DeBank
15 known investors
China-based crypto wallet and DeFi portfolio tracker covering hundreds of protocols across multiple blockchains.
Also known as DeBank
Founders & leadership
Investors · 15
Also in the syndicate · 4
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026DeBank is a crypto wallet and decentralized finance (DeFi) platform that gives users access to services such as token swapping and portfolio tracking. Its core function is to let users monitor their DeFi investments across protocols — for example, how much capital they have deposited in various protocols and the yield they have earned.
As of December 2021, the platform supported close to 800 DeFi protocols spanning more than 15 blockchains, including Ethereum, Binance Smart Chain and Avalanche, with support for Solana and Harmony stated on its website as planned. The company also maintains a publication on Medium.
Business model
DeBank operates a consumer-facing crypto wallet and DeFi portfolio tracking platform that aggregates user positions across many decentralized finance protocols and blockchains. The available sources do not describe how the company charges for the product.
Traction
By December 2021 the platform supported nearly 800 DeFi protocols across over 15 blockchains; no user or revenue figures are provided in the sources.
Latest developments
The most recent company-specific development in the sources is the December 2021 announcement of a $25 million equity round; the company did not state how it planned to use the capital and did not respond to press inquiries before publication.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Press coverage identifies DeBank as one of several DeFi portfolio-tracking and wallet products, naming Zapper and Zerion as its closest competitors, both of which also raised funding in 2021 ($15 million and $8.2 million respectively).
The sources do not describe differentiating features beyond the breadth of protocol and chain coverage on the platform.
Technology
A multi-chain aggregation platform that indexes DeFi protocol positions across more than 15 blockchains and provides wallet functions including token swapping.
Go-to-market
The sources do not describe DeBank's go-to-market approach beyond a directly accessible web platform and a Medium publication used for communications.
Retail DeFi users who hold positions across multiple protocols and blockchains and want to track deposits and yields.
Geography
Reported as China-based; no further location detail is available in the sources.
History
The company was founded in 2018 and is based in China. According to press coverage, it completed two earlier funding rounds of undisclosed amounts before announcing a $25 million equity round in December 2021 led by Sequoia China, at which point it was valued at $200 million.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsPress coverage reported a $25 million equity funding round led by Sequoia China, with participation from Dragonfly Capital, Youbi Capital, Coinbase Ventures, Crypto.com Capital, Circle and Ledger, valuing the company at $200 million.
$25M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 5
primary sources listed
- DeBankmedium.com · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does DeBank do?
- China-based crypto wallet and DeFi portfolio tracker covering hundreds of protocols across multiple blockchains.
- Who founded DeBank?
- DeBank was founded by Tang Hongbo.
- Who are DeBank's investors?
- DeBank's investors include Coinbase Ventures, Dragonfly, Fenbushi Capital, IOSG Ventures, Metastable, Signum Capital, Youbi Capital, Crypto com Capital and 3 more.