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PolyHedra is an infrastructure for Web3 Interoperability with cutting-edge zero-knowledge proof systems. Polyhedra opens up the design space for Web3 through highly scalable middlewares including ZK-NFT containers, DAO/DAC systems and decentralized Web3 identities.
Testnet is already live, tutorial soon :)
Backers and Partners : Binance Labs, Polychain Capital, Animoca etc

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Alkimiya is a permissionless, open-source protocol for consensus capital markets that makes the economics of the blockspace accessible to the broader DeFi universe. Similar to how traditional commodity producers use financial instruments to hedge against the uncertainties, consensus producers need a way to lock-in the return upfront. Alkimiya allows any consensus producers to create financial contracts backed by the underlying “consensus resources”.
Testnet finished but possibly opened again
Backers : Coinbase Ventures, 1kx etc
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Parfin is a modular platform for secure digital asset custody, trading and management with secure and robust infrastructure. Parfin is currently developing Parchain, a permissioned Ethereum Virtual Machine compatible blockchain that will enable regulated entities to participate in decentralized finance (DeFi) and asset tokenization.
There’s no activity/event on this, so following their social media is mantadory
Backers : Framework Ventures, VAG etc
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https://discord.com/invite/7fE8SN9pRT
Panoptic enables DeFi users to trade options on any asset pool in the Uniswap v3 ecosystem, in a permissionless and non-custodial protocol. As such, it brings traditional finance (TradFi) options trading to DeFi, and takes advantage of the significant assets and liquidity already on Uniswap v3.Panoptic works through the management of liquidity within Uniswap v3 pools. It functions as a set of smart contracts that handles the creation of long and short options through the movement of liquidity closer to, or further away from, the spot price. This is Panoptic’s key innovation.
Testnet soon, so be prepared.
Backers : Coinbase Ventures, gCC, Avalanche Foundation etc
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Satori is an on-chain derivatives protocol built on Polkadot that users can grow their earnings by executing sophisticated trades involving leverage while simultaneously accessing the flexibility to formulate payoff and risk profiles tailored to their needs..
Project redeployment (?), testnet soon
Backers : Polychain, Coinbase Ventures etc
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