TechFlow news, May 12 — DeFi derivatives protocol Smilee Finance announced it has raised $2 million in a seed funding round led by Dialectic, with participation from Synergis Capital, Concave Ventures, Owl Ventures, Yunt Capital, Dewhales Capital, Outlier Ventures, and several angel investors.
Smilee aims to build on-chain derivatives infrastructure enabling mass-scale volatility trading, becoming the de facto liquidity layer and the most capital-efficient primitive for DeFi options and structured products.




