Exclusive Q2 2025 Funding Report now available for premium users. Read more
Firefly

Firefly is the first derivatives exchange on Polkadot. The fully open-sourced code underlying the protocol functions as a public utility, owned and controlled by the community of token holders. The community governance can add trading pairs for derivatives from any asset class. The Firefly DAO will fully subsidize the gas fees on the exchange for the first year. The insurance mining program is currently undergoing audits before its expected launch in June 2021, and Firefly will have ZK-Rollups integrated by the end of 2021 for instant transactions.

Firefly is governed by a Decentralized Autonomous Organization (DAO). The products available on Firefly are not available for use by US Persons or residents of any country or jurisdiction subject to US sanctions.

Fundraising Summary

Total Raised
$10M+
Total Rounds
1+

Expanding Ecosystems

With over 70+ ecosystems actively growing, they are equally deserving of your attention.