
Cayman Islands · Information technology & services startup
Berachain is a high-performance Layer 1 blockchain built on the Cosmos SDK, utilizing a unique Proof-of-Liquidity (PoL) consensus mechanism.
Funding reportedLast round: Series B
Berachain is a high-performance Layer 1 blockchain built on the Cosmos SDK, utilizing a unique Proof-of-Liquidity (PoL) consensus mechanism.
This innovative approach rewards users for providing liquidity, enhancing capital efficiency and liquidity in decentralized finance (DeFi). Founded in 2021 by an anonymous team, Berachain has evolved from its origins in the Bong Bears NFT collection to become a serious player in the DeFi infrastructure space. The platform features an EVM-compatible chain that allows seamless integration with existing Ethereum smart contracts and decentralized applications (dApps). Berachain operates with a tri-token model, including BERA for transaction fees, BGT for governance, and HONEY as a stablecoin. Its ecosystem includes native dApps such as BEX, a decentralized exchange; BEND, a lending protocol; and BERPS, a perpetuals exchange. Headquartered in George Town, Cayman Islands, with an office in San Francisco, Berachain has secured approximately $142 million in funding and is currently in public testnet, processing over 100 million transactions.
Funding, as reported
What they build
Known for
blockchaindecentralized financelending protocolsmodular consensus frameworkinteroperability with ethereumamm poolsperpetual tradingblock explorerevm identicalinformation technology & servicesdecentralized app developmentfinancial servicesfinancebeaconkitblockchain sdkscalability
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