Kairos, an on-chain interest rate swap protocol, has raised $2.4 million in seed funding.

CoinFeed reported on March 25th that Kairos Labs announced the completion of a $2.4 million seed funding round, led by 6th Man Ventures, with participation from Lattice, Advancit Capital, and Compa Capital. The company also released a technical white paper introducing its permissionless, non-custodial interest rate swap protocol built on the EVM ecosystem. This protocol has already generated over $300 million in notional swap transactions during its testing phase and is expected to launch on the Ethereum mainnet and Base within weeks.