Kairos Labs has successfully closed a $2.4 million seed funding round led by 6th Man Ventures, with contributions from Lattice, Advancit Capital, and Compa Capital. The funds will support the launch of its permissionless, non-custodial interest rate swap protocol on Ethereum Mainnet and Base in the coming weeks. The protocol, which has already facilitated over $300 million in notional swap volume during testing, allows users to create swap markets with customizable parameters such as fixed/floating rates and collateral. It aims to provide DeFi lending platforms like Aave and Morpho with tools to manage interest rate volatility and develop fixed-income products linked to ETH staking yields and other interest rates.
Kairos Labs Secures $2.4M to Launch Interest Swap Protocol on Ethereum
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