What is Alameda Research? Details of Alameda Research investment fund
With the development of the Crypto market, the birth of investment funds is like a coincidence. It is investment funds that are a major source of financial support for projects and help create markets. And one fund that stands out from the crowd is Alameda Research . This is a great fund with a manager with a lot of experience in this crypto market. In addition, this fund is also known as Solana's Crazy Fan. So what is Alameda Research ? Let's find out details from A to Z with Hay Mod Game about this investment fund!
What is Alameda Research?
Alameda Research is an investment fund that was established in October 2017. Currently, the fund is managing more than $1B of digital assets and trading volume is around $1B to $10B per day across thousands of accounts. products from BTC to Altcoins. The fund is active worldwide with the ability to trade on all major exchanges and markets.
In addition, Alameda Research specializes in providing services for projects:
- Market Maker: Provides liquidity for around 35 leading exchanges today.
- OTC: advantages of low arbitrage, high liquidity ... for any asset listed on the exchange.
Alameda Research Foundation Development Team
- Sam Bankman - Fried (CEO):One of the biggest influencers in the current crypto market. At the same time, he is also the CEO of FTX - an exchange with a remarkable growth rate, especially in the Futures segment. SBF is also the second richest person in the Crypto market. Second only to Brain Armstrong – Co – Founder and CEO of Coinbase. Sam has also appeared in the Forbes 30 Under 30 group in 2021. Moreover, on Twitter SBF is not only a Builder but also contributes to the community a lot with Tweetstorm 10 - 20 Tweets about issues in Crypto . However, at the present time in the current list of Alameda Research team, there is no longer the name of SBF. The high possibility is just to redistribute the roles in the Alameda collective and the FTX exchange. However, when it comes to Alameda Research, Sam Bankman - Fried is the first person that comes to mind of the community.
- The second person to mention is Sam Trabucco - Co-CEO: used to be a professional bond trader and ETF certificates of SIG company. He graduated with a degree in math and computer science in 2015, from MIT. Having influence on the crypto side on social networks, especially twitter.
- The third person is Caroline Ellison – Co-CEO : Before joining Alameda in 2018, Caroline worked at Jane Street as a stock exchange trader. She graduated from Stanford University with a degree in mathematics.
- Nate Parke – CTO: Nate graduated from UC Berkeley EECS in 2017. Prior to Alameda Research, he worked as an Engineer and Research Scholar for start-up VC funds at the UC Berkeley RISE Lab. He currently leads Alameda's engineering team.
- In addition, there are other members such as: Tony Qian - Trader, Christian Drappi - Developer, Handi Yang - Trader, Charlie Tsang - Trader, Oliver Hamilton - Developer, Aravind Menon - Trader.
Alameda Research Portfolio Overview
Below is an overview of the portfolio of the investment fund Alameda Research.
Aggregator
- 1inch: Crypto pioneer Aggregator platform, helping users get low slip trades, as well as good liquidity from multiple sources. 1inch has 3 rounds of funding:
- Seed (8/2020): Binance Labs, Alameda Research, Galaxy Digital, Dragonfly Capital
- Series A (12/2020): Pantera Capital, ParaFi Capital, Spartan Group,…
- They are gearing up for Series B with a valuation up to $2.25B.
- ParaSwap: 1inch analog liquidity pooling project. ParaSwap has two rounds of funding:
- Seed (9/2020): Alameda, CoinGecko, Arrington XRP Capital,…
- Extended Seed (May 2021): No big funds except for individuals like Andre Cronje of Yearn, Michael Egorov of Curve and Fredrik Haga of Dune Analytics.
Liquidity
- Lido: One of the first, and most successful platforms in Liquid Staking, with stETH having an FDV of around $6B. After rolling out Liquid Staking for Terra's LUNA, Lido is also looking to his next target, Solana. The latest funding in May 2021 with the participation of Alameda, Paradigm, Coinbase, Delphi Digital,...
- pSTAKE: A Liquid Staking project just launched on Persistence under Cosmos. Alameda invested in Seed round in November 2021, with the participation of Sequoia, DeFinance, Three Arrows Capital, Kraken exchange, Spartan, ...
