Zapper.fi

Zapper functions as a comprehensive asset management platform for decentralized finance (DeFi), enabling users to monitor and interact with their various Web3 assets from a single interface. The company was formed in May 2020 through a merger of two existing DeFi applications, DeFiZap and DeFiSnap, with the goal of making the blockchain more accessible. The founding team consists of Seb Audet, Suhail Gangji, and Nodar Janashia. Audet, with a background in UX design and finance, had previously created DeFiSnap, a dashboard for tracking DeFi activities. Gangji and Janashia co-founded DeFiZap, a tool for bundling transactions to interact with multiple smart contracts simultaneously, which won a top prize at a Kyber DeFi Hackathon in 2019.

The platform serves both newcomers and experienced investors in the DeFi space. Its business model centers on providing tools and services that simplify engagement with the complex DeFi ecosystem. While core features like portfolio tracking do not incur protocol fees, Zapper provides a decentralized trading aggregator to find favorable rates across various exchanges, acting as a layer between users and the platforms. The company also offers an enterprise-grade API for developers, providing access to indexed and curated on-chain data across more than 50 chains. This API is a key component of its business strategy, serving clients like Kraken.

Zapper's main service is a dashboard that allows users to connect a crypto wallet to track their entire portfolio, including tokens, NFTs, and positions in liquidity pools and yield farming. Users can explore wallets, bundle multiple wallets for a consolidated view, and discover opportunities in NFTs with an estimated value and rarity score algorithm. The platform also facilitates transactions, allowing users to swap tokens, bridge assets between different blockchain networks, and invest in various DeFi protocols directly from the interface without needing to visit multiple websites. This functionality, termed "zapping," simplifies complex processes like adding liquidity to pools by handling the necessary token conversions in a single transaction.

Since its inception, Zapper has achieved significant milestones, passing $1 billion in total transaction volume within eight months of its launch. The company has secured $17 million in funding over two rounds. A seed round in August 2020 raised $2 million, led by Framework Ventures and Libertus Capital. This was followed by a $15 million Series A round in May 2021, also led by Framework Ventures, with participation from notable investors like Mark Cuban and Ashton Kutcher's Sound Ventures. Keywords: DeFi dashboard, asset management, web3 explorer, portfolio tracker, NFT valuation, decentralized finance, blockchain analytics, Seb Audet, Nodar Janashia, Suhail Gangji, DeFiZap, DeFiSnap, crypto portfolio, wallet tracking, yield farming, liquidity pools, token swap, cross-chain bridge, on-chain data, crypto API