the entry price against the project's rounds; where there is no match, a dash is shown.
Funding rounds · 14
| Project | Stage | Raised | Valuation | Date |
|---|---|---|---|---|
| Tenbin Labs | Seed Round | $7.1M | $71.0M | |
| 3Jane | Seed Round | $5.2M | $52.0M | |
| Neutrl | Funding Round | $5.0M | $50.0M | |
| Treehouse | Funding Round | — | $400.0M | |
| Plasma | Funding Round | $20.5M | $205.0M | |
| Mevvy | Seed Round | $2.8M | $28.0M | |
| GTE | Funding Round | $10.9M | $109.4M | |
| Usual | Series A | $10.0M | $100.0M | |
| Derive Lead | Funding Round | $500.0K | $5.0M | |
| Initia | Series A | $14.0M | $350.0M | |
| Derive | Angel | — | — | |
| MegaETH | Seed Round | $20.0M | $200.0M | |
| Monad | Seed Round | $19.0M | $190.0M | |
| GUNZ | Funding Round | $46.0M | $460.0M |
Focus areas
Blockchain3
Infrastructure1
Perpetual1
Finance1
Neobank1
Layer-21
Co-investors
Cobie3 shared
Dragonfly Capital2 shared
Framework Ventures2 shared
Robot Ventures2 shared
Paradigm1 shared
Electric Capital1 sharedFunds that most often back the same projects.