- Sommelier: Liquidity management project when adding your pool. Sommelier has two rounds of funding:
- Seed (3/2021): Multicoin, Alameda Research,…
- Series A (10/2021): Polychain, Alameda Research,…
- Serum : Liquidity platform of many projects on Solana. Right from the inception of the project, there was a name Alameda Research on the homepage of Serum.
- Ren Protocol: One of the bridges between famous chains with renBTC. In February 2021, Alameda officially acquired Ren.
Yield Farming
- Alpha Finance : The leading project in the field of Farming combined with leverage. Did not find the time Alameda Research invested.
- Tulip: Formerly named Solfarm, an “Alpha Finance” on Solana. Tulip has had a fairly large growth in a short time, from July 2021 to November 2021 (33x from ATL to ATH). Alameda Research invested in the Seed round in October 2021 with Not3Lau Capital's Darren Lau (formerly at Spartan).
Analytics
- Dune Analytics: An extremely familiar project, where you can track a lot of data not only in the project, but also in each Sector such as AMM market share, Lending, etc. These data are all uploaded by users. , so it's very decentralized and diverse. Dune Analytics has two funding rounds:
- Seed (9/2020): Dragonfly, Alameda Research, Multicoin, Hashed.
- Series A (8/2021): Dragonfly, Multicoin,…
- Messari: Very popular site in Crypto that not only provides quality research, but also news, market price data, etc. Messari has three rounds of funding:
- Seed (3/2018): No big investors.
- Unknown (November 2019): No major investors.
- Series A (August 2021): Alameda Research, Kraken exchange,…
Asset Management
- dHEDGE : An asset management platform that allows users to copy other people's trades. dHEDGE is built on Synthetix. dHEDGE raised capital for the first time in November 2020 with the presence of Framework Ventures, DeFiance Capital, Alameda Research, …
- Solrise: Similar project to dHEDGE but on Solana. Alameda Research participated in the Seed round in July 2021, along with Delphi Digital, Parafi,…
- Stacked: Asset management platform with over $4B of reported trading volume in early 2021. Alameda Research joined the project's Seed round in September 2020.
- Prysm: An asset management platform, allowing users to track the activities of other investors to copy trades. Alameda Research invested in the September 2021 Seed round, along with Polychain and other funds.
Fund
Fund here means that Alameda becomes a Limited Partner, who pours capital for other funds to invest to earn profits. According to the Infographic, Alameda is giving money to Multicoin, DeFiance, IOSG, Ethereal.
Exchanges
Different from other funds that only focus on DEX, Alameda Research invests in a variety of trading platforms, including CEX, DEX, MEV Resistance and trading support applications (Trading Platform).
- AscendEX: The original name of AscendEX was Bitmax, founded in 2018. Alameda invested in Series B in March 2021. In this round there are not many big names except Polychain and Alameda.
- Blockfolio : In August 2020, FTX spent $150M to acquire Blockfolio, one of the popular Crypto asset management platforms on mobile. Founded in 2014, Blockfolio has over 6 million downloads. The Blockfolio news and portfolio tools average over 150 million impressions per month.
- SundaeSwap: DEX on Cardano. Alameda Research invests in Seed round in September 2021.
- Mercurial : “Curve” on Solana Alameda invests in Seed round May 2021.
- ChainSwap: Cross-chain aggregation like Asset Bridge, Lending, NFT transfers in different chains. Invest in Strategic Round in April 2021
- Dodo : DEX was born for a long time, then integrated many features such as Launchpad, token creation, ..., with the investment of many big names such as Coinbase, Framwork, Three Arrows Capital, etc. Strategic investment in October 2020 .
- Aldrin: The original name was Cryptocurrency.AI. Aldrin is a project that has both DEX and CEX exchanges. Alameda Research invests in Cryptocurrency.AI in May 2021
Infrastructure
- Solana : Alameda Research participated in a funding round in June 2021 with a total amount of up to $314M.
- Acala : EVM platform on Polkadot, and also the first Parachain slot winning project on 11/18/2021. No information on Alameda Research's investment round was found.
- SifChain : A DEX in the Cosmos ecosystem. Alameda Research invested in SifChain in August 2020.
