Valantis Labs, a modular decentralized exchange (DEX) protocol, has successfully raised $7.5 million across pre-seed and seed funding rounds. The pre-seed round, led by Cyber Fund and Kraken Ventures, closed at a $20 million valuation, while the seed round, led by SevenX Ventures, valued the protocol at $40 million. Additional investors include Semantic Ventures, Figment Capital, and Robot Ventures, with angel investors Anthony Sassano and Sandeep Nailwal participating.
Valantis offers a modular framework for developers to build DEXes using composable modules, distinguishing itself from Uniswap's hook-based customization. The protocol's first modular DEX, HOT-AMM, has already facilitated over $50 million in trading volume.