# Top 14 DeFi Startups by Funding Raised in 2026

> The 14 DeFi startups that raised in 2026 that raised the most in 2026, ranked by money raised this year: $826M combined.

Source: https://millionrounds.com/top-lists/defi-startups-raised-2026 (Millionrounds; every figure on the page links to its filing or article)

- 1 [**Digital Asset** Digital Asset develops ledger technology intended to build distributed, encrypted straight-through processing tools.](https://millionrounds.com/company/digital-asset) Digital Asset develops ledger technology intended to build distributed, encrypted straight-through processing tools. *Founded* 2014 New York, United States **$355M** last round Jun 2026
- 2 [**Morpho** Morpho is an open-source DeFi lending protocol that connects lenders and borrowers globally.](https://millionrounds.com/company/morpho) Morpho is an open-source DeFi lending protocol that connects lenders and borrowers globally. *Founded* 2021 Paris, France **$175M** last round Jun 2026
- 3 [**Gauntlet** Gauntlet is a financial technology and quantitative research firm focused on decentralized finance (DeFi) risk management, economic modeling, and protocol optimization.](https://millionrounds.com/company/gauntlet) Gauntlet is a financial technology and quantitative research firm focused on decentralized finance (DeFi) risk management, economic modeling, and protocol optimization. *Founded* 2018 New York, United States **$125M** last round Jul 2026
- 4 [**Variational** Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives, built on Arbitrum.](https://millionrounds.com/company/variational) Variational is a peer-to-peer trading protocol for perpetuals and generalized derivatives, built on Arbitrum. *Founded* 2022 George Town, Cayman Islands **$50M** last round May 2026
- 5 [**Pharos** Pharos is an AI-powered healthcare startup founded in 2024 that focuses on automating hospital quality reporting.](https://millionrounds.com/company/pharos) Pharos is an AI-powered healthcare startup founded in 2024 that focuses on automating hospital quality reporting. *Founded* - San Francisco, United States **$44M** last round Apr 2026
- 6 [**Flying Tulip** Flying Tulip is an on-chain financial marketplace and decentralized exchange based in San Francisco, California, with operations also noted in New York City.](https://millionrounds.com/company/flying-tulip) Flying Tulip is an on-chain financial marketplace and decentralized exchange based in San Francisco, California, with operations also noted in New York City. *Founded* 2024 New York, United States **$26M** last round Jan 2026
- 7 [**Superset** super{set} is a team of seasoned operators and AI technologists that co-founds and builds AI-native, high potential businesses.](https://millionrounds.com/company/super-set) super{set} is a team of seasoned operators and AI technologists that co-founds and builds AI-native, high potential businesses. *Founded* - United States **$16M** last round Aug 2026
- 8 [**EstateXchange** estateXchange is an Australian technology startup founded in 2023, based in Melbourne, Victoria.](https://millionrounds.com/company/estatexchange) estateXchange is an Australian technology startup founded in 2023, based in Melbourne, Victoria. *Founded* - Melbourne, Australia **$8.4M** last round Jan 2026
- 9 [**Ethos Network** The Ethos Credibility Score is the first dApp created on the Ethos Network.](https://millionrounds.com/company/ethos-network) The Ethos Credibility Score is the first dApp created on the Ethos Network. *Founded* 2023 Austin, United States **$8.4M** last round Sept 2026
- 10 [**Cambrian** Investing $250k to $1mm+ at pre-seed / seed stages to fuel fintech’s next evolution.](https://millionrounds.com/company/cambrian) Investing $250k to $1mm+ at pre-seed / seed stages to fuel fintech’s next evolution. *Founded* - United States **$6.0M** last round Jun 2026
- 11 [**Cork Protocol** Cork Protocol is a DeFi risk infrastructure protocol that focuses on tokenizing and managing depeg risks for pegged assets such as stablecoins and liquid staking tokens.](https://millionrounds.com/company/cork-protocol) Cork Protocol is a DeFi risk infrastructure protocol that focuses on tokenizing and managing depeg risks for pegged assets such as stablecoins and liquid staking tokens. *Founded* 2023 New York, United States **$5.5M** last round Jan 2026
- 12 [**RepoSwap** Reposwap revolutionizes DeFi Innovation with VC Launchpad.](https://millionrounds.com/company/reposwap) Reposwap revolutionizes DeFi Innovation with VC Launchpad. *Founded* 2021 - **$3.4M** last round Jun 2026
- 13 [**TITAN** Professional wealth management from your phone.](https://millionrounds.com/company/titan) Professional wealth management from your phone. *Founded* 2018 San Diego, Cayman Islands **$3.0M** last round Jun 2026
- 14 [**Helios**](https://millionrounds.com/company/helios) *Founded* - United States **$1.1M** last round Sept 2026

**Money raised in 2026** how the list is ranked

**15 November 2026** updated nightly

**Rounds we track** source: Millionrounds

Companies with a round in 2026 that we track, ranked by what they raised this year. Nobody pays to be on a list.

## Who backed them?

Open any company for its rounds and investors, or search the investors who back DeFi startups that raised in 2026 in the app, with filters, lists and exports.

[Find their investors](https://millionrounds.com/login?join=1&next=/app/investors)[All top lists](https://millionrounds.com/top-lists)

## More defi lists

[See all](https://millionrounds.com/top-lists?t=DeFi)

[*DA* *FT* *M* **DeFi startups worldwide** 78 companies · $2.2B](https://millionrounds.com/top-lists/defi-startups)[*DA* *FT* *G* **DeFi startups in the United States** 29 companies · $1.5B](https://millionrounds.com/top-lists/defi-startups-united-states)[*M* *E* *D* **DeFi startups in Europe** 19 companies · $383M](https://millionrounds.com/top-lists/defi-startups-europe)[*N* *EN* *CP* **DeFi startups founded in 2023** 10 companies · $109M](https://millionrounds.com/top-lists/defi-startups-founded-2023)

## More lists worldwide

[See all](https://millionrounds.com/top-lists?r=Global)

[*GV* *V* *RP* **Health startups worldwide** 12,811 companies · $81B](https://millionrounds.com/top-lists/health-startups)[*O* *A* *X* **AI startups worldwide** 10,238 companies · $830B](https://millionrounds.com/top-lists/ai-startups)[*GV* *V* *RP* **Biotech startups worldwide** 7,127 companies · $70B](https://millionrounds.com/top-lists/biotech-startups)[*D* *B* *FT* **Big data startups worldwide** 3,812 companies · $220B](https://millionrounds.com/top-lists/big-data-startups)[*AF* *R* *S* **Fintech startups worldwide** 3,200 companies · $94B](https://millionrounds.com/top-lists/fintech-startups)[*O* *A* *B* **AI startups that raised in 2026** 2,922 companies · $540B in 2026](https://millionrounds.com/top-lists/ai-startups-raised-2026)[*FT* *CE* *P* **Energy providers startups worldwide** 2,808 companies · $152B](https://millionrounds.com/top-lists/energy-providers-startups)[*A* *P* *O* **Marketing tech startups worldwide** 2,728 companies · $28B](https://millionrounds.com/top-lists/marketing-tech-startups)