Idle: A decentralized protocol for automatic asset allocation and aggregation in the crypto-economy.
Location
New York City, NY, US
Founded
2019
Idle is a decentralized protocol focused on automatic asset allocation and aggregation in the crypto economy. The platform offers yield-generating opportunities for various assets, including ETH, WBTC, and stablecoins, through tokenized baskets programmed to rebalance funds automatically. Idle's investment focus spans multiple yield sources and supported chains.
The protocol has garnered trust from notable investors and boasts a significant total value locked (TVL). Idle offers unique products like Fasanara Investments for institutional credit, Ethena for diversified basis yield, and Instadapp for leveraged staking. As one of the longest-running DeFi protocols, Idle prioritizes security with regular audits performed by world-leading security companies.
Idle - Classification
Also Known As
Idle Labs Inc.
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
6000Depository Institutions
6090Functions Related To Depository Banking
6099Functions Related To Depository Banking, Not Elsewhere Classified
Show 3 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities
