Locations
San Francisco, CA, USA
industry
Blockchain and Crypto · Software
Size
11-50 employees
Stage
Other
founded in
2020
Sommelier is built on the Cosmos SDK to maximize interoperability with other blockchains, serving as a gateway into interchain DeFi. The platform utilizes off-chain computation to execute sophisticated strategies without the centralization trade-offs of traditional finance, supported by a global network of validators. It offers automated vaults that optimize yields across various assets, including ETH, BTC, and stablecoins, while ensuring security and adaptability through community governance and independent audits. Sommelier aims to provide a comprehensive solution for maximizing DeFi yields, making it a competitive player in the decentralized finance space.
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