Perena is a stablecoin liquidity protocol on Solana, designed to improve stablecoin trading and liquidity management through its Numéraire AMM. ​​USD* is a Perena LP token, representing liquidity in its pools and enabling yield generation for liquidity providers.
In December 2024, Perena raised $3M in pre-seed funding, led by Borderless Capital with backing from Primitive Ventures, Binance Labs, Breed VC, Malestorm, MitonC, ABCDE, Anagram Crypto, Temporal and SevenX Ventures. ​​The funding aims to develop an on-chain system that provides efficient trading liquidity support for emerging stablecoins.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Very High | 0.90x | 67 | ||
| Medium | 0.42x | 20 | ||
| N/A | 3.52x | 17 |