Market making & liquidity.
01 / OUR CONVICTION
We help make markets healthier and more efficient. We invest our own capital, provide on-chain liquidity, and operate blockchain infrastructure—working closely with teams from the earliest stages.
02 / WHAT WE DO
Investing, liquidity, and infrastructure.
Actively involved in what we back.
TWO-SIDED LIQUIDITY / ILLUSTRATIVE
Useful liquidity. Better price discovery. Smoother execution. We participate actively in orderbooks and AMMs, understand how each market works, and share what we learn with the teams building it.
Our capital.
Our commitment.
We invest our own capital in ambitious teams across DeFi. Our interests span the full ecosystem—from trading and lending to payments, asset management, and new financial primitives.
We look for projects we believe in and ways to contribute as they grow, through capital, product feedback, liquidity, or technical support.
Behind every market,
a network.
We deploy and operate the infrastructure a blockchain needs: validators, full and archive nodes, RPC services, and custom protocol infrastructure.
From initial integration to monitoring, maintenance, and upgrades, our engineers stay involved throughout the network’s lifecycle.
Before launch.
Beyond launch.
We get involved while products are still taking shape. We use early versions, test integrations, discuss design decisions, and share honest feedback.
As teams move toward launch and beyond, we stay engaged with the product and the people building it.
03 / IN CONTINUOUS MOTION
Market making means being involved in the market—not just placing capital in it. We connect observation, participation, and feedback to improve the experience of the people using a protocol.
We participate actively, understand how each venue works, and pay attention to liquidity, price discovery, and the experience of traders.
04 / THE NOCTURNAL THESIS
DeFi grows when its products work well for the people using them. We invest in teams building toward that goal and contribute where we can make a difference: healthier markets, reliable infrastructure, and practical support from the earliest stages.
05 / OUR EVOLUTION
The technical foundations came first.
The conviction grew from there.
THE FOUNDATION
Nocturnal Labs began as a validator operator, securing networks and participating in proof-of-stake consensus. That experience built our technical foundation and relationships across the blockchain ecosystem.
THE CONTINUATION
Today, we invest across DeFi and bring that operational experience to the projects we support. Our involvement spans early product development, on-chain liquidity, and blockchain infrastructure. We put our capital and experience to work alongside teams.
We look at investment opportunities across all types of DeFi projects. That includes trading, lending, payments, asset management, and new financial primitives. We also support teams building blockchain infrastructure.
Yes. We invest and deploy our own capital. We combine that commitment with active involvement in the products, markets, and networks we support.
Validators, full and archive nodes, RPC services, and custom blockchain infrastructure. We assess the network’s requirements and scope deployment, monitoring, maintenance, and upgrades with your team.
We work with teams at very early stages, while ideas and products are still developing. We contribute feedback, test systems, and help prepare for launch, then stay involved as the project grows.
We help make markets healthier and more efficient through useful liquidity, better price discovery, and smoother execution. We pay attention to the experience of traders and the health of the protocol, and work closely with teams to identify improvements.
Tell us what you’re building, what stage you’re at, and the challenges you’re working through. We’re interested in meeting teams across DeFi and finding where our capital and experience can help.
THE NEXT CONVERSATION STARTS HERE
CAPITAL / LIQUIDITY / INFRASTRUCTURETell us what you’re building.
We’ll find where we can contribute.