According to Odaily, Solana-based DeFi project Carrot has announced the successful completion of a $600,000 pre-seed funding round. The investment was led by BOOGLE, DKS Ventures, and angel investors including Dead King Society and Retired Chad Dev.

Carrot, which has been operational for two weeks, has already achieved a Total Value Locked (TVL) exceeding $2 million. The project aims to simplify the user experience in decentralized finance (DeFi).