- The DeFi fund will focus on teams with a functional MVP, a clear and innovative value proposition, and the ability to ship, adapt, and scale.
November 26, 2025 — DWF Labs, a leading global player in digital-asset liquidity, institutional trading, and venture investment, is launching a new $75 million DeFi-focused investment fund aimed at accelerating the next phase of DeFi growth. The initiative will target projects building dark-pool perpetual DEXs, decentralized money markets, and fixed-income or yield-bearing products across Ethereum, BNB Chain, Solana, and Base – areas the firm believes are poised for major growth as liquidity continues its structural migration on-chain.
The firm’s managing partner, Andrei Grachev, said the timing reflects a shift in how capital, liquidity, and risk are beginning to move through crypto markets. “DeFi is entering its institutional phase,” he noted. “We’re seeing real demand for infrastructure that can handle size, protect order flow, and generate sustainable yield. This fund is designed to support founders who are building the systems that will define the next decade of open financial markets.”
The fund will focus on teams with a functional MVP, a clear and innovative value proposition, and the ability to ship, adapt, and scale. DWF Labs emphasized that it is looking for founders solving real structural problems in liquidity, settlement, credit, and on-chain risk management, rather than incremental variations of existing protocols. The goal is to identify high-conviction teams early and help them reach commercial and technical maturity faster.
“We’re expanding our incubation and venture-building efforts. The current market is the ideal time to support exceptional founders and accelerate the next wave of builders. Conditions are challenging, but this is exactly when the strongest builders emerge, and we want to be backing them now,” Grachev added.
Beyond capital, DWF Labs will provide a broad suite of ecosystem support to portfolio teams. This includes active TVL and liquidity provisioning, hands-on go-to-market strategy and execution support, and access to one of the largest networks of exchanges, market makers, infrastructure providers, and institutional partners in the digital-assets space. The firm will also extend its global communications and marketing capabilities to help teams shape narrative, strengthen visibility, and accelerate user acquisition. According to Grachev, this multi-layer support is designed to give founders “an unfair advantage in a market where distribution and liquidity matter as much as product.”
DWF Labs views the coming cycle of DeFi growth as one defined by real utility rather than speculative hyperactivity. As institutional liquidity steps into on-chain derivatives, credit markets begin to standardize, and yield products evolve toward more transparent, fixed-income-like structures, the firm believes that foundational infrastructure is still largely underbuilt. Data-efficient dark pools, programmable credit venues, and sustainable yield systems are becoming essential components of a maturing on-chain economy, and the fund aims to accelerate the teams closest to delivering them.
Founders can submit their interest through the “Contact Us” section on the DWF Labs website for consideration.
About DWF Labs
DWF Labs is the new generation Web3 investor and market maker, one of the world’s largest high-frequency cryptocurrency trading entities, which trades spot and derivatives markets on over 60 top exchanges.