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DeFi credit delegation protocol Twyne announces a seed round co-led by Cyber Fund and Ethereal Ventures. The funding amount was not disclosed.

PRIVATEAug 18, 2026about 10 hours ago

Round Type

Seed

Financial ServicesFinanceFintechBlockchainCryptocurrencyLending

Investors

Ethereal VenturesCyber Fund

Description

On-chain credit delegation protocol Twyne has announced a seed funding round co-led by Cyber Fund and Ethereal Ventures. The protocol is building a 'Credit Delegation Layer' to reallocate unused borrowing power in onchain lending markets. Twyne has surpassed $14 million in total value locked (TVL). The team claims that more than $20 billion of borrowing power is currently underutilized across lending markets.

Company Information

Company

Twyne

About

Twyne is a DeFi credit delegation protocol that aims to reallocate unused borrowing power in onchain lending markets. It allows depositors to earn additional yield by delegating their unused credit, while enabling borrowers to enhance their effective liquidation thresholds and leverage. The protocol has recently surpassed $14 million in Total Value Locked (TVL). Twyne focuses on improving the utilization of credit in decentralized finance platforms.

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