PendulumPEN
Blockchain connecting Fiat and DeFi$0.0175
+13.84%
Pendulum
@PendulumFollowers41.89 K
Following125
Influence Index187
Details
24h Trading Volume$2.33K
Circulating Market Cap$575.65K
Fully Diluted Valuation (FDV)$2.83M
Circulating Supply32.87M PEN
Total Supply
161.65M PENTotal Raised$5.00M
Contract Address
--
Supported Exchanges+1
Launched2023-03
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High-performance layer 1 blockchainPendulum is an open-source blockchain that attempts to bridge the gap between fiat and DeFi ecosystems by creating a fiat-optimized smart contract blockchain. It is built on Substrate, allowing DeFi applications to connect to the foreign exchange market and build automated market makers (AMMs) to offer scalable liquidity pools for fiat currencies and yield earning opportunities for fiat token holders. With the goal of becoming a Polkadot parachain for maximum security and interoperability, Pendulum strives to bring the benefits of DeFi to the world of fiat.
Team Members
Torsten StüberCo-Founder, Chief Technology Officer
Alexander WilkeCo-Founder
Meinhard BennCo-Founder
Investors
LD Capital
Duckdao
Advanced Blockchain AG
coinIX
6K Starter
CRT CapitalD
Daniel MastersFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Private | $5.00M | $25.00M | 2021-11-01 |  LD Capital Duckdao+ 5 |