Kyo
3 known investors
Kyo Finance is a DeFi protocol offering a cross-chain DEX aggregation and execution layer that routes swaps across multiple liquidity sources and chains for optimized results. It provides a decentralized exchange with a veDEX model, AI-driven intent parsing, and developer APIs for integrating optimized routing across aggregated liquidity.
Also known as KYO · Kyo Finance · Kyo.ag
Investors · 3
Also in the syndicate · 2
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 2026Kyo Finance operates a decentralized finance protocol built around two products: Kyo.ag, a meta DEX aggregation and execution layer, and Kyo DEX, a vote-escrowed (veDEX) decentralized exchange. The aggregator pools liquidity from multiple integrated liquidity sources and routing engines, computing optimized swap paths and handling execution across chains without users manually coordinating separate routing tools. Feature set includes an AI intent parser that translates user-stated intents (for example, swapping one token for another) into executable routes, multi-swap for executing several token swaps in a single transaction, and zap-in liquidity provision using a single token.
The DEX side is described as a veDEX designed to support liquidity for multiple on-chain asset types, including ERC-20, ERC-721 and ERC-1155 tokens, with configurable liquidity pools, a bribe-reward layer, and consolidated one-transaction operations spanning trading, staking and rewards. Kyo Finance V3 markets are listed on CoinGecko, trading pairs denominated largely in Soneium-bridged assets such as USDC.E, USDT0, ASTR, WETH, WBTC and the protocol's own KYO token.
Kyo also exposes its routing capability to third-party developers through a public API (for example, a /v2/quote endpoint) that returns comparative quotes and executes the best available result, positioning the protocol as infrastructure for partner integrations and chain-level growth in addition to a consumer-facing exchange.
Business model
Kyo operates on-chain trading infrastructure: a vote-escrowed DEX with configurable liquidity pools and a bribe-reward layer that ties trading, staking and reward distribution together, alongside an aggregation and execution layer that routes swaps across integrated liquidity sources and chains. A KYO token is traded on the protocol's own V3 markets.
Traction
CoinGecko reports Kyo Finance V3 24-hour trading volume of approximately $19,389, down 75.89% over the prior day, across 10 listed coins and 17 pairs, with WBTC/WETH the most active pair. The protocol raised a $5 million Series A in November 2025 at a stated $100 million valuation.
Latest developments
In November 2025 Kyo Finance announced a $5 million Series A led by Castrum Istanbul with TBV and BZB Capital, at a $100 million valuation, with proceeds directed at building a unified liquidity layer intended to reduce chain boundaries and complexity in DeFi.
▸Full profile — market position, technology, go-to-market, geography
Market position
Positioned as a veDEX and cross-chain aggregation layer within the Soneium ecosystem, competing with other DEXs and swap aggregators. CoinGecko lists Kyo Finance V3 as a decentralized exchange with 10 coins and 17 trading pairs.
Technology
The stack combines liquidity aggregation across integrated sources with meta-aggregation across multiple routing engines, optimized pathfinding, and cross-chain execution. An AI intent parser converts natural swap intents into routes; additional primitives include multi-swap batching within one transaction and single-token zap-in liquidity provision. A veDEX model underpins the exchange layer. The protocol states it has been audited multiple times by external firms and received an audit grant from the Superchain Foundation.
Go-to-market
Direct product access through the kyo.ag aggregator and Kyo DEX web applications, developer adoption via a documented quote/execution API, and partner integrations within the Soneium ecosystem.
On-chain traders and liquidity providers seeking swap execution across fragmented liquidity, plus projects and developers integrating routing via Kyo's API, and ecosystem partners pursuing chain-level growth.
Geography
Operates as an on-chain protocol; activity is concentrated in the Soneium ecosystem with cross-chain execution across integrated networks.
Compiled by commissioned research from 8 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 · 2
launches, deals, and filingsKyo Finance announced the completion of a $5 million Series A round at a $100 million valuation, led by Castrum Istanbul with participation from TBV and BZB Capital, to build a unified liquidity layer across chains.
$5M source ↗
Kyo states it has been audited multiple times by external security firms and received an audit grant from the Superchain Foundation.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 8
primary sources listed
- Kyokyo.finance · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Kyo do?
- Kyo Finance is a DeFi protocol combining a veDEX and a cross-chain DEX aggregator for intent-based swap execution.
- Who are Kyo's investors?
- Kyo's investors include Castrum Capital.