- Immutable X: Layer 2 uses ZK Rollup for NFT. Immutable X has three rounds of funding with a total amount of nearly $90M.
- Seed (July 2018): Coinbase and other funds.
- Series A (September 2019): No outstanding funds.
- Series B (9/2021): Alameda Research and other funds.
- Syndica : A company that specializes in providing tools and services to the Solana dApp development community. Syndica also has 4 rounds of fundraising but is quite "weird" when the Seed round is behind Series A. In which, Alameda Research invests in the latest round but is Seed. Specifically:
- Pre-Seed (March 2021): No funds stand out.
- Community (7/2021): Fundraising from 100 members, including many prominent figures such as Baek Kim (Hashed), Bobby Ong (CoinGecko), Do Kwon (Terra),...
- Series A (August 2021): a16z and other funds.
- Seed (11/2021): Alameda Research, DeFiance, Spartan,…
- Clover : Layer 1 has an EVM compatible Smart Contract, as well as other utilities such as wallets, DeFi Hub. Clover is also one of the potential projects in winning the Parachain auction. No information found Alameda Research round investment.
- Composable : Cross-chain platform connecting other platforms, such as Layer 2 – Layer 2. Alameda Research invested in the Seed round of the project in June 2021. In this round there are not many special names except Alameda, Spartan, LongHash.
- Offchain Labs : The team behind Arbitrum. Offchain Labs had three rounds of funding, in which a total of $120M from Series A and Series B raised the company's valuation to $1.2B:
- Seed (April 2019): Coinbase and other funds.
- Series A (a few days before Series B).
- Series B (August 2021): Alameda Research, Polychain, billionaire Mark Cuban,…
- Helium : In this year, Helium is one of the projects with the biggest growth of Crypto when counting from the old bottom last year to this year's ATH, HNT has increased nearly 500 times. With this strong boom, Alameda Research together with a16z, Multicoin invested in Helium's last funding in August 2021 with a total amount of up to $111M.
- StarkWare : Another company known for its Layer 2 product using ZK RollUp. The company has three rounds of funding:
- Series A (October 2018): Paradigm, Sequoia, Coinbase, Multicoin, Consensys, Pantera, etc. Valuation at $36M after raising capital.
- Series B (3/2021): Paradigm, Three Arrow Capital,…
- Series C (11/2021): Paradigm, Three Arrow Capital, Alameda Research, etc. $2B valuation after raising capital.
In addition, there are three notable names because it is not the project, but the project team, which are Syndica, Offchain Labs and StarkWare. The investment in Syndica and Solana shows that Alameda Research is very confident in Solana in the following years.
For two companies working in the Layer 2 array, Offchain Labs' Arbitrum and StarkEX, StarkNET are both quite popular products among Layer 2.
Similar to other funds, Alameda also has deals for the Internet of Blockchains from Cosmos and Polkadot such as:
- Cosmos: SifChain, Persistence One, Umee.
- Polkadot: Acala, Clover, Composable.
Derivatives
- Perpetual Protocol : One of the leading projects on current derivatives trading. Alameda invested in Seed round in August 2020, with the presence of Multicoin, Three Arrows Capital, …
- MCDEX : Decentralized Derivatives Exchange. MCDEX raised capital in May 2021, led by Alameda Research and Delphi Ventures, the rest are Multicoin, DeFiance,…
Wallet/Payment
- Coin98 Finance: Ecosystem of many DeFi products, featured with the first product being the Coin98 Wallet. Coin98 Wallet not only stores Multi-chain, but also helps you to participate in DeFi activities in just one application. Coin98 Finance has three rounds of funding:
- Seed (4/2021): Parafi, Multicoin, Hashed, CoinGecko.
- Strategic (4/2021): Alameda Research.
- Strategic (7/2021): Hashed, Spartan, Parafi, CoinGecko,…
- Mobilecoin : Payment platform with cryptocurrency on the phone. Mobilecoin has two rounds of funding:
- Series A (March 2021): No featured investors.
- Series B (8/2021): Alameda, Coinbase,…
- Math Wallet : All-in-one cryptocurrency wallet, Multichain support, including Layer 2 named Math chain. Math Wallet has two rounds of funding:
- Series A (10/2020): Alameda, Multicoin.
