Bluefin
BLUE
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| -- | -- | -- | Jun 27, 2024 | |
| -- | $23M | -- | Sep 14, 2021 | |
| Seed | $7M | $50M | May 13, 2021 | |
| Pre-Seed | -- | -- | Mar 05, 2021 |
| Project | Funding Status | Region | Categories | Ecosystem | Founded | Token Issuance |
|---|---|---|---|---|---|---|
 Nexa | M&A | Tools DeFi Data & Analysis Data & Analysis | Jan 01, 2024 | No Token |
Bluefin is a decentralized, orderbook-based exchange built for both professional and first-time traders, with a focus on security, transparency, and seamless user experience. Backed by leading firms like Polychain, SIG, and Brevan Howard Digital, Bluefin enables users to onboard and trade within seconds, in partnership with Sui—a blockchain project originating from Facebook—with the shared goal of redefining on-chain trading.
Built on Sui, Bluefin supports high-leverage perpetual futures (up to 20x) and spot trading via concentrated liquidity market making (CLMM). Since late 2023, it has become the top protocol by trading volume on Sui, surpassing $50 billion in cumulative volume. The platform aims to offer efficient, low-slippage trading while unifying spot and derivatives into a seamless DeFi ecosystem.
Bluefin partners with top market makers like Wintermute, Amber Group, and Keyrock, and integrates with Sui-native projects such as Cetus Protocol and Turbos Finance to expand cross-chain liquidity. It also collaborates with major NFT communities like Pudgy Penguins and Azuki, using $BLUE token airdrops to grow its ecosystem and user base.