Alchemy Partners With Zerion To Power Next-Generation DeFi Portfolio Management

Alchemy Team
July 8, 2021
Amplify

DeFi portfolio management company Zerion joins Alchemy’s Certified Infrastructure Alliance to reinforce their smooth, scalable user experience after their recent Series A funding announcement.

After successfully raising $8.2M in Series A Funding led by Mosaic Ventures, with participation from Placeholder, DCG, Lightspeed, Blockchain.com Ventures, and more, Zerion aims to become the de-facto place to build and manage DeFi portfolios. Zerion makes it easy to buy and sell various DeFi assets and helps users discover trending tokens as well. They have already done $600M+ in transaction volume YTD and are poised to make a push towards one million active users after their most recent raise.

As the leading DeFi infrastructure platform — Alchemy is proud to be able to power a majority of the DeFi ecosystem. Through working with leading companies like Zerion, Alchemy is able to help bridge the gap between product and infrastructure by providing a robust, scalable node solution.

“Zerion is solving one of the hardest problems in DeFi: making applications more accessible and usable to traditional web2 users by allowing them to build and manage their entire portfolio in one place. Alchemy is extremely excited to help power their mission and guarantee a smooth user experience.” Elan Halpern, co-creator of Alchemy Amplify

Zerion leverages Alchemy’s best-in-class platform to access the industry’s leading Ethereum API, which helps Zerion effectively scale to meet their growing user demands. As the newest member of Alchemy’s Certified Infrastructure Alliance, Zerion joins other leading companies that utilize Alchemy to ensure a stable and smooth user experience from end-to-end.

“Zerion has quickly become a go-to app for many DeFi investors. Our success lies in our community and the strong network of technical partners who’ve supported us from the beginning. We’re very excited to continue working with Alchemy as we scale.” — Evgeny Yurtaev, CEO of Zerion

As Zerion continues to bring on thousands of users, tokens, and layer-2 blockchains Alchemy is proud to support them with a developer platform designed to meet their every need.

About Zerion

Zerion is an investing app that enables any smartphone holder, anywhere in the world, to build and manage their decentralized finance (DeFi) portfolio. With a relentless focus on user-centred design and a technology stack that aggregates across every major decentralized exchange, users are offered a single point of entry for managing their digital assets with ease. Zerion is non-custodial, which means users never delegate their funds to the platform. This agile approach mitigates centralization risk and has allowed Zerion to operate globally since its inception.

The company was founded in 2016 by Evgeny Yurtaev (CEO), Alexey Bashlykov (CTO) and Vadim Koleoshkin (COO) with the mission to empower more people around the world with efficient, permissionless and transparent financial services. Zerion raised its seed round in 2019 and since then has built an award-winning interface that serves more than 200K monthly active users from over 150 countries. Between Q1 and Q2 2021, Zerion processed over $600M in transaction volume, seeing $5M traded per day on average with a median trade size of $1,000.

About Alchemy

Alchemy provides the leading blockchain development platform powering millions of users for 99% of countries worldwide. Our mission is to provide developers with the fundamental building blocks they need to create the future of technology and lower the barrier to entry for developers to build blockchain applications. Alchemy currently powers 70% of the top Ethereum applications and over $30 billion in on-chain transactions and has been featured on TechCrunch, Wired, Bloomberg, and numerous other media outlets. The Alchemy team draws from decades of deep expertise in massively scalable infrastructure, AI, and blockchain from leadership roles at technology pioneers like Google, Microsoft, Facebook, Stanford, and MIT.

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