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Review of a @gasp-xyz project with a paid ambassador program, testnet and Galxe 👀 Gasp is a cross-chain DEX and protocol designed for exchanging crypto assets between blockchains, such as Ethereum L2s and rollups, Solana, Bitcoin, RWA protocols, web3 gaming ecosystems, and much more. Gasp provides a cross-chain communication platform that scales infinitely with large amounts of capital, and provides high-speed trading for both enterprise and individual retail users. Read the thread to the end to get all the info! 👇
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What are its special features? - Native Liquidity, Native Security Deposits and liquidity are protected by rollup escape hatches, guaranteeing asset withdrawal in all circumstances - Cross-Chain, Any-Chain Gasp is the first Ethereum native cross-rollup protocol. Swap across any Ethereum L2s with ease. - The Solver Settlement Layer Gasp enables solvers and solver networks to rebalance their inventory in an efficient way. - Lowest Costs Gasp is gas-free, and provides MEV minimization. Only a 0.3% exchange fee is paid! - Secured by EigenLayer Gasp garners the best crypto economic security from Ethereum through EigenLayer for cross-chain swap finality, making it one of the first DEX's built on EigenLayer. - Connecting the L2 ecosystem: Arbitrium, Base, Optimism, Polygon and more...!
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Fundraising They have raised a fundraising round of $5 million, contributed by Cluster Capital, Polychain Capital, Master Ventures, Faculty Group, Moonhill, LVT Capital, CMS, Token Metrics, and others. This round is protocol's third financing event in three years, bringing the total capital raised to $11 million, taking them one step further on their journey.
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