The round was led by Alameda Research and Ship Capital, with participation from Solana Ventures, Raj Gokal, Electric Capital, AlleyCorp, Chris McCann, Joe McCann, and Alfred Chuang. The funding round will help support Delta One's core development and ecosystem growth for projects looking to integrate with the protocol.

Delta One is a yield generation protocol on Solana that offers novel delta-neutral and impermanent loss free farming markets. Its mission is to create novel, easy-to-use DeFi primitives that democratize the best risk-adjusted yield opportunities to achieve mass adoption of crypto investing.