According to ChainCatcher, the on-chain credit and yield platform Idle has completed a $1.1 million strategic financing led by RockawayX and participated by Fasanara Digital. This round of financing brings Idle's total financing to $2.4 million. The company plans to use the funds to further develop on-chain credit infrastructure, etc.
Idle is a decentralized autonomous organization (DAO) that provides yield automation and hedging tools for the decentralized finance (DeFi) market. The platform has accumulated $300 million in liquidity and has a trading volume of over $2 billion.