Welcome
Welcome to Bloom, the first leverage DEX purpose-built for rebasing assets, powered by Blast.
Last updated
Welcome to Bloom, the first leverage DEX purpose-built for rebasing assets, powered by Blast.
Last updated
We're developing a fully decentralized leverage trading and market-making platform utilizing Blast's native yield and offer:
Gasless, one-click trading (coming soon!)
Zero slippage trading (for top 10 cryptocurrencies)
Boosted yields for liquidity providers via USDB and leverage
Up to 50x leverage on crypto assets
Onchain execution and self-custody while offering a streamlined, CEX-like experience
Delta neutral market-making vaults for LPs
For a quick primer on how Blast works, see their documentation here.
With both ETH and USDB (Blast's native stablecoin) auto-rebasing on Blast and smart contracts, our liquidity providers gain yield from their rebasing USDB as well as a portion of platform fees.
Similarly, our traders will earn the same rebasing yield on their collateral, but additionally enjoy the best liquidation price possible and rebates on their losses made possible through rebasing yield earned on their bets.
Bloom is developed by Avantis Labs, a blockchain development company backed by some of the world's best investors across crypto, traditional finance and frontier tech, such as Pantera Capital, Galaxy Digital, and Founders Fund.
Our core team has 11 crypto native individuals, with experience in engineering, investment banking, consulting, VC / private equity, incentive design, product design, and backend / frontend engineering. Cumulatively, our team has over 20 years of experience in crypto. Here is a little bit about our co-founders:
Sehaj: Co-Founder. Previously: Blockchain VC, Investment Banking (M&A), startups (fintech, crypto DAOs), UC Berkeley grad.
Brank: Co-Founder. Previously: Big data, software at leading fintech platform, quant trader at hedge fund, UWaterloo grad
Note: Please do not constitute anything written here or on our social channels as investment advice. Always do your research, carefully read the docs and ping our team to fully understand the protocol and any associated risks, including but not limited to smart contract and market risks.