- Series B (12/2020): Binance Labs, Multicoin,…
- Liquality : Cryptocurrency wallet that allows Swap on wallet, Multi-chain support. Alameda invests in Seed round in August 2021 with the presence of Hashed, Coinbase,…
- XDEFI : Cryptocurrency wallet that supports NFT and Multi-chain. XDEFI has two rounds of funding:
- Seed (3/2021): Mechanism and other investors.
- Seed (9/2021): Alameda Research, CoinGecko, DeFiance, Animoca Brand,…
Lending
- Parrot : This is the Lending platform that won the second prize of Solana x Serum Hackathon in 2021. Alameda Research invested in Parrot in the Seed round in June 2021.
- Jet Protocol : Maket Maker Lending project in Solana, has two rounds of funding:
- Seed (6/2021): Alameda, DeFiance, Parafi,…
- Extended Seed (11/2021): Paradigm, Three Arrows Capital, Solana Capital,…
- Oxygen : One of the first Lending projects on Solana. Alameda led the Strategic round in February 2021. Other funds in this round are Multicoin Capital, Genesis Capital, CMS.
- Alchemix : Alchemix is a Lending project with an interesting mechanism, which is to use collateral to make a profit and Repay the debt yourself. This is like we borrow interest from the future. Alameda Research led the Strategic round in March 2021.
- Anchor : Anchor is one of Terra's core Lending projects, characterized by a fixed interest rate (~20% APY). Alameda investment time not found.
- Union : The Lending project is special because of its unsecured mechanism, but currently, it has not seen any outstanding activities. Alameda invested in November 2020.
- Liquity : Debt Protocol platform like Parrot and Alchemix, with Stablecoin LUSD is currently in the top 10 Stablecoins with the largest market capitalization. Liquity has two rounds of funding:
- Seed (9/2020): Polychain, DFINITY Ecosystem Fund,…
- Series A (3/2021): Pantera, Alameda Research,…
- Parallel : Lending project on Polkadot, currently has great potential to become the next Parachain winner. Parallel has three rounds of funding:
- Seed (6/2021): Polychain, Pantera,…
- Series A (8/2021): Polychain, Pantera, Alameda,…
- Strategic (11/2021): Sequoia,…
- Ratio : Debt Protocol applies LP token as collateral to mint USDr. This mechanism is quite famous nowadays, inspired by the Olympus DAO. Alameda invested in Seed round in July 2021.
- X-Margin : Unsecured Lending project for businesses. Alameda Research together with Polychain, Coinbase, Spartan,… invest in Series A in September 2021.
NFT / Gaming
- Alethea AI: Metaverse project with interactive Intelligent NFTs (iNFTs). The project has two rounds of funding:
- Seed (1/2021): No featured funds.
- Unknown (August 2021): Coinbase, Alameda Research, Multicoin, Crypto.com, Mark Cuban, …
- Roco : GameFi Hub with popular features like NFT Marketplace, Launchpad, etc. Alameda invested in Seed or Private round in September 2021.
- GuildFi : Recently launched Gaming Guild, similar to Yield Guild Game. Alameda Research invested in Seed round in November 2021, along with Hashed, Coinbase, DeFinance, Animoca Brand, …
- Genopets : The game features beautiful Pokemon-like beasts, as well as novel Move-to-Earn mechanics. Alameda invested in Seed round in October 2021, along with Spartan, Yield Guild Game, Anomoca Brand,...
- DeFi Land : Farm theme game on Solana with fun and cute images, received great attention from the community. Alameda Research invested in Seed round in September 2021, together with Animoca Brand, Solana Foundation, …
Social
- Subsocial : A social networking project on Polkadot, you can imagine Subsocial as a decentralized version of Reddit, Meidum, etc. Alameda Research invested in a Seed round in July 2021.
- Chingari : Social network from India, built on Solana platform, helping users share Short Videos like Tiktok. In 2021, they raised capital 4 times from 2020 to 2021, details are unknown. The last funding in October 2021 with the participation of Alameda Research, Solana Capital, Kraken exchange,...
- Only1 : A social network on Solana. Only1 has a funding round in July 2021 with the participation of Alameda Research and other investors.
- Solcial : Another social network on Solana. Alameda Research invested in the Seed round in September 2021, with the participation of the Solana Foundation and other funds.
Other
This item has a relatively large name, which is Consensys. Consensys is a company with many products, one of which is Metamask – a name that is too familiar to the Crypto community. Consensys has two funding rounds with a total amount of up to $265M, with the participation of Mastercard, The Maker Foundation (MakerDAO), Parafi, Dragonfly, Coinbase, Spartan, and more.
Ecosystems in Alameda Research Portfolio
Alameda Research and Solana
- Layer 1: Solana (6/2021).
- Infrastructure: Syndica (11/2021)
- Asset Management: Solrise (7/2021).
- Yield Farming: Tulip (10/2021 – leading).
- Stablecoin: UXD (9/2021).
- Wallet: Coin98 Wallet (4/2021), Math Wallet (10/2020 – leading).
- Derivatives: Drift (10/2021).
- Synthetic: Synthetify (6/2021).
- Lending : Oxygen (2/2021 – leading), Parrot (6/2021), Jet (6/2021)
- NFT/Gaming: Genopets (10/2021), DeFi Land (9/2021), Burnt Finance (5/2021).
- Social : Chingari (10/2021), Only1 (7/2021), Solcial (9/2021)
- Liqudity : Lido (5/2021), Serum (8/2020), Ren (2/2021).
- DEX: Mercurial (5/2021), Aldrin (5/2021).
- Prediction: Hedgehog Market (7/2021).
- Map : Maps.me (February 2021 – leading)
With the above number, you can also see:
- Alameda Research loves Solana, the number of projects on Solana accounts for about 21% of the total projects in the Portfolio.
- Despite being quite fond of Solana, and well known in the community, there are very few projects in Solana where Alameda Research led the funding round (4/25 projects). Even, not only Solana, but other projects also have a low lead rate.
- Alameda Research's investment in the Solana platform itself is only almost full (June 2021).
SBF and Solana
If you have been in Crypto since the end of 2020, you probably know more or less about the “super giant” coin payout up to 91.47% of the total supply on January 7, 2021. If released at the same time, That number could kill Solana.
At the very moment that FUD mushroomed, SBF made a bet with a Fudder: “SOL is currently $2.05, and in that week will never be less than $2.05”. You can see details here .
Around mid-2020, Sam demonstrated Solana's capabilities to his engineering team, and everyone was amazed and realized Solana's potential. Then in July 2020, Sam announced that he would be building a DEX on Solana. DEXs built on blockchain are not uncommon, but importantly, the person behind this DEX is Sam. This is the current serum.
This shows that Sam has seen Solana's potential a long time ago, not just seeing the opportunity recently.
Alameda Research Portfolio Review
Achievement
The top 5 projects with the best performing Tokens (price of ATH compared to ATL) are:
- SUN: 51.992%
- HNT: 48.566%
- MCB: 7,512%
- PERP: 3,647%
- TULIP: 3,158%
Investment trends of Alameda Research in 2022
Alameda Research has decades of experience at the best commercial firms on Wall Street, including: Jane Street and SIG, and the best tech companies in Silicon Valley, including Google and Facebook.
- Create a signature trading edge with market-neutral algorithms research, execution strategies, and market-making partnerships
- Best-in-class technology development: positioned to guarantee the best data rates, sophisticated automated trading systems and reliable and stress-tested risk management systems
- Establish a solid operating framework: with a robust banking, legal, accounting and exchange cooperation infrastructure
- Maintain flexibility between market modes: by analyzing market trends and developing highly expressive trading systems that can succeed in any environment
Alameda Research combines its advantages in trading, OTC listing and marketplace creation to provide better service in all areas where competitors may be.
Through this article, you must have had your own opinions about Alameda Research investment fund . With the fund's history of development and great influence, this is also a factor to consider when you are feeling anxious in this cryptocurrency market. Hay Mod Game will support you all to succeed in this extremely potential market! So make sure you keep up to date with the latest news!
