Coinlaunch Trust Score
Coinlaunch Trust Score
78 (High)
Asymmetry Finance Price:
$0.00833 0.52%
🏦 Market Cap $148.1K
💰 FDV $424.85K
📊 Volume $103.73
📈 ATH Price $4.36
💵 ROI 0.00706x 99.29%
💸 ATH ROI 3.69x 269.49%
Top Investor
Oak Grove Ventures logo
Oak Grove Ventures Venture
Avon Ventures Logo Republic Capital Logo +3
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Asymmetry Finance (ASF)

Past
Total Raise: $5.5M
Date: 15 May, 23 - 13 Jun, 24

Asymmetry Finance: Reengineering The Synthetic Dollar. 

Asymmetry supercharges yield on staking tokens like CVX (34% APY) and ETH (10% APY). The project is moving into the synthetic dollar space with its high-yield synthetic dollar afUSD (21% APY). afUSD is a fully on-chain alternative to Ethena -- scalable and open source. 

From its seed round, Asymmetry Finance has raised $4M from Avon Ventures (Fidelity-affiliated token fund), Republic Crypto, Side Door Ventures, the Founder of Frax, the Founders of Convex, and more. 

On May 31, 2024, Asymmetry Finance announced its public sale on Paid Network, which will take place on June 12.

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Asymmetry Finance Overview

Ticker: ASF
Blockchain Network: Ethereum
Country: United States
Founded: 2023
Whitelist: Yes
KYC: No
Bounty: Yes
MVP: Yes
Type: IDO
Industry:

ASF/USD Price Chart

📈 ATH Price $4.36 07 Jan, 25
📉 ATL Price $0.000000400 31 Mar
From ATH -99.81%
From ATL +2,081,923.88%

Asymmetry Finance Review

Last updated: 10 Jun

Asymmetry is the Structured Products Hub for liquid staking and restaking tokens. Asymmetry pioneers LST solutions and products offering market-leading yield, hybrid-LSTs, yield optimization, and custom risk-adjusted positions.

Asymmetry Finance’s goals include:

  • Market-leading Yield: It is no secret that the market flows to high yield. Asymmetry strives to push boundaries on what can be achieved for yield - building products that strike a healthy balance between achieving market-leading yield, and sustainability at scale. afETH and afCVX achieve market-leading real yield by harnessing the power of the Convex ecosystem.
  • Composability: Liquid Staking was originally designed to be composable across the wide world of DeFi. afCVX and afETH were designed with that in mind:  to be accessible, composable, and reliable. Users must be able to use their tokens across the DeFi ecosystem while still earning yield, and that is possible with afETH.
  • Real Yield: Asymmetry has long studied market trends and practices, repeatedly witnessing a variety of failed yield structures. Asymmetry firmly believes in delivering real yield to users, as in, yield that can be relied upon and not subject to short-term or naive strategy. A prime example of this is the model of artificial yield propped up by an inflationary governance token - No matter the intricacies, the market has witnessed these structures ultimately fail to the detriment of users. Asymmetry builds products with Real Yield at the core, for users to transparently know where their yield comes from, why it’s sustainable, and why it can be trusted over time.

The project has several products:

  • Convex: afCVX (Asymmetry Finance Convex).
  • Ethereum LSTs: afETH (Asymmetry Finance Ethereum), safETH (Simple Asymmetry Finance Ethereum).
  • Governance: $ASF, veASF.

🤑 The project has its native token $ASF, which is used within the Asymmetry ecosystem.

On May 31, 2024, Asymmetry Finance announced its public sale on Paid Network with a fundraising goal of $1.5M.

 

✅ Asymmetry Finance’s pros:

  • The solution for liquid staking (LS) and restaking (LRT) meets the current market trend;
  • Low Initial MarketCap / FDV rate (5.98%);
  • Strong Security: Has  multiple public smart contract audits;
  • Has open bug bounty program; 
  • Above-the-average SMM coverage;
  • Good PR performance;
  • Solid Growth Marketing;
  • Not bad Marketing Infrastructure;
  • Has a lot of reputable backers and partners;
  • Team members have solid experience in crypto.

📛 Asymmetry Finance’s cons:

  • Not clear size of user base; 
  • No public vesting schedule;
  • No transparency on Private Round token distribution;
  • Poor Search Engine Optimization;
  • Below-the-average Influencer Marketing.

Asymmetry Finance Team

Hannah JoJo
Hannah JoJo
Co-Founder
Justin Garland
Justin Garland
Co-Founder

Asymmetry Finance Roadmap

Q3 2024

Launch 20% APY LRT with EtherFi

Q4 2024

Launch 20% APY synthetic dollar

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