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Fermah (N/A)

Active Retrodrop 🔥
Total Raise: $5,200,000
Date: 17 Sep - 18 Sep 2024

Fermah is a universal marketplace where GPU operators provide proving power and a matchmaker routes any ZK workload, supporting all major proof systems, including zkVMs, zkEVMs, and Groth16. Its optimized orchestration ensures low-cost, high-speed, and reliable proof generation for any chain or virtual machine.

According to CoinLaunch team’s research, the Fermah proof market has raised $5.2M in its Seed funding round led by a16z crypto and followed by participation from other funds.

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Fermah Overview

Ticker: N/A
Country: United States
Industry: Blockchain Service
Founded: 2024
Whitelist: Yes
Blockchain Network: Ethereum
KYC: No
Bounty: Yes
MVP: Yes
Type: Equity
Security Audit: No

Fermah Review

Fermah is a universal proof generation layer that functions as a marketplace where GPU and FPGA operators supply compute resources, and a smart matchmaker routes any ZK workload across all major proof systems, including zkVMs, zkEVMs, and Groth16. By intelligently orchestrating resources and maximizing hardware utilization, Fermah delivers fast, low-cost, hassle-free ZK proving for everything from rollups to ZK bridges and ZKML, and is already proving its model in production through its collaboration with zkSync.

Fermah Inc. aims to bring “Moon Math” to the masses using the following components:

  • Seekers: Whitelisted users or applications that submit proof requests to the network using Fermah’s developer tooling;
  • Core: The coordination layer that receives proof requests from Seekers, communicates with all Prover Nodes, and manages task routing and result handling;
  • Prover Nodes: The machines that actually generate proofs by running the appropriate prover algorithm for each delegated request, powered by EigenLayer Operator GPUs and CPUs, and set to expand to FPGAs and VPUs.

You can get acquainted with more details in the docs.
 

🪙 Fermah Token: As of December 2025, the Fermah team hasn’t disclosed any details concerning the native token of the project. However, Fermah features a Testnet campaign, allowing users to be among the first ones to try out the features. In addition to the Fermah testnet, the project allowed users to mint an NFT and get the Pioneer role in Discord. These may be signs of a potential Fermah token airdrop.  Considering the upcoming Fermah ZK potential airdrop, our team has completely analysed the Fermah crypto project, revealing its several pros and cons:
 

✅ Fermah pros:

  • High SEO and PR score;
  • Above-average Growth Marketing and SMM performance;
  • Backed by a16z crypto;
  • Core team members have work experience in top-tier companies (Microsoft, Goldman Sachs).
     

❌ Fermah cons:

  • No Security audits;
  • Below-average Infuencer Marketing and Marketing Infrastructure performance;
  • No info on the token yet.

Fermah Token Economy

Total Raise: $5,200,000
Total Supply:
Private/Pre-sale: (0%)
Public Sale: (0%)
Fully Diluted Valuation (FDV):
Initial Circulation Supply: (0% of FDV)

Fermah Token Sale (ICO & IDO) Rounds

Seed: Sep 2024
Past

Price: N/A
Tokens for sale: N/A
Raise: $5,200,000
Lock-Up: N/A
Funds:
a16z Balaji Srinivasan Sandeep +6
Retrodrop is active now! 🔥🔥🔥 Read More

Fermah Funds and Backers
(3/9)

Submit
a16z
a16z CSX (a16z crypto)
Score: Very High
29 numbers of
investment
Read More
Balaji Srinivasan
Balaji Srinivasan
Score: High
24 numbers of
investment
Read More
Sandeep
Sandeep Nailwal
Score: Medium
24 numbers of
investment
Read More
View All

Fermah Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  02 Jan 2026 Upgrade

Fermah Team

Vanishree Rao
Vanishree Rao
Founder & CEO
Pranit Garg
Pranit Garg
CMO
Sean Gilbert
Sean Gilbert
Growth Manager

Fermah Airdrop & Retrodrop & Bounty

Testnet (Retrodrop)
funds
Start Date:
02 Apr 2025
End Date:
TBA
Difficulty:
Medium
Winners:
N/A
Rewards:
N/A

Description

Fermah is a decentralized proof network that orchestrates proof requests from whitelisted users through a smart Core layer to Prover Nodes running specialized hardware. It enables seamless generation of zero-knowledge proofs across multiple systems, providing a production-ready solution for developers building rollups, bridges, and other ZK applications.

On April 2nd, 2025, the project launched its Testnet, allowing users to register for the event and start testing the network. Hence, we have prepared a comprehensive guide on how to join the event.

Read More

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