InformationTVL

Pell Network

Total Value Locked$486.93m

TVL by Chain

Hemi$176.56m

Goat$106.72m

CORE$65.54m

BounceBit$62.89m

Plume Mainnet$53.37m

Arbitrum$6.89m

Rootstock$5.37m

ZetaChain$5.13m

BSC$2.17m

BSquared$1.09m

BOB$839,750

Bitlayer$234,485

IoTeX$66,947

Ethereum$28,296

Merlin$26,995

Mantle$10,684

Base$1,958

BEVM$1,466

Scroll$361.23

AILayer$104.54

Key Metrics

Total Raised$6.5m

Oct 15, 2024$3mRound: Pre-SeedInvestors: Mirana Ventures, Halo Capital, Paper Ventures, ArkStream Capital, Cogitent Ventures, Calib3r, Contribution Capital, Delta Blockchain Fund, D11 Labs, Mantle Network, Sats Ventures, Side Door Ventures, Web3Port Foundation, Bitcoin Frontier Fund

Jan 27, 2025$3.5mRound: StrategicInvestors: D11 Labs, Web3Port , ArkStream Capital, Taisu Ventures, Core Ventures, GoPlus Security, Astrarizon Ventures, MultiversX

Protocol Information

Pell uses BTC and its LSD to provide actively validated services (AVS) to BTC ecosystem projects, plug the gap in ecosystem security, reduce cost to develop ecosystem applications and optimise yield avenue for BTC holders. Pell aims to become the largest shared liquidity and cryptonomic security layer in the BTC ecosystem across market cycles

Category:Restaking

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Karak ($259.39m)EigenLayer ($11.114b)Symbiotic ($989.71m)Kernel ($221.47m)b14g ($212.28m)Parasail ($25.52m)Allstake ($3.31m)Binlayer ($159.39)