Decentralized lending protocol Echelon has successfully closed its $3.5 million seed funding round. The round saw significant participation from Cypher Capital, a multi-strategy crypto investment firm. This funding is expected to bolster Echelon's development and enhance its decentralized lending services. The involvement of Cypher Capital underscores growing investor confidence in the potential of decentralized finance (DeFi) platforms. Echelon aims to leverage this capital to innovate within the DeFi space, focusing on providing secure and efficient lending solutions.