Chaos Labs Secures $55M in Series A Funding

Cover Image for Chaos Labs Secures $55M in Series A Funding

Today, we are thrilled to announce that Chaos Labs has successfully closed a $55 million Series A funding round, led by Haun Ventures. This pivotal investment will fuel our mission to enhance onchain economic security through innovative risk management solutions.

We are excited to welcome new investors such as F-Prime Capital, Slow Ventures, Spartan Capital, and others who join our distinguished group of existing backers, including Lightspeed Venture Partners, Galaxy Ventures, Wintermute Ventures, PayPal Ventures, General Catalyst, Bessemer Venture Partners, and Coinbase Ventures. The round also features strategic contributions from notable angel investors like Kevin Weil (OpenAI CPO and Scribble Ventures), Michael Shaulov (Fireblocks CEO), Anatoly Yakovenko (Solana CEO), Francesco Agosti (Phantom CTO), and Anton Katz (Talos CEO).

In the past year, Chaos Labs tripled its customer base, with more than 20 protocols, including Aave, GMX, and Jupiter, relying on Chaos Labs' technology to secure, monitor, and scale their products. To date, Chaos Labs' technology has secured $860B in cumulative trading volume, $25B in loans, and $35M in incentives.

This Series A investment marks the first led by Diogo Mónica, General Partner at Haun Ventures. Mónica expressed his excitement about the partnership: "Chaos Labs has emerged as an industry leader; their rapid growth, despite volatile markets, speaks volumes about their product-market fit, brand strength, and product quality. As onchain finance matures to compete with its centralized counterparts, the need for world-class risk management tools, designed from the ground up for the blockchain stack, is both clear and intuitive."

For Chaos Labs, this growth aligns with a broader vision: to empower decentralized applications with contextualized data to improve risk management and economic security, and enhance capital efficiency while achieving performance parity with centralized counterparts.

Our North Star

Chaos Labs was named after the problem we’re trying to solve.

In a world of centralized financial actors restricting access, enforcing predatory fees, and mishandling user funds, we aim to build products which guarantee trust and transparency. The financial markets of the future will not be centralized.

Decentralized finance is in a period of rapid growth and evolution that will continue to accelerate in the coming decades. We have conviction that decentralized finance will become the infrastructure for 24/7 global financial markets.

Crypto is among the most volatile asset classes today, yet, DeFi applications remain static, relying on stale parameters that take hours or days to update.

Currently, decentralized finance applications depend on manual analysis and adjustment of risk parameters to perform well in varying market conditions. By comparison, centralized exchanges, including the Chicago Options Exchange, utilize risk engines built directly on top of market data feeds.

Our North Star has always been to leverage high quality data to inform high quality risk management. At Chaos Labs, we believe:

  • You can’t optimize what you can’t measure.
  • Offchain market context is essential to onchain risk.
  • All apps need real-time, contextualized data.

Chaos Labs is building new products which merge previously siloed offchain market data, observability, and alerting, with dynamic risk parameter adjustments. This new technology will enable instant updates to decentralized applications which reflect current market conditions: real-time, responsive, and secure. And we’re partnering with the breakthrough onchain applications that need it most: derivatives, money markets, and real-world-assets.

To achieve this vision, Chaos Labs is growing. If our North Star resonates with you, we want to hear from you.

Reach out to us at careers@chaoslabs.xyz or @chaos_labs on X, and learn more about open roles here.