Saddle: An optimized automated market maker for efficient crypto asset trading.
Location
San Francisco, CA, US
Founded
2020
Saddle is an automated market maker (AMM) optimized for trading between pegged value crypto assets. The platform is designed to provide efficient and low-slippage trading experiences, particularly for stablecoins and other pegged assets. Saddle operates within the decentralized finance (DeFi) ecosystem, focusing on enhancing liquidity and trading efficiency across various blockchain networks.
Notable features of Saddle include its community governance model, trustless on-chain voting, and cross-chain gauges. The platform boasts over $2.2 billion in cumulative trading volume and more than $11 million in total value locked (TVL). Saddle's ecosystem supports community pools, allowing users to launch stable pools with robust security and infrastructure. The firm emphasizes transparency and user engagement through its open-source stableswap interface.
Saddle - Classification
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
