Superfluid is the leading asset streaming protocol that brings subscriptions, salaries, vesting, and rewards distributions to DAOs and crypto-native businesses worldwide. The protocol has been live on Optimism since March 2022 and on Base since July 2023. It has been empowering developers with a crypto-native financial primitive, money streaming, and a modular smart contracts framework to build applications that leverage a formula-based balance and gasless, liquid, ongoing value transfer. To date 31,769 streams have been started on Optimism and 577,985 on Base for a combined total volume of over $170M. Superfluid is designed to minimize its TVL in favor of making assets available to sender or recipient at all times, minimizing funds locked in smart contracts. As such its impact is better measures in total volume transferred, number of total or active streams, total number of users and daily active users. When measuring the protocol activity it's important to not only rely on the on-chain transaction to smart contracts, but also on the the inner mechanics of the protocol (i.e. by evaluating the actions triggered via callData or by using the protocol subgraph). On the alignment with Optimism and Retro Funding Round 4 - Superfluid is builder-centric. A developer tool with clear focus on onboarding more developers to build more apps. As such, it’s additive to Optimism’s own goals. - Superfluid is supporting long term, real world use cases, like Salaries, Subscriptions, Memberships, Rentals, Airdrops, Grants distribution as well as entirely novel applications in DeFi, SocialFi and beyond. Superfluid Protocol has been used by the Optimism Foundation to stream the RPGF3 grants, and will be used again in the upcoming RPGF4 round, providing the rails for a seamless funds distribution. The protocol has been designed around builders and developers, with a set of tools available for building, debugging and data retrieval that empower new applications development. Here you can see an overview of projects built on Superfluid that have added value (and usage) to the Optimism and Base networks: https://www.superfluid.finance/post/how-superfluid-protocol-is-empowering-onchain-builders If you have any questions or would like to learn more about Superfluid, please reach out to mdali.eth on Warpcast or Twitter/X.
Category:
Utility
Venture Funding
Above-5m USD
Superfluid received $5.1M in venture funding since Jan 2023, here you can find the announcement: https://www.superfluid.finance/post/superfluid-secures-usd5-1m-to-boost-growth
Foundation Grant
150,000 OP
Superfluid received 150k OP grant from Optimism Collective Governance Fund Phase 1, the funds were allocated to community projects and were not used directly by Superfluid. https://www.superfluid.finance/post/announcing-the-recipients-of-our-superfluid-builder-grants-for-optimism
Base
0x4C073B3baB6d8826b8C5b229f3cfdC1eC6E47E74
Base
0xDF92D0E6Bcb9385FDe99aD21Ff5e47Fb47E3c6b2
OP Mainnet
0xcfA132E353cB4E398080B9700609bb008eceB125