Side Labs

Side Labs

Developers and contributors can create DeFi applications on top of Side Hub's infrastructure. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
$30m (Public information from Jul 2023)
Issaquah Washington (HQ)
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DateInvestorsAmountRound
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$1.5m

Valuation: $30.0m

ICO
Total Funding-

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Side Labs is a pioneering company in the blockchain technology sector, focusing on the development and deployment of atomic swap protocols. These protocols facilitate peer-to-peer (P2P) trading across different blockchain networks, specifically within the Cosmos ecosystem. The company's core product, the atomic swap protocol, is built on top of the Inter Blockchain Communication (IBC) protocol, which allows for seamless communication and transactions between independent blockchains. Side Labs serves developers and contributors who are looking to create decentralized finance (DeFi) applications on a secure and scalable infrastructure known as Side Hub. This infrastructure leverages the Cosmos SDK and Tendermint Core, providing a robust consensus engine that ensures high fault tolerance and security. The business model revolves around offering advanced blockchain solutions that enable interoperability and liquidity across various blockchain networks. Side Labs generates revenue through the deployment of its protocols and the development of custom blockchain solutions for its clients.

Keywords: atomic swap, cross-chain, P2P trade, Cosmos ecosystem, IBC protocol, DeFi applications, Side Hub, Tendermint Core, blockchain interoperability, liquidity pools.