dialectic

Dialectic Meccanico announced plans to launch the on-chain vault Starloop based on Makina on Base, expected to go live in September 2026, for eligible tokenized SpaceX exposure holders to put their positions to use.After users deposit tokenized SpaceX exposure, the vault will borrow USDC against it as collateral and deploy it to approved on-chain opportunities, with net earnings flowing back to depositors while retaining exposure to the underlying assets. Dialectic is the first operator of Makina and has operated public vaults such as DUSD and DETH.

ChainCatcher news, the on-chain derivatives protocol Smilee Finance announced the completion of a $2 million seed round financing, led by Dialectic, with participation from Synergis Capital, Concave Ventures, Owl Ventures, Yunt Capital, Dewhales Capital, Outlier Ventures, New Order, Multisig Ventures, and GTS Ventures, as well as angel investors including Marc Zeller (Aave integration lead), Barry Fried, 0xSami, Darren Camas, and Slappjakke.Smilee supports volatility-based products and strategies by modeling liquidity providers as option sellers, converting impermanent loss (IL) into an options portfolio to create any type of volatility-based yield. (Source link)

ChainCatcher news, NFT market maker protocol Protecc Labs has completed a $1.5 million seed round financing, led by Dialectic, with participation from UOB Venture Management, Signum Capital, Interlinked Capital, Side Door Ventures, 0xVentures, Kronos Ventures, 3.0 Capital, Concave Ventures, and Cogitent Ventures. (source link)

ChainCatcher news, the NFT perpetual contract trading platform nftperp has completed a $1.7 million funding round at a valuation of $17 million, with participation from institutions such as Dialectic, Maven 11, Flow Ventures, DCV Capital, Gagra Ventures, AscendEX Ventures, Perridon Ventures, Caballeros Capital, Cogitent Ventures, Nothing Research, Apollo Capital, Tykhe Block Ventures, and OP Crypto. It is reported that nftperp tracks the minimum prices of NFT collections, allowing users to go long and short on NFTs. (source link)