Liquidity Protocol Turtle Scores $5.5M in New Funding Round

Turtle, a liquidity distribution protocol, has secured an additional $5.5 million in funding, bringing its total capital raised to $11.7 million. This latest round signals growing investor confidence in the protocol’s infrastructure play within DeFi.

What’s Interesting Here

The funding lineup reads like a who’s who of crypto: Bitscale VC, Theia, and Trident Digital returned as repeat backers, while institutional heavyweights GSR, FalconX, and Anchorage VC joined the party. Less typical—founders from Polygon, 1inch, Gnosis, and Altlayer threw in their support, suggesting the protocol is solving a real pain point across multiple ecosystems.

Why It Matters

Liquidity fragmentation remains one of DeFi’s gnarliest problems. Every chain, every DEX, every pool is siloed. If Turtle can meaningfully distribute liquidity across these fragments—and attract this caliber of institutional backing—it could become infrastructure that chains and protocols depend on.

The founder participation is the tell: these aren’t financial plays; these are operational bets. They’re betting Turtle becomes part of the backbone.

The Read

This isn’t explosive—$11.7M total is modest by 2025 standards—but the quality of backers matters more than the check size. The protocol is moving from “interesting concept” to “infrastructure worth watching.”