Cascade is a neo-brokerage exchange that combines Web3 24/7 trading availability with a user-friendly TradFi interface and access to assets beyond crypto. It allows users to deposit USD directly from their bank accounts and trade perpetuals on crypto, U.S. stocks, and private assets.
According to CoinLaunch research, the platform raised $15M from several leading funds, including Coinbase Ventures, Polychain Capital, Variant, Auros, and Archetype.
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Cascade is a centralized neo-brokerage with support for U.S clients that combines Web3 trading advantages with a brokerage interface familiar to traditional traders.
The platform offers 24/7 accessibility, similar to a crypto exchange, while supporting direct USD deposits from bank accounts. This is made possible through integration with Bridge, a protocol developed by Stripe.
At the same time, Web3 users can access not only crypto assets but also U.S. equities and private assets without compromising their trading experience. Among the first perpetuals available on Cascade xyz perpetual markets are OpenAI, Stripe, Tesla, and BTC, with plans to introduce additional unique assets in the future.
Read more about the Cascade features in its docs.
🪙 Cascade token: As of January 2026, there’s no confirmation on whether the project is going to launch the native token or not.
However, the recently launched pre-deposit campaign, “The Cascade First Wave,” suggests that at the end of the Cascade “Waves,” the app might introduce its own token and conduct a Cascade airdrop for participants of the event.
On January 7, 2026, the project gained massive attention from the crypto community, raising a $3M pre-deposit cap in just six seconds. This occurred despite access to the pre-deposit phase being limited to users with invite codes only. The start date of the second pre-deposit phase remains undisclosed.
Given these solid results and the interest from Web3 users in Cascade xyz crypto brokerage app, the CoinLaunch team conducted a full overview of the project and found the following pros and cons:
✅ Cascade pros:
❌ Cascade cons:
Cascade is a New York–based startup designed to enable 24/7 perpetual trading of crypto, U.S. equities, and private assets. To achieve this, it uses a crypto-native infrastructure while integrating Bridge, the payment platform backed by Stripe, to support USD deposits directly from bank accounts.
Although the app has not yet announced plans to launch a native token, it is currently running Phase 1 of its rewards campaign, “The Cascade First Wave.” During this phase, users can join Cascade exclusively via limited invite codes and earn points by participating in the pre-deposit campaign and growing their network. This initiative may precede the launch of a native token and a potential Cascade airdrop.
Cascade is a New York-based neo-brokerage platform engineered for 24/7 perpetual trading across crypto, U.S. equities, commodities, forex, and private assets. It delivers a unified margin account with direct USD onboarding via Bridge (backed by Stripe) and zero trading fees, backed by Polychain, Variant, Coinbase Ventures, and others.
The Cascade First Wave — widely known in the community as the Retrodrop — is an ongoing invite-only points farming program. Users earn permanent points through pre-allocations into the Cascade Liquidity Strategy (CLS), network referrals (up to 20% of invitees’ points), and now scaled trading volume incentives in the live Private Beta (rolled out April 2026). Points are tied to your account and expected to qualify participants for potential future token rewards upon TGE. No official reward pool size or distribution date has been announced.
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