Saddle is an automated market maker (AMM) designed to enable efficient trading between pegged value crypto assets. Saddle is launching with a tokenized bitcoin pool, allowing users to trade between and provide liquidity for tBTC, WBTC, sBTC, and renBTC.
We are launching Saddle to accelerate the DeFi ecosystem by unlocking deep on-chain liquidity between pegged value crypto assets. Saddle recently spun out of Thesis, the crypto venture studio behind projects like tBTC, Keep, and Fold.
Backers
10+
Galxe
Formerly Project Galaxy.
Divergence Ventures
Your friendly neighborhood crypto operator fund.
Andrew Kang
Cryptoasset Venture & Secondary Markets.
Framework Ventures
We build products and services to support open blockchain networks.
Spencer Noon
Crypto Native Investor, running DTC Capital.
Thesis
Cryptocurrency venture production studio, build and invest in products that empower individuals